On the heels of a historic triumph for the legalization movement at the ballot box earlier this month, one Texas lawmaker is keen to get in on the action. Roland Gutierrez, a Democratic state House representative who was just elected to the Texas state senate, said this week that... Read more
Less than a week after voters in New Jersey resoundingly passed a measure to legalize adult use marijuana, lawmakers in the state moved forward on plans to implement the new law. A pair of related bills passed out of two separate legislative committees on Monday, the Senate Judiciary and... Read more
Hemp group eyes Chinese, EU markets after securing USDA funding for overseas marketing
The National Industrial Hemp Council has set its sights on Asian and European hemp markets after it says it was allocated $200,000 from the U.S. Department of Agriculture to promote U.S. hemp products abroad. Kevin Latner, the NIHC’s senior vice president for trade, told Hemp Industry Daily that the... Read more
Advanced Flower Capital Provides $22 Million Secured Credit Facility to Organic Remedies, Inc. and Toigo Organic Farms, LLC to Fund Expansion Within Pennsylvania WEST PALM BEACH, Fla., Nov. 10, 2020 /PRNewswire/ — AFC Management, LLC (“AFC Management”) announced today that an affiliate, AFC Gamma, Inc. (“AFC”), has funded a... Read more
Harvest Health & Recreation Inc. Reports Third Quarter 2020 Financial Results Third quarter revenue was $61.6 million, up 86% from the third quarter 2019 and 11% sequentially Third quarter adjusted EBITDA was $10.5 million, compared to $4.1 million in the second quarter of 2020 2020 revenue target increased to... Read more
Aurora Cannabis Announces Proposed Public Offering EDMONTON, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it will be filing a preliminary prospectus supplement (the “Preliminary Supplement”) to... Read more
On the heels of five U.S. states voting to legalize marijuana in some form last week, lawmakers in Texas are getting a head start introducing a number of cannabis-related bills for next year, including one that would legalize it for adult use. The legalization bill is one of at... Read more
On the heels of five U.S. states voting to legalize marijuana in some form last week, lawmakers in Texas are getting a head start introducing a number of cannabis-related bills for next year, including one that would legalize it for adult use. The legalization bill is one of at... Read more
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