TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing Non-dilutive financing to strengthen balance sheet and fund growth initiatives TORONTO, Oct. 12, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced that its New Jersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC,... Read more
Exclusive Interview with Planet 13 Co-CEOs Bob Groesbeck and Larry Scheffler  Planet 13 (CSE: PLTH) (OTCQX: PLNHF) Co-CEOs Larry Scheffler and Bob Groesbeck last spoke to New Cannabis Ventures in March. Since then, the company has been navigating the tough economic environment. It has been able to maintain its... Read more
Taking a cue from President Joe Biden, North Carolina Gov. Roy Cooper on Friday urged state lawmakers to decriminalize marijuana. “Conviction of simple possession can mar people’s records for life and maybe even prevent them from getting a job,” Cooper, a Democrat, said during a task force meeting on... Read more
United Kingdom Home Secretary Suella Braverman is considering assigning a stricter classification of cannabis under the nation’s drug laws over concerns that marijuana is a gateway drug and can lead to serious health problems. Braverman’s review follows recent calls from fellow law enforcement leaders to reclassify cannabis as a... Read more
Bill Richardson, the former governor and diplomat, expressed confidence on Sunday that American basketball star Brittney Griner will be released from Russian custody before the end of the year. In an interview on CNN, Richardson said he is “cautiously optimistic” about the release of both Griner and Paul Whelan,... Read more
The clock may be ticking on 2022, but New York is still on track to open its first recreational marijuana dispensaries by the end of the year. That is according to the state’s Democratic governor, Kathy Hochul, who said Wednesday that she expects the first official cannabis retailers to... Read more
President Joseph Biden’s historic announcement that he would pardon all federal marijuana possession convictions and direct administration officials to study easing restrictions on the drug sent shockwaves across the country on Thursday, with activists, cannabis industry officials, pundits, and policymakers all weighing in on the issue. Biden announced the... Read more
Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry Balance Sheet Remains in Net Cash Position, Further Strengthened with Accretive Debt Reduction EDMONTON, AB, Oct. 7, 2022 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the... Read more
Tilray Brands’ First Quarter Fiscal Year 2023 Performance Affirms Global Cannabis Leadership Reported Net Revenue at $153.2 Million; On a Constant Currency Basis, Net Revenue Remained Strong at $166.5 Million Cannabis Gross Margin Increased to 51% from 43% in the Prior Year Quarter Delivered $108 Million in Annualized Cash... Read more
California Gov. Gavin Newsom is drawing plaudits from drug reform advocates after signing a bill into law last month that will create the option for an alternate plea to individuals facing certain drug convictions. Titled the “Alternate Plea Act,” the law enables prosecutors to offer some defendants who have... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )