As Maine inches closer to finally fulfilling the voters’ desire to bring legalized recreational marijuana to the state, Tuesday represents a significant milestone. That is when Maine’s Office of Marijuana Policy intends to begin issuing the first active licenses to recreational cannabis businesses. The office said last month that... Read more
A Mississippi voter initiative that would legalize marijuana for medicinal purposes is receiving the wrath of Phil Bryant, the state’s former Republican governor who left the statehouse in January after being forced out by term limits. In a self-published op-ed replete with passages in all-caps and paragraphs that rarely... Read more
Illinois social justice advocates and cannabis applicants alike are speaking up, claiming that the lottery system used to determine cannabis license holders in the state does not give fair opportunities to marginalized groups looking for a seat at the table. As it stands now, the lottery system would determine... Read more
Aurora Cannabis Provides Business Updates and Announces New CEO Appoints Miguel Martin as Chief Executive Officer Expects Fiscal Q4 2020 Net Revenue Between $70 and $72 Million, Including $66 to $68 Million Cannabis Net Revenue To Record Up to $1.8 Billion in Goodwill Impairment Charges in Q4 2020 Secures... Read more
Village Farms International to Acquire All Pure Sunfarms’ Shares it Does Not Currently Own – Will Own 100% of Canada’s Premier Cannabis Supplier Upon Completion of Transaction VANCOUVER, BC, Sept. 8, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced... Read more
Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis Total Purchase Price of $69 Million Comprised of: $12 Million – $17 Million in Self-Funded Cash via Simultaneous Sale Leaseback of Project Cannabis’ Real Estate Assets to 3rd Party; and, $52 Million – $57 Million in Columbia Care stock... Read more
Pakistan made a bold move when they decided to allow commercial, domestic, medical cannabis and hemp production within the nation. The hemp, at least for now, will be grown at an Herbal Medicine Park based in Jhelum. “Cabinet has approved the first license for @MinistryofST and PCSIR [Pakistan Council... Read more
People with convictions for minor cannabis offenses and other low-level crimes will have access to services to help them clear their records at free events scheduled to take place across the nation later this month. More than 40 events designed to provide legal aid and related services have been... Read more
Hundreds of small bags of marijuana fell from a drone flying over the Israeli city of Tel Aviv on Thursday afternoon, prompting passersby and others tipped off to the planned drop to scurry into roadways as they collected the illicit cargo from the ground. The pot, packaged in small... Read more
A new study released last week has found that legalizing either medical marijuana or cannabis for recreational use is not associated with an increase in traffic fatalities that involve pedestrians. A report on the study, “An examination of relationships between cannabis legalization and fatal motor vehicle and pedestrian-involved crashes,”... Read more
