Trichome Financial To Acquire James E. Wagner Through Restructuring Process Premium indoor cannabis cultivation assets acquired free of all liabilities Trichome estimates pro-forma forward twelve-month EBITDA of $10 million with no additional capital spend Total acquisition cost of $13 million or less than 1.5x Trichome’s estimate of pro forma... Read more
Maine’s Education Department announced this month that it is no longer eligible for certain federal funds to support mental health programs in schools because the state allows students to access medical marijuana. The Substance Abuse and Mental Health Services Administration (SAMHSA) quietly rolled out a new policy last year... Read more
Maine’s Education Department announced this month that it is no longer eligible for certain federal funds to support mental health programs in schools because the state allows students to access medical marijuana. The Substance Abuse and Mental Health Services Administration (SAMHSA) quietly rolled out a new policy last year... Read more
Maine’s Education Department announced this month that it is no longer eligible for certain federal funds to support mental health programs in schools because the state allows students to access medical marijuana. The Substance Abuse and Mental Health Services Administration (SAMHSA) quietly rolled out a new policy last year... Read more
After being denied “essential business” status that could have kept them open during the coronavirus pandemic, Massachusetts’ recreational pot shops are about to re-open. For delivery anyway. Massachusetts’ Republican Gov. Charlie Baker on Monday detailed a plan to reopen the state, which includes the adult-use marijuana stores that have... Read more
Louisiana’s medical marijuana program is closer to undergoing a significant expansion after lawmakers there last week advanced a pair of bills. Each measure, both of which were sponsored by state Rep. Larry Bagley, a Republican, passed the Louisiana House of Representatives on Friday, as reported by the Livingston Parish... Read more
Members of Red Lake Nation in Minnesota are voting on medical cannabis legalization this Wednesday. If they approve it, they will be the only tribe in the state with a medical cannabis program that allows flower, or smokable cannabis, as well as other options. Statewide, Minnesota has legal medical... Read more
This current marijuana stocks rally has a different feel to it, mainly because the once darling of the cannabis industry Aurora Cannabis’s (NYSE: ACB) has actually begun to have a hard bull rally since doing a 12-1 reverse split last Monday (5/11/2020).
HEXO Corp. Announces Early Conversion Option for Debentures OTTAWA, May 18, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that holders of $29.86 million aggregate principal amount of the Company’s 8% unsecured convertible debentures maturing December 5, 2022 (the “Debentures”) have... Read more