Glass House Brands to Acquire PLUS, a Leading California Edibles Brand Strengthens Consumer Brand Portfolio with Leading California Cannabis Edibles Manufacturer LONG BEACH, Calif. and TORONTO, Dec. 20, 2021 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one... Read more
Australia’s medical regulator on Wednesday rejected a bid to approve psychedelics for therapeutic use, saying the risks of the drugs outweigh the potential mental health benefits. In a final decision from the Therapeutic Goods Administration (TGA), the agency declined to approve an application to amend Australia’s poison standards by... Read more
The top official overseeing Illinois’ cannabis policy is leaving the public sector to join the weed lobby.  Toi Hutchinson, who has served as a senior adviser to Illinois Governor J.B. Pritzker for cannabis control, announced this week that she will be taking a job with the Marijuana Policy Project... Read more
Big pharma’s moment of reckoning for roles in the opioid crisis began to unravel recently. On November 24, 2020, opioid maker Purdue Pharma LP pleaded guilty to fraud and kickback conspiracies amid a flurry of litigation over its role in the opioid epidemic. Purdue Pharma pitched a massive bankruptcy... Read more
Waitr Enters into Letter of Intent to Acquire a Dispensary Compliance POS Company LAFAYETTE, La., December 17, 2021–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, today announced the Company has entered into a non-binding letter of intent (“LOI”) to... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Malta moved to become the first European country to legalize cannabis for adult-use. 420 Investor model portfolios have returned -22.1% to 17.3% year-to-date, while the Global... Read more
Most financial leaders in cannabis don’t trust the Biden administration, new data suggests. On December 14, GreenGrowth CPAs announced the cannabis industry’s first 2021 Cannabis CFO Survey—a 22-page analysis containing business and market outlook data from over 75 cannabis industry CFOs, CEOs, founders, controllers and other financial roles in... Read more
Lawmakers in Ohio on Wednesday passed a bill that would result in the first significant change to the state’s medical cannabis program since it launched in 2016, effectively empowering doctors to recommend cannabis for just about any condition.  Senate Bill 261 passed out of the chamber, and will now... Read more
Exclusive Interview with Humble and Fume CEO Joel Toguri Humble & Fume (CSE: HMBL) (OTCQX: HUMBF) distributes cannabis and cannabis accessories in Canada and cannabis accessories in the U.S., but that is about to change. A new partnership and investment will help the company to launch cannabis distribution in... Read more
Acreage Holdings Secures $150 Million Credit Facility to Accelerate Strategic Growth Initiatives NEW YORK, Dec. 16, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis ‎cultivation and retail facilities in the U.S., today announced it has secured... Read more
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