Auxly Welcomes $123 Million Investment and R&D Partnership with Imperial Brands Imperial Brands to invest approximately $123 million by way of a debenture convertible into 19.9% ownership of Auxly at a conversion price of $0.81 per share Auxly granted global licences to Imperial Brands’ vaping technology and intellectual property... Read more
A key Senate committee met on Tuesday to discuss legislative fixes that would allow banks to service state-legal marijuana businesses without the risk of being penalized by federal financial regulators, and the chair of the panel concluded that “a case has been made pretty strongly here” that the issue... Read more
Colorado biotechnology company KelSie Biotech announced on Tuesday that its SUM Microdose line of products is expanding into California’s legal cannabis market. The company’s cannabis-infused products will be manufactured by Verde Natural, a cultivator and processor of marijuana products based in Colorado and California. Verde Natural also has a... Read more
(A version of this story appears at MJBizDaily.com.) A new hemp law in Washington state has marijuana growers concerned about the potential of cross-pollination from hemp fields, which could prove disastrous to their bottom line if it occurs. Legislation expanding hemp opportunities was recently signed into law by Gov. Jay Inslee in... Read more
A key Senate committee met on Tuesday to discuss legislative fixes that would allow banks to service state-legal marijuana businesses without the risk of being penalized by federal financial regulators, and the chair of the panel concluded that “a case has been made pretty strongly here” that the issue... Read more
A key Senate committee met on Tuesday to discuss legislative fixes that would allow banks to service state-legal marijuana businesses without the risk of being penalized by federal financial regulators, and the chair of the panel concluded that “a case has been made pretty strongly here” that the issue... Read more
Green Growth Brands Announces Bought Deal Public Offering of Units COLUMBUS, OH, July 23, 2019 /CNW/ – Green Growth Brands Inc. (CSE:GGB) (OTCQB:GGBXF) (the “Company” or “GGB”) announced today that it has entered into an agreement with a group of investment dealers, led by Canaccord Genuity Corp. (the “Underwriters”),... Read more
WARNING LETTER VIA OVERNIGHT DELIVERYRETURN RECEIPT REQUESTED RE: 579289 July 22, 2019 Dear Joseph Lusardi: This letter is to advise you that the U.S. Food and Drug Administration (FDA) reviewed your website at the Internet address https://curaleafhemp.com in April and June 2019 and has determined that you take orders there... Read more
Exclusive Interview with Alcanna Vice Chair and CEO James Burns Alcanna has been in the private liquor retail business for years, and now the company is making strides in the cannabis business through its Nova Cannabis brand. Vice Chair and CEO James Burns spoke with New Cannabis Ventures about... Read more
The University of the Sciences in Philadelphia announced last week that it would begin offering a Master of Business Administration degree program focusing on the cannabis industry. The university is currently enrolling students in the Cannabis Industry Option MBA in Pharmaceutical and Healthcare Business program and will begin conducting... Read more
