Fire & Flower Enters Into Commitment Letter for up to $10 Million (with an option for an additional $5 Million subject to conditions) in Senior Secured Credit with ATB Financial EDMONTON, April 21, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF... Read more
The Flowr Corporation Announces a CAD $20 million Private Placement led by Insiders & Fourth Quarter Earnings Date Flowr announces non-brokered private placement of convertible debenture units of $20 million, with ability to upsize to an aggregate of $25 million Continued support by management and insiders who commit in... Read more
Patients in Arkansas have bought more than 10,000 pounds of medical marijuana since the new law took effect nearly a year ago. Newly reported figures released this week found that medical cannabis sales eclipsed $63 million in the program’s first 11 months in operation. That also amounts to about... Read more
A 4/20 party in New York City was shut down on Monday by police, who issued dozens of citations to revelers celebrating the cannabis community’s high holiday. Officers were tipped off to the party on the third floor of a Manhattan commercial building by a concerned citizen, a senior... Read more
Danish researchers have created a method to produce the hallucinogenic drug psilocybin that uses yeast instead of magic mushrooms. The new process could lead to mass production of the drug, which has shown promise as a treatment for depression and anxiety. Nick Milne, a researcher with the Novo Nordisk... Read more
Potential cannabis business owners in Los Angeles looking to open new shops are suing the city, claiming the process for applying for a license is “flawed.” The L.A. Times reports that the lawsuit was filed last week by the Social Equity Owners and Workers Association. They are demanding that... Read more
Schwazze, Formerly Known as Medicine Man Technologies, Inc., Announces the Closing of the Mesa Organics Acquisition The Company becomes first publicly traded company to complete transaction under new Colorado HB19-1090 “PubCo” Bill DENVER, April 20, 2020–(BUSINESS WIRE)–Schwazze, formerly known as Medicine Man Technologies Inc. (OTCQX:MDCL) (“Schwazze ” or “the... Read more
While Missouri voters were excited about the chance to vote on recreational cannabis this November, it turns out they will have to wait another year, as medical cannabis won’t be making the ballot. The organization that rallied to try and get cannabis on the ballot, Missourians for a New... Read more
CannTrust (TSX: TRST) (NYSE: CTST), which has been suspended from trading since March 31st on both the Toronto Stock Exchange and the New York Stock Exchange after seeking protection from creditors, stated then that its shares would soon be delisted from both exchanges. On April 9th, the company disclosed... Read more
A Massachusetts judge has upheld Gov. Charlie Baker’s order to close recreational cannabis retailers during the coronavirus pandemic, ruling against adult-use dispensary owners who challenged the closures in court. Suffolk Superior Court Judge Kenneth W. Salinger said in a decision handed down on Thursday that the plaintiffs are unlikely... Read more
