TILT Holdings Announces up to US $35M Shareholder Backed Financing Strategic capital will retire outstanding $20 million debt facility and provide a path to growth that will enable TILT to deliver shareholder value CAMBRIDGE, Mass., Nov. 04, 2019 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE:... Read more
TerrAscend Names Jason Ackerman Executive Chairman and Provides Business Update FreshDirect founder and former CEO Jason Ackerman joins Board of Directors and named Executive Chairman Heather Molloy promoted to Chief Strategy Officer Strong revenue growth with $26 million preliminary unaudited Q3 revenue, nearly 50% higher than Q2, and substantially... Read more
After a 57.4% gain in Q1, the Global Cannabis Stock Index moved sharply lower again in October, its seventh consecutive monthly decline, as it lost 11.2% to 47.29: The index, which had 44 qualifying members during the month following the quarterly rebalancing at the end of September, declined 54.9% in 2018... Read more
ST. LOUIS (AP) — A medical marijuana trade group wants Missouri health officials to issue strict vaping regulations as the number of people in the United States suffering from vaping-related lung illnesses continues to rise. In a letter Monday, Andrew Mullins, executive director of the Missouri Medical Cannabis Trade... Read more
WASHINGTON (AP) — A Juul Labs executive who was fired earlier this year is alleging that the vaping company knowingly shipped 1 million tainted nicotine pods to customers. The allegation comes in a lawsuit filed Tuesday by lawyers representing Siddharth Breja, a one-time finance executive at the e-cigarette maker.... Read more
Iowa’s Medical Cannabidiol Board will consider changes to the state’s limited medicinal cannabis program on Friday, including petitions to add new medical conditions that qualify patients to participate in it. The board will also consider a proposal to replace a 3% limit on THC in medical marijuana products with... Read more
The artist and activist Domenic Esposito has created “The Opioid Spoon Project,” featuring four 800-pound sculptures depicting spoons used for opioids, which he has displayed outside drug companies. One of the sculptures, called FDA Spoon for the initials of the Food and Drug Administration that are engraved on the... Read more
After three straight monthly double-digit percentage declines, the American Cannabis Operator Index fell again for the seventh consecutive month but managed to outperform the broader cannabis sector, declining 6.1% to 47.49: The index, which launched at the end of October with a value of 100, traded as low as 70.64 in... Read more
Losses mounted for Canadian licensed producers in October, with the Canadian Cannabis LP Index falling 18.2% to 481.91, the seventh consecutive monthly loss: The index remains substantially below the all-time closing high of 1314.33 on September 25th a year ago, just ahead of Canadian legalization. It closed the month at a... Read more
Michigan regulators announced several changes to the rules governing the state’s medicinal cannabis program on Wednesday, including one provision that will reduce the fees for medical marijuana identification cards. Andrew Brisbo, the executive director of the Michigan Marijuana Regulatory Agency, said that regulators had improved the efficiency of administering... Read more
