Trending Stories

Police Looking for Thief Who Stole From Chicago Airport Cannabis Amnesty Box

Featured Illinois Trending Stories January 25, 2020 0

When Chicago police installed so-called “cannabis amnesty boxes” in the city’s airports earlier this month, the idea was to provide a safe repository for travelers to dump their weed. But in that, one apparent thief saw an opportunity. Authorities in the Windy City said this week that someone snatched... Read more

Chicago Shop Owner Gets Prison Sentence For Selling K2 Laced With Rat Poison

Featured Trending Stories January 25, 2020 0

Convenience store owner Fouad Masoud, owner of the King Mini Mart on South Kedzie Avenue on the west side of Chicago, will spend the next seven years in prison for selling K2 laced with rat poison. Prosecutors had fought for a sentence of 10 years, citing Masoud’s admission to... Read more

In Light of Legalization, Chicago Housing Authority Revises Policy on Cannabis Use

Featured Trending Stories January 25, 2020 0

The board of commissioners of the Chicago Housing Authority voted on Tuesday to approve a new policy to help protect residents from being evicted for using cannabis. The board’s action revises an announcement from the agency last year that warned to end assistance for those found in possession of... Read more

Big Pharma Exec Sentenced to Over Five Years in Prison For Role in Opioid Crisis

Featured Trending Stories January 25, 2020 0

“He was already a billionaire when this started, and this made him even richer,” said Assistant U.S. Attorney Nathaniel Yeager at big pharma drug dealer John Kapoor’s trial. On Thursday, the Insys Therapeutics founder saw the price of that greed. After pleading not guilty, Kapoor was convicted of orchestrating... Read more

Aphria Lands $100 Million Investment From Single Institutional Investor

Featured Trending Stories January 24, 2020 0

Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor Further Strengthening Aphria’s Cash Balance Pro Forma to Nearly $600 million¹ Company Also Provides Corporate Updates LEAMINGTON, ON, Jan. 24, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA) today... Read more

Five Critical Success Factors to Close Cannabis Mergers and Acquisitions

Featured Trending Stories January 24, 2020 0

Guest post by Erik Ott, Partner at KO Acquisitions The latest news on cannabis M&A transactions in the US might make one wonder if more deals are falling apart than are closing. In Q4 2019, over US$1 billion in M&A deals were terminated by Multi-State Operators (MSOs), including: Cresco... Read more

MediPharm Labs Sues Unnamed LP for $9.8 Million Seeking Payment for Cannabis Oil Agreement

Featured Trending Stories January 24, 2020 0

MediPharm Labs Files Statement of Claim BARRIE, Ontario, Jan. 24, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) today announced that its wholly owned subsidiary, MediPharm Labs Inc., has filed a statement of claim (the “Claim”) in the Ontario... Read more

Detroit Officials May Stall Adult-Use Pot Businesses Amidst Increase in Violence

Featured Michigan Trending Stories January 24, 2020 0

A city council member has proposed that Detroit extend its decision to temporarily opt-out of Michigan’s newly legal recreational cannabis market while a plan to ensure local participation in the industry is created. The proposed ordinance, introduced by Councilman James Tate at a meeting of the council on Monday,... Read more

Cherokee Nation Will No Longer Demand THC Abstinence From Employees

Featured Oklahoma Trending Stories January 24, 2020 0

“Landscapes are changing, and the Cherokee Nation needed to modernize its HR policies to reflect those changes,” said Principal Chief Chuck Hoskin Jr. in a January 15 press release. The communication was meant to inform the public that Hoskin’s tribal association would be leaving space for its employees to... Read more

Vermont Lawmaker Introduces Bill to Decriminalize Psychedelics and Kratom

Featured Trending Stories Vermont January 24, 2020 0

A Vermont lawmaker wants to relax the laws surrounding psychedelics. In a bill introduced Wednesday, state Rep. Brian Cina took the first step toward decriminalizing psilocybin, peyote, ayahuasca and kratom, with the legislation alluding to them as “certain drugs commonly used for medicinal, spiritual, religious, or entheogenic purposes.” The... Read more