The Valens Company Secures CAD$40 Million Term Loan Non-dilutive debt capital provides Valens with greater flexibility in its growth strategy in Canada and United States KELOWNA, BC, Dec. 16, 2021 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, announces that it has... Read more
Pfizer Inc., one of the trifecta pharmaceutical companies manufacturing COVID-19 vaccines, is acquiring another large pharma company that is conduction clinical trials on a variety of drugs, including one that is examining the efficacy of cannabinoids. Pfizer Inc. announced the planned acquisition of Arena Pharmaceuticals, Inc. on December 13.... Read more
Japanese video game powerhouse Capcom revealed last week that it is lending its hit character Ace Attorney to a campaign designed to prevent cannabis use by young people. The company announced on Thursday that characters from the popular video game series will be enlisted to fight youth cannabis use... Read more
In a sign that things are absolutely at a tipping point in Europe, the Mediterranean island of Malta became the first country in both Europe and the European Union (EU) to legalize recreational cannabis cultivation, possession and use. Luxembourg announced similar plans (and a similar model) about a month... Read more
Canopy Growth Divests Pharmaceutical C3 Cannabinoid Compound Company Sale supports the Company’s strategic focus on driving demand for cannabis and cannabinoid-based consumer products SMITHS FALLS, ON and NEUMARKT-IN-DER-OBERPFALZ, Germany, Dec. 15, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC)has entered into an agreement to divest its subsidiary... Read more
HEXO Reports First Quarter 2022 Results and Launches New Strategic Plan, “The Path Forward” to Solidify its Position as Canada’s Leading Cannabis Company This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf... Read more
Innovative Industrial Properties Acquires 100% Leased Portfolio of 27 Properties in Colorado, Pennsylvania and North Dakota IIP’s Portfolio Now Spans 103 Properties Consisting of 7.7 Million Rentable Square Feet Across 19 States SAN DIEGO, December 14, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company... Read more
The Economic Affairs Interim Committee, comprised of members of the state Senate and state House, convened on Monday, where lawmakers passed five changes to help resolve issues with the state’s cannabis industry, which were proposed by the Montana Department of Revenue. Montana was one of four states last year... Read more
For the most part, South Dakota voters are on board with their governor. Large majorities approve of her overall job performance, as well as her handling of the state’s economy and approach to the COVID-19 pandemic. But when it comes to Kristi Noem’s handling of cannabis legalization in the... Read more
St. Louis Mayor Tishaura O. Jones signed a cannabis decriminalization ordinance this week, saying the measure will help address racial disparities in the city’s enforcement of cannabis prohibition laws. Jones approved the measure, which was passed by the Board of Alderman last month, at a signing ceremony held at... Read more
