Canopy Growth Announces Upsized US$35 Million Private Placement SMITHS FALLS, ON, Jan. 18, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the “Subscription Agreements”), dated as of January 18, 2024, with certain institutional... Read more
After hitting a brief snag late last year, a bill approved by Ukraine’s unicameral legislature in December to legalize medical cannabis in the country appears to be back on track. The delay occurred when the opposing Batkivshchyna (Fatherland) party and its leader, Yulia Tymoshenko, announced the party’s intention to... Read more
The National Collegiate Athletic Association (NCAA)—the organization that administers intercollegiate athletics in the U.S.—is making drastic changes to its drug policy for cannabis. Changes were announced at the 2024 NCAA Convention that took place on Jan. 10-13, in Phoenix, Arizona. NCAA Division I proposed ending the practice of drug... Read more
On Jan. 16, the California Unified Cannabis Enforcement Taskforce (UCETF) released its first annual report of money, illegal cannabis plants/products, and firearms obtained in its seizure operations last year. In total for 2023, which was the UCETF’s first full year of operation, the task force stated that it has... Read more
New York City’s overdose prevention centers saved hundreds of lives in a single year of operation, according to a recent report. The findings of the baseline report from OnPoint, the operator of two centers in New York City, show that staff intervened 636 times in the year studied, averting... Read more
While Arkansas approved its medical cannabis initiative back in 2016, there are still a number of limitations when compared to other states that have made similar moves. For example, patients can only purchase up to 2.5 ounces of medical cannabis in a 14-day period, patients under 21 cannot consume... Read more
Tens of thousands of people are wrongfully arrested for crimes based on a false positive result from a field drug test each year, according to a recent study by researchers at the University of Pennsylvania. The research, which analyzed data available from public agencies across the country, found that... Read more
Two Tasmanian hemp business owners are founders and operators of the island state’s hemp processing operations. Andi Lucas of the hemp processing facility X-Hemp and Tim Crow of Hemp Harvests proudly embrace the benefits of hemp, but in a recent interview with ABC News, both of them expressed the... Read more
