Columbia Care Announces Second Tranche of Debt Financing, Raising Over US$54.0 Million in Aggregate Incremental US$15.7 Million in Senior Secured Convertible Notes and Additional US$4.0 Million in Senior Secured Term Debt Will Exceed US$50.0 Million Target When Combined with First $34.4 Million Tranche Additional Capital Enhances Company’s Cash Position... Read more

How These Two Pot Stocks Could Impact The Cannabis Industry While most…

The post Two Marijuana Stocks With Big Potential appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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2020 Outlook: Licensed U.S. hemp acreage falls 9% from 2019, but grower numbers increase 27%
U.S. farmers are planting less hemp than they did last year due to regulatory uncertainty, a surplus of hemp flower and biomass held over from 2019 and continuously falling wholesale prices. As of Thursday, licensed total hemp acreage to date has reached 465,787 acres for the 2020 production season,... Read more
Kansas City may become the latest major American city to significantly relax its marijuana laws, after the mayor and members of the city council there introduced a new ordinance this week.  Under the proposal, possession and control of cannabis would no longer constitute a violation under city ordinance. The... Read more
The Pennsylvania Supreme Court on Thursday struck down a Lebanon County policy that banned the use of medical marijuana by those on probation or parole, even if they have a state-issued identification card authorizing them to do so. The unanimous decision was handed down by the court on Thursday... Read more
Today, New Jersey state lawmakers voted on a proposal to decriminalize cannabis in their state. The bill passed the New Jersey Assembly and would be a major step towards stopping cannabis arrests in the community. If this bill becomes law, residents will be allowed to have up to two... Read more
MediPharm Labs Reports First Quarter 2020 Results, Clears Path for International Growth BARRIE, Ontario, June 18, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, today announced its... Read more
Charlotte’s Web Closes C$77,625,000 Underwritten Public Offering BOULDER, Colo., June 18, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announces today that it has closed its previously announced underwritten public offering for aggregate... Read more

  Can These Two Pot Stocks to Watch See Gains Throughout 2020?…

The post Two Marijuana Stocks That Could be Covid-Proof appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Class-action suits rise against CBD companies, experts stress forthright disclosures
Hemp-derived CBD companies increasingly face class-action claims by consumers and stockholders, driven by industry growth, product claims, regulatory uncertainties and preventable mistakes by the companies themselves. Companies can reduce their exposure by being more transparent and forthright when disclosing their financials, the potential of their products and other relevant... Read more
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