TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing Non-dilutive financing to strengthen balance sheet and fund growth initiatives TORONTO, Oct. 12, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced that its New Jersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC,... Read more
Exclusive Interview with Planet 13 Co-CEOs Bob Groesbeck and Larry Scheffler  Planet 13 (CSE: PLTH) (OTCQX: PLNHF) Co-CEOs Larry Scheffler and Bob Groesbeck last spoke to New Cannabis Ventures in March. Since then, the company has been navigating the tough economic environment. It has been able to maintain its... Read more
Vice President Kamala Harris on Saturday touted President Joe Biden’s decision to grant mass federal marijuana pardons, ending her months-long hiatus from publicly speaking on cannabis policy issues. The vice president, who like Biden campaigned on marijuana reform but has generally avoided addressing the topic since taking office, briefly... Read more
Sen. Cory Booker (D-NJ) cheered President Joe Biden’s move to issue federal marijuana pardons in a new interview, but he says there’s “more that we can do” to address the drug war and he’s “very hopeful” that additional reform can be enacted before the end of this Congress. The... Read more
Taking a cue from President Joe Biden, North Carolina Gov. Roy Cooper on Friday urged state lawmakers to decriminalize marijuana. “Conviction of simple possession can mar people’s records for life and maybe even prevent them from getting a job,” Cooper, a Democrat, said during a task force meeting on... Read more
United Kingdom Home Secretary Suella Braverman is considering assigning a stricter classification of cannabis under the nation’s drug laws over concerns that marijuana is a gateway drug and can lead to serious health problems. Braverman’s review follows recent calls from fellow law enforcement leaders to reclassify cannabis as a... Read more
Bill Richardson, the former governor and diplomat, expressed confidence on Sunday that American basketball star Brittney Griner will be released from Russian custody before the end of the year. In an interview on CNN, Richardson said he is “cautiously optimistic” about the release of both Griner and Paul Whelan,... Read more
Two GOP congressmen are asking President Joe Biden to promptly address “discriminatory” federal marijuana enforcement issues in tribal territories, imploring him to direct the relevant agencies to prioritize more serious crimes like human trafficking and respect tribal sovereignty instead of going after cannabis. Reps. Dave Joyce (R-OH) and Brian... Read more
Here’s Why These Marijuana Stocks Should Be On Watch
A bill to legalize psychedelics in New York has been significantly revised, with new provisions to allow for the possession, gifting and sanctioned use of natural plants and fungi in ceremonial and therapeutic settings for adults 21 and older. The amended legislation from Assemblymember Linda Rosenthal (D) was filed... Read more
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