A Mississippi voter initiative that would legalize marijuana for medicinal purposes is receiving the wrath of Phil Bryant, the state’s former Republican governor who left the statehouse in January after being forced out by term limits. In a self-published op-ed replete with passages in all-caps and paragraphs that rarely... Read more
Illinois social justice advocates and cannabis applicants alike are speaking up, claiming that the lottery system used to determine cannabis license holders in the state does not give fair opportunities to marginalized groups looking for a seat at the table. As it stands now, the lottery system would determine... Read more
Aurora Cannabis Provides Business Updates and Announces New CEO Appoints Miguel Martin as Chief Executive Officer Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020 Secures... Read more
Village Farms International to Acquire All Pure Sunfarms’ Shares it Does Not Currently Own – Will Own 100% of Canada’s Premier Cannabis Supplier Upon Completion of Transaction VANCOUVER, BC, Sept. 8, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced... Read more
Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis Total Purchase Price of $69 Million Comprised of: $12 Million – $17 Million in Self-Funded Cash via Simultaneous Sale Leaseback of Project Cannabis’ Real Estate Assets to 3rd Party; and, $52 Million – $57 Million in Columbia Care stock... Read more
U.S. hemp producers are alarmed about a Drug Enforcement Administration rule that they argue would make extracts a Schedule 1 controlled substance during a portion of the extraction process when the plant’s THC levels spike above what’s allowed. The rule released last month has the industry reeling and wondering... Read more
A pair of congressmen on Friday introduced bipartisan legislation to allow cannabidiol (CBD) and other hemp-derived compounds to be marketed and sold as dietary supplements—a change that could clear up legal confusion at retailers across the country. The proposal, sponsored by Reps. Kurt Schrader (D-OR) and Morgan Griffith (R-VA),... Read more
A pair of congressmen on Friday introduced bipartisan legislation to allow cannabidiol (CBD) and other hemp-derived compounds to be marketed and sold as dietary supplements—a change that could clear up legal confusion at retailers across the country. The proposal, sponsored by Reps. Kurt Schrader (D-OR) and Morgan Griffith (R-VA),... Read more
Pakistan made a bold move when they decided to allow commercial, domestic, medical cannabis and hemp production within the nation. The hemp, at least for now, will be grown at an Herbal Medicine Park based in Jhelum. “Cabinet has approved the first license for @MinistryofST and PCSIR [Pakistan Council... Read more
