Arizona hemp farmers may be feeling a bit panicked after the state’s Department of Agriculture’s Plant Services Division published a report stating that 41 percent of the hemp plants they tested had THC levels that were too high.  “It’s a high-risk deal,” said head farmer for Arizona Hemp Supply... Read more
New York’s medical cannabis program has developed substantially over the past several years and is now dominated by publicly traded companies. While it appeared that 2019 would be the year that the Big Apple would become the 12th state to legalize the recreational use of cannabis, the Marijuana Regulation... Read more
Guest Post by Frank Colombo, Partner and Chief Risk Officer of Aspen Finance LLC The cannabis debt wave is coming! Despite solid efforts to reduce cash burn, cannabis companies will require significant amounts of financing in 2020 to complete their build-outs and strategic acquisitions but… The equity market is virtually... Read more
Calling it a potential “an economic game-changer” for the state, New Mexico Gov. Lujan Grisham initiated a campaign to legalize recreational marijuana.  “The legislature has the opportunity to pass the largest job-creation program in New Mexico in a decade,” Grisham said this week as she outlined her legislative priorities... Read more
The board of Marion County Public Schools in Florida has suspended a Belleview High School teacher and student services manager over his use of medical cannabis. Mike Hickman, 50, was placed on unpaid leave after the Superintendent of Schools, Heidi Maier, recommended he be fired for testing positive for... Read more
SMITHS FALLS, ON, Jan. 17, 2020 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED), (NYSE: CGC) submitted its final documentation for its beverage facility to Health Canada in late June 2019 and subsequently received the licence in late November 2019. In the seven weeks since... Read more
Curaleaf provides update on acquisitions of Select, Grassroots and ATG WAKEFIELD, Mass., Jan. 17, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today provided updates on the acquisitions of Cura Partners, Inc. (“Select”), GR Companies Inc. (“Grassroots”) and Alternative Therapies Group... Read more
HEXO Corp Announces US$20.0 Million Registered Direct Offering OTTAWA, Jan. 17, 2020 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced it has entered into a definitive agreement with institutional investors for the purchase and sale of 11,976,048 common shares at an offering... Read more
For those looking to buy some legal weed in Chicago, be prepared for some sticker shock. That’s because pot products there are larded with taxes. On Wednesday, the Cook County Board approved another one: a three percent tax on marijuana retailers, which will be tacked on to a bevy... Read more
One week ago, Mississippi announced that a question to legalize medical marijuana would be on the state’s November 2020 ballot. That same day, January 9, the Mississippi Board of Health issued a press release announcing its strong opposition to the medical cannabis initiative. Now, a group of seven Mississippi... Read more
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