Five years after the legalization of cannabis in Washington, D.C., racial bias is still prevalent in arrests for marijuana-related offenses in the nation’s capital, according to an analysis of police records by the Washington Post. Between 2015 and 2019, nearly 90% of those arrested for cannabis-related crimes in Washington,... Read more
‘No one seems to want to move on it:’ Q&A with attorney David Kastin on the future of CBD regulations
The biggest question mark for the global CBD industry right now is not how to market the cannabinoid and what it can do. Instead, the biggest question mark is whether the hemp and marijuana industries will be allowed to show customers what CBD can do. Ongoing legal questions about... Read more
Trulieve Enters 5th State with Two Acquisitions in Pennsylvania, Creating a Vertically Integrated Operation Acquisitions further Trulieve’s mission of being the leading customer-focused cannabis brand in the United States TALLAHASSEE, FL, Sept. 16, 2020 /PRNewswire/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading... Read more
Trulieve Announces Underwritten Offering of Subordinate Voting Shares TALLAHASSEE, Fla., Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced that it has entered into an agreement with Canaccord Genuity Corp.... Read more
MedMen Announces US$20 Million Financing Commitments – Designated News Release LOS ANGELES, September 16, 2020–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced financing commitments totaling over US$20,000,000 from existing lenders and institutional investors. The... Read more
As CBD virtual launches become new normal, cannabis industry players offer best practices
Journalists try Color Up’s CBD skincare products at a virtual launch event (photo courtesy Debra Locker). Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that... Read more
VIVO Cannabis™ Announces Agreement to Amend Outstanding Debentures TORONTO, Sept. 16, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO) (“VIVO” or the “Company”) announces that the holders of its 6% unsecured convertible debentures dated February 28, 2018 (each, a “Debenture” and collectively, the “Debentures”), due on February 28, 2021, have approved certain amendments to the Debentures by... Read more
High Tide Reports Third Quarter 2020 Financial Results Featuring $2.1 Million of Operating Income CALGARY, AB, Sept. 16, 2020 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is... Read more
PharmHouse Pursues Formal Restructuring Joint venture seeks creditor protection while it restructures its business, financial obligations Canopy Rivers to provide up to $7.2 million in interim DIP financing TORONTO, Sept. 16, 2020 /PRNewswire/ – Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSX: RIV) (OTC: CNPOF) announces that PharmHouse... Read more
Marijuana reform advocates are getting concerned as rumors about the potential cancellation of a cannabis legalization vote on the House floor that’s been planned for next week continue to circulate and expand. And they didn’t get much peace of mind when House Majority Leader Steny Hoyer (D-MD) on Tuesday... Read more
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