The New York Department of Financial Services has announced that it will be issuing dozens of subpoenas to individuals and companies associated with the pharmaceutical opioid industry. State Governor Andrew Cuomo did not mince words when referring to the pharmaceutical companies’ tendency to obscure their products’ highly addictive nature.... Read more
Updated (9/11/2019 10:50 AM Pacific Standard Time) President Trump and First Lady Melania Trump are joining a growing chorus of public officials tweeting and demanding action in response to the recent uptick in vape-linked illnesses and deaths. On Sept. 11, Trump announced his plan to hold a same-day policy... Read more
Germany received its first imports of medicinal cannabis from Portugal and Australia this week. Two German companies took delivery of the shipments that will be used for testing purposes and to supply the country’s growing demand for medical marijuana, which was legalized in 2017. In Cologne, Cannamedical Pharma received... Read more
The Federal Trade Commission has once again cautioned companies to make sure that they are within federal guidelines when it comes to selling CBD. On Tuesday, the agency announced that it had issued warning letters to companies that it says were advertising health claims for CBD products “without competent... Read more
The hemp at Triple C Farms near Sisters, Oregon, has recovered from a damaging August hailstorm. (Photo by Matt Cyrus) Four weeks after a hailstorm in Central Oregon wreaked havoc on roughly 500 acres of hemp, farmers say the area’s crop may not be a total loss. Some of the... Read more
Medicine Man Technologies Enters into Binding Term Sheet to Acquire Strawberry Fields, an Integrated Operator in Southern Colorado Strawberry Fields brings four dispensaries, manufacturing facilities, and over two acres of greenhouse cultivation facilities to the Company Extends its successful branded cannabis products, including Devour, an award-winning and fast-growing brand... Read more
Aurora Cannabis Announces Financial Results for the Fourth Quarter and 2019 Fiscal Year Generates Net Revenue of $98.9 Million, Up 52% From Prior Quarter Cannabis Net Revenue Increases 61% to $94.6 Million From Prior Quarter Reports Gross Margin on Cannabis Net Revenue of 58% EDMONTON, Sept. 11, 2019 /PRNewswire/... Read more
In an 8-K filing released after the close, Tilray (NASDAQ: TLRY) announced that Cowen and Company has been selected to sell up to $400 million in stock once an S-3 registration statement is effective. Any sales will be an “at-the-market offering”: Pursuant to the Sales Agreement, each time Tilray wishes... Read more
