HEXO Corp aligns its operations with its 2020 expectations, reduces cost structure GATINEAU, Quebec, Oct. 24, 2019 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX:HEXO; NYSE:HEXO) announced today it has taken steps to reduce its workforce. The Company is rightsizing its operations to adjust to a changing... Read more
HEXO Corp announces $70 million private placement of convertible debentures led by Directors, CEO, and long-term shareholders; reschedules FY 2019 earnings call GATINEAU, Quebec, Oct. 23, 2019 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX:HEXO; NYSE:HEXO) today announced that it has entered into subscription agreements with a... Read more
Coverage of the Benzinga Cannabis Capital Conference in Chicago From coast to coast– and everywhere in between –Cannabis MSOs are creating expansive footprints in the United States. Six different cannabis MSO leaders spoke at the Benzinga Cannabis Capital Conference in Chicago about a wide range of industry topics, including... Read more
Innovative Industrial Properties Acquires Florida Property and Expands Real Estate Partnership with Trulieve Cannabis Corp. SAN DIEGO, October 23, 2019 — (Business Wire) — Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S.... Read more
Job applicants seeking employment with the city of Cincinnati may soon no longer have to face a drug test for marijuana. That is the underlying motivation behind a pair of proposals being considered by the Cincinnati city council, which this week heard arguments over how the city government treats... Read more
The Michigan State Police has created a new unit to investigate and prosecute medical professionals who illegally prescribe opioids in the state. The new Diversion Investigation Unit was formed this summer after Democratic Gov. Gretchen Whitmer issued an executive order in August that created the Michigan Opioids Task Force.... Read more
NEW YORK (AP) — California and New York City sued the U.S. Postal Service on Tuesday to stop tens of thousands of cigarette packages from being mailed from foreign countries to U.S. residents, saying the smugglers are engaging in tax evasion while postal workers look the other way. The... Read more
Lowering pharmaceutical drug prices is a rare bipartisan goal in Washington, and a legislative proposal to do just that cleared the Ways and Means House committee on Tuesday. The proposed law would allow Medicare to negotiate directly with pharmaceutical companies over the price of 250 of the United States’... Read more
Later this week, the U.S. Department of Justice (DOJ) and the Drug Enforcement Agency (DEA) are sponsoring the National Prescription Drug Take Back Day. The event is designed to give people a safe way to dispose of prescription drugs. And there will be local drop-off spots around the country.... Read more
Cassandra Farrington co-founded Marijuana Business Daily in 2011. (Photo by Soliman Productions) Cassandra Farrington, the co-founder of Marijuana Business Daily, is stepping aside as CEO of the pioneering cannabis publishing and trade show business at the end of the year and will be replaced by the company’s founding editor and... Read more