Aurora Cannabis CEO Terry Booth Retires as Company Amends Credit Facility
FeaturedTrending Stories February 7, 2020 0
Aurora Cannabis Announces CEO Retirement and Succession, Board of Directors Expansion, and Business Transformation Plan Releases Preliminary Results for the Second Fiscal Quarter Ended December 31, 2019 Aurora Cannabis Founder & CEO, Terry Booth, announces retirement and succession plan and expansion of the Board of Directors Executive Chairman Michael... Read more
Acreage Holdings Raises $30 Million Through Unit Sale at $4.93 and Accesses $150 Million Debt Capital
FeaturedTrending Stories February 7, 2020 0
Acreage Announces Comprehensive Financing Transactions NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated cannabis operators in the U.S., today announced it entered into agreements in respect of the following financing transactions... Read more
Governor of Connecticut Reigniting Push For Marijuana Legalization
ConnecticutFeaturedTrending Stories February 6, 2020 0
A proposal to legalize marijuana in Connecticut went up in smoke last year, but legislative advocates—including the state’s governor—are ready to give it another go. In his state of the state address Wednesday, Gov. Ned Lamont said that ending the prohibition on pot represents “an opportunity to right the... Read more
Mexican Pot Activists Invite All to a Semi-Permanent Action in Front of the Senate
FeaturedTrending Stories February 6, 2020 0
Dirt flew through the air in front of the country’s Senate building in Mexico City. On Sunday, cannabis activists set up camp in full view of their elected officials to remind them of their responsibility to legalize the drug — and they brought their plants along with them. Mexican marijuana... Read more
Residents of the nation’s capital could have the chance to decriminalize magic mushrooms if a proposed initiative makes its way to November’s ballot. On Wednesday, the Washington, D.C. Board of Elections decided that the proposal, the Entheogenic Plant and Fungus Policy Act of 2020, could be placed on the... Read more
KushCo Holdings Raises $16 million with Unit Sale at $1.60
FeaturedTrending Stories February 6, 2020 0
KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering CYPRESS, CA / ACCESSWIRE / February 6, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (“KushCo” or the “Company”), today announced it has entered into definitive agreements with investors for the purchase and sale of 10,000,000 units, with each unit consisting of... Read more
Poll Shows Majority of Kentucky Residents in Favor of Legal Cannabis
FeaturedKentuckyTrending Stories February 6, 2020 0
Kentucky lawmakers are considering whether to pursue medical marijuana. A new poll suggests that the people in the state are more than ready. The survey, conducted on behalf of Foundation for a Healthy Kentucky, a nonprofit in the state, found that a staggering nine in 10 of adults there... Read more
Las Cruces City Council Votes to Support Cannabis Legalization in New Mexico
FeaturedNew MexicoTrending Stories February 6, 2020 0
City leaders in Las Cruces, New Mexico voted to back efforts to legalize marijuana in the state, putting their support behind a bill now making its way through the legislature. The Las Cruces City Council passed a non-binding resolution supporting the bill by a vote of 6 to 1... Read more
R.I. Lawmakers Stand Down In Dispute With Governor Over Medical Marijuana Laws
FeaturedRhode IslandTrending Stories February 6, 2020 0
A standoff in Rhode Island over the state’s medical marijuana industry came to an end this week, with legislators ultimately acquiescing to the state’s governor. Identical bills passed Tuesday in the Rhode Island Senate and House of Representatives in which the lawmakers agreed to relinquish power they bestowed upon... Read more
Minnesota Lawmakers Gear Up Again For Cannabis Legalization
FeaturedMinnesotaTrending Stories February 6, 2020 0
It might take awhile for Minnesota to pass its cannabis legalization proposal, but when it does it should be a good one. House Majority Leader Ryan Winkler has promised “the best legalization bill in the country to date,” and says that its architects are learning from the successes and... Read more