HEXO Corp reports third quarter 2019 financial results Key highlights of third quarter of 2019 fiscal year HEXO remains on-track ramping up to $400 million net revenue in fiscal 2020 and to double net revenue in Q4 fiscal 2019 Entered a syndicated credit facility with CIBC and BMO for... Read more
Green Growth Brands continues to deliver on its rapid expansion strategy, targeting over 200 shops in operation by the end 2019 COLUMBUS, June 12, 2019 /PRNewswire/ – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (“GGB” or “the Company”) today announced that it has surpassed 50 Seventh Sense Botanical... Read more
MTech Acquisition Corp. and MJ Freeway LLC Provide Private Placement Update Participants Include Khitan Capital, Cresco Capital Partners II, LLC, and The London Fund NEW YORK, June 12, 2019 (GLOBE NEWSWIRE) — MTech Acquisition Corp. (NASDAQ: MTEC, MTECU, MTECW) (“MTech”), the first US-listed Special Purpose Acquisition Company (SPAC) focused... Read more
Marijuana reform advocates scored two victories on Tuesday after a key congressional committee approved a spending bill that included a cannabis banking provision and excluded another rider that previously impeded legalization in the nation’s capital. The moves came in spite of impassioned objections from a handful of Republican lawmakers.... Read more
Marijuana reform advocates scored two victories on Tuesday after a key congressional committee approved a spending bill that included a cannabis banking provision and excluded another rider that previously impeded legalization in the nation’s capital. The moves came in spite of impassioned objections from a handful of Republican lawmakers.... Read more
Republican Governor Greg Abbot of Texas signed a bill on Monday that will allow farmers in the state to legally grow hemp. The measure, House Bill 1325 (HB1325), also removes hemp from the state’s list of controlled substances and legalizes cannabidiol, or CBD, and products made with the cannabinoid.... Read more
There is an ongoing battle in Los Angeles over the proliferation of illegal cannabis dispensaries, which many in the legal business community say is cutting sharply into their profits. Since illegal dispensaries don’t have to live up to the same guidelines and tax rates as regulated cannabis shops, they... Read more
In recent years, health professionals and policymakers have become increasingly interested in medical cannabis’s potential to reduce opioid use and prevent overdose deaths. Several states have already added opioid replacement provisions to their medical marijuana programs or approved opioid use disorder as a qualifying condition. At the same time,... Read more
Tuesday’s Top Marijuana Stocks News, Articles & Industry Updates – June 11, 2019

marijuana stocks news updates

We saw a strong sector rally yesterday especially with premarket showing an early gap. This morning we’re seeing that once again several key MJ stocks are jumping during the pre-bell session! It’s time to get started early… Check out today’s top trending articles, now: Leafbuyer Technologies, Inc. (LBUY) Launches Innovative Advertising Solution for CBD Companies […]

The post Tuesday’s Top Marijuana Stocks News, Articles & Industry Updates – June 11, 2019 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Restaurant CBD sales are booming, but new liability concerns keep cannabis producers from cashing in
With U.S. sales of hemp-derived CBD products projected to top $1 billion this year, restaurants and bars are eager to capitalize on growing consumer demand for all things hemp. This was underscored in April when fast-food chain Carl’s Jr. announced that a single Denver location would be selling a... Read more
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