TerrAscend Announces Leadership Changes and Appoints Jason Ackerman Interim CEO Michael Nashat to step down as CEO and remain on Board Move solidifies Company’s emphasis on its rapidly scaling U.S. Retail, Manufacturing, and Distribution Operations TORONTO, Jan. 28, 2020 /CNW/ – TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend” or “the Company”), the... Read more
TerrAscend Announces Termination of Gravitas Nevada Ltd. Acquisition TORONTO, Jan. 27, 2020 /CNW/ – TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend” or “the Company”), the first and only global cannabis company licensed for sales in Canada, the U.S., and the EU, today announced the termination of the Securities Purchase... Read more
Evolve ETFs announced this morning that it will close its Evolve Marijuana Fund (TSX: SEED) next month. The firm, which is also closing Evolve U.S. Marijuana ETF (NEO: USMJ) and the Evolve North American Gender Diversity Index Fund, has requested that the funds be delisted in March. The Evolve Marijuana... Read more
Innovative Industrial Properties Acquires Property in Ohio and Enters Into Long-Term Lease with Cresco Labs SAN DIEGO, January 27, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today... Read more
Connecticut Democratic lawmakers will make the legalization of adult-use cannabis a top priority this year after failing to pass legislation last year. Although medical marijuana was legalized eight years ago in 2012, efforts to fully legalize its use have failed to gain traction. Last year’s legislation called for the... Read more
When Chicago police installed so-called “cannabis amnesty boxes” in the city’s airports earlier this month, the idea was to provide a safe repository for travelers to dump their weed. But in that, one apparent thief saw an opportunity. Authorities in the Windy City said this week that someone snatched... Read more
Convenience store owner Fouad Masoud, owner of the King Mini Mart on South Kedzie Avenue on the west side of Chicago, will spend the next seven years in prison for selling K2 laced with rat poison. Prosecutors had fought for a sentence of 10 years, citing Masoud’s admission to... Read more
The board of commissioners of the Chicago Housing Authority voted on Tuesday to approve a new policy to help protect residents from being evicted for using cannabis. The board’s action revises an announcement from the agency last year that warned to end assistance for those found in possession of... Read more
“He was already a billionaire when this started, and this made him even richer,” said Assistant U.S. Attorney Nathaniel Yeager at big pharma drug dealer John Kapoor’s trial. On Thursday, the Insys Therapeutics founder saw the price of that greed. After pleading not guilty, Kapoor was convicted of orchestrating... Read more
Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor Further Strengthening Aphria’s Cash Balance Pro Forma to Nearly $600 million¹ Company Also Provides Corporate Updates LEAMINGTON, ON, Jan. 24, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA) today... Read more
