High Tide Closes $19 Million Non-Dilutive Credit Facility with connectFirst Credit Union This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated April 22, 2021 CALGARY, AB, Sept. 19, 2022 /PRNewswire/... Read more
Red White & Bloom Announces Restructuring of Over CDN $110 Million of Debentures and Management Changes Appointment of Colby De Zen as President and Director of Red White & Bloom Brands Inc. effective immediately; Gabriel Bianchi to Join the Board of Directors upon completion of regulatory requirements; An Aggregate... Read more
Aurora Cannabis Announces Fiscal 2022 Fourth Quarter and Full Year Results Remains #1 Canadian LP in High Margin Global Medical Cannabis Revenues; International Medical Cannabis Net Revenue Increased 35.4% from Q4 2021 and 70.3% from Fiscal 2021 Reiterates Adjusted EBITDA Profitability Run Rate by December 31, 2022 Reaffirms $150 to $170 Million in Annualized... Read more
Nearly two-thirds of U.S. voters support legislation to allow the banking industry to provide financial services to legal cannabis businesses, according to the results of a recent poll. The survey commissioned by the Independent Community Bankers of America (ICBA) also found that a strong majority believe that allowing cannabis... Read more
Planned inspections of Washington, D.C.’s unlicensed cannabis retailers have reportedly been delayed. The inspections, which were announced last month by the city’s Alcoholic Beverage Regulation Administration, were designed to ensure the businesses “abide by the regulatory requirements of DC Health, the Department of Consumer and Regulatory Affairs (DCRA), the... Read more
The Brooklyn District Attorney’s Office will vacate hundreds of convictions that were secured based on testimony from corrupt cops, including NYPD narcotics officers who planted drugs on innocent suspects. Prosecutors appeared in court on Wednesday to request dismissals in 47 felony cases, and have plans to visit the Brooklyn... Read more
It has been a long time coming, but Vermont is poised to finally enjoy cannabis legalization, and retailers are getting ready to be able to join the thriving new industry. The Cannabis Control Board is gearing up to start giving out licenses beginning October 1, a date that is... Read more
Thousands of cannabis entrepreneurs and activists are expected to descend upon Chicago next week for the Benzinga Cannabis Capital Conference. The two-day event kicks off on September 13 at the Palmer House Hilton, where attendees will be given an opportunity to broaden their network and listen to a who’s-who... Read more
The United Kingdom has a new leader. And one of the government’s first acts under Prime Minister Liz Truss was to refuse to give formal permission to allow Bermuda to enact a law to legalize and regulate marijuana—despite reports that Truss herself previously supported legalizing cannabis. This is a... Read more
The Justice Department’s request to dismiss a lawsuit over the federal ban on medical marijuana patients’ firearms rights is rife with contradictions and represents an “insulting, illogical, and ahistorical” legal perspective, a new motion from attorneys representing Florida’s agriculture commissioner and medical cannabis patients says. DOJ filed its motion... Read more
