The young mayor of a Massachusetts town is in big trouble after federal agents announced on Friday that they were bringing charges of bribery, extortion, wire fraud, and filing false tax returns against him in connection with gouging marijuana entrepreneurs looking to open businesses in his town. The crazy... Read more
If you’re counting down the 2020 presidential election, today marks an important milestone on the campaign trail, with 420 days left until it’s time to cast your ballot. And if, like many Americans, you’re making marijuana policy reform a priority next year, as in finally making marijuana legal across... Read more
Cannabis industry professionals from around the world will focus on the evolving market for legal marijuana when CanEx Jamaica Business Conference and Expo 2019 comes ashore at Montego Bay on September 26 through 28. Billed as the premier business-to-business conference in Latin America and the Caribbean, CanEx Jamaica brings... Read more
Aurora Cannabis Closes Expanded C$360 Million (US$280 Million) Credit Facility EDMONTON, Sept. 9, 2019 /CNW/ – Aurora Cannabis Inc. (“Aurora or the “Company”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, is pleased to announce that it has closed its previously announced amended and... Read more
MedMen Announces Expiration of HSR Waiting Period for Proposed Acquisition of PharmaCann Expiration of HSR waiting period moves the transaction one step closer to completion Combined company would be licensed for 92 retail stores, of which 38 are operational today, across 12 states Transaction is expected to be complete... Read more
Canada has a 20-year head start on the United States in growing and processing hemp. But Canada’s acreage shrank in 2018 as the nation lagged behind its southern neighbor in developing a market for hemp extracts such as CBD, according to a new report from the U.S. Department of Agriculture... Read more
Tilray, Inc. and Privateer Holdings, Inc. Sign Definitive Agreement to Extend Lock-up and Provide for Orderly Distribution of 75 Million Tilray Shares Held by Privateer 77 Percent of Tilray’s Total Shares Outstanding to be Released Over Extended Two-Year Lock-up Transaction to be Non-Dilutive for Tilray and Expected to be... Read more
Medicine Man Technologies to Acquire an Additional Four Dispensaries from an Established Retailer – Largest Transaction in Company History – This group of four dispensaries is expected to have EBITDA margins of 35% in 2019 and will be among the most profitable retail locations in the Company’s portfolio, upon... Read more
Government workers in Washington, D.C. cannot be punished simply because they’re medical marijuana patients under a local law that was enacted on Wednesday. The legislation, which must still undergo a standard 30-day congressional review before taking effect, stipulates that a “public employer may not refuse to hire, terminate from... Read more
A coalition of more than 100 civil rights groups—including ACLU, NAACP, National Education Association and National Organization for Women—released a criminal justice reform platform for the 2020 elections on Thursday that calls for the legalization of marijuana and supports the “dismantling” of the criminalization of other drugs. As part... Read more
