Schultze Special Purpose Acquisition Corp. Announces Non-Binding Letter of Intent for a Business Combination with Clever Leaves, a Leading Pharmaceutical-Grade Multi-National Cannabis Operator -With More than 1.9 Million Square Feet of Greenhouses, Clever Leaves is One of the Largest Cannabis Cultivation and Extraction Companies in the World- RYE BROOK,... Read more
A Food and Drug Administration (FDA) letter warning a company about its marketing of injectable CBD products has led to a voluntary recall that the federal agency announced on Wednesday. Biota Biosciences received the letter last month, with FDA directing the firm to cease sales of its line of... Read more
Canadian licensed producers, after twelve consecutive monthly declines through March, posted their second straight gain during May, with the Canadian Cannabis LP Index rising 20.2% to 319.23, far surpassing the performance of the S&P/TSX Composite, which rose 2.8%: Over the past year, the index has declined 67.3%: The index remains substantially... Read more
Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to 30.20 during May: The index, which launched at the end of October 2018 with a value of 100, reached a... Read more
A scientist in a case that forced the release of a previously “secret” Justice Department document about federally authorized marijuana research this week is now calling on Congress to urge administrative action to more rapidly expand studies into the therapeutic potential of cannabis. Sue Sisley of the Scottsdale Research... Read more
Activists behind a marijuana legalization initiative in Arkansas are seeing glimmers of hope that they will be able to qualify for the November ballot despite serious setbacks caused by the coronavirus pandemic. A federal judge ruled on Monday that the secretary of state must accept signatures that were not... Read more
Researchers studying two altars from an ancient shrine in Israel have discovered that cannabis was used in religious rituals at the site. The discovery is the earliest evidence of cannabis use in the Ancient Near East, according to authors of a study published Thursday in the archaeological journal Tel... Read more
Medical marijuana patients in Montana will gain improved access to their medicine under a state law that goes into effect next week. The measure, Senate Bill 265, eliminates a requirement under existing statute known as tethering that limits patients to using only one medicinal cannabis provider. J.J. Thomas, the... Read more
