HEXO Corp. Announces US$25.0 Million Registered Direct Offering OTTAWA, Dec. 26, 2019 (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 14,970,062 common shares at an offering price... Read more
SALEM, Ore. (AP) — Oregon is renowned for its craft beer and increasingly for its high-grade marijuana, but the state is keeping the two apart — for now. In a new ruling, the Oregon Liquor Control Commission, which regulates both alcoholic products and recreational marijuana, says beer and other... Read more
Legal weed has been available in Colorado for years, but the law will add a new component in 2020. Starting January 1, cannabis stores in the state will be required to post warning signs urging caution to pregnant customers about the risks of marijuana to newborns. The law is... Read more
ALBANY, N.Y. (AP) — Drug overdose patients rushed to some emergency rooms in New York’s Hudson Valley are asked a series of questions: Do you have stable housing? Do you have food? Times and location of overdoses are noted, too. The information is entered into a new overdose-tracking system... Read more
It seems Dr. Seuss’s infamous Grinch may have relocated to Florida as police in St. Petersburg arrested a man over the weekend for giving away marijuana to celebrate the holiday season. Arrested in this case was Richard Ellis Spurrier, 67, of St. Petersburg. Police say that they contacted Spurrier... Read more
An Alabama commission tasked with studying medical cannabis has voted to recommend legalization. On Friday, the commission voted 12-6 in favor of legislation that would legalize and regulate medical cannabis in Alabama. Now, Republican Sen. Tim Melson, who chaired the commission, says the next move is to bring a... Read more
Spiritual leader and psychedelics science pioneer Ram Dass died on Sunday at his home in Maui. A post on his official Instagram page says he passed “surrounded by loved ones,” and that memorial services will soon be announced. In recent years, Ram Dass said he was ready and reconciled... Read more
PORTLAND, Maine (AP) — A lack of testing facilities is threatening to slow the rollout of legalized recreational marijuana sales in Maine. Maine voters approved adult use marijuana in a 2016 vote, and state regulators have said products could be available in stores in spring 2020. The state is... Read more
Innovative Industrial Properties Acquires Properties in Pennsylvania and North Dakota and Enters Into Long-Term Leases with Grassroots SAN DIEGO, December 23, 2019–(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,... Read more
Jushi Holdings Inc. Announces US$27.460 Million Debt Financing Led by Insiders and Founders Insiders and founders have committed US$18.5 million Financing will provide additional working capital to accelerate the investment in growth within each key market and seek to deliver value to shareholders BOCA RATON, Fla., Dec. 23, 2019... Read more
