Paraguay will begin accepting applications for the domestic production of cannabis for medical and research purposes next month, according to an announcement made last week by the country’s health minister. Julio Mazzolini, the minister of public health and social welfare, said in a press conference in Asunción on Thursday... Read more
New York Governor Andrew Cuomo has jumped in with other politicians to demand a quickly-enacted ban on flavored tobacco vaping products. His Sunday announcement came in the midst of a little-understood string of vaping-related deaths by severe lung disease, despite the fact that some of the dead were known... Read more
CannTrust Discloses Notice of Licence Suspension VAUGHAN, ON, Sept. 17, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST, NYSE: CTST) announced that it received late this morning a Notice of Licence Suspension (the “Notice”) under section 64(1) of the Cannabis Act (Canada). The Notice cites... Read more
Supreme Cannabis Announces Q4 and 2019 Fiscal Year End Financial Results Achieves first positive Adjusted EBITDA¹ quarter of $3.2 million. Q4 2019 net revenue was $19 million, a 90% increase from Q3 2019 ($10 million). Fiscal 2019 total revenue was $41.8 million, a 370% increase from fiscal 2018 ($8.9... Read more
Thailand’s Bhumjaithai Party has announced that it will be proposing a bill that will allow the country’s households to grow up to six cannabis plants. Thailand has a long tradition of using cannabis and the kratom plant for wellness purposes. It was the first Southeastern Asian country to regulate... Read more
CBD edibles and vapes spiked with a variety of synthetic marijuana compounds have found their way to consumers in Louisiana, Maryland and nearly a dozen other states, according to a nationwide Associated Press investigation into unregulated cannabidiol products. Synthetic marijuana, often marketed as K2 or Spice, has been linked... Read more
SALT LAKE CITY (AP) — Utah lawmakers are expected to meet Monday night to consider changes to the state’s medical marijuana law, an issue that has faced fierce criticism from people on both sides of the debate. The proposed changes include scrapping plans for an unusual state-run dispensary system... Read more
An Oregon analytic laboratory is offering a new test for cannabis products to detect the presence of vitamin E acetate, an additive that has been implicated in the rash of vaping-related lung illnesses that have sickened hundreds and led to at least six deaths. Pixis Labs in Portland began... Read more
Cresco Labs to Acquire Tryke Companies Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities Announces C$73.5 Million Underwritten Public Unit Offering Tryke generated US$70.4 million in Revenue and US$24.6 million in EBITDA in fiscal 20181,... Read more
Medicine Man Technologies Highlights Landmark Consolidation Strategy To Create One Of North America’s Largest Vertically Integrated Cannabis Operators. Projected Annual Revenues From The Previously Disclosed Proposed Acquisitions Total Approximately $170 Million In 2019 DENVER, Sept. 16, 2019 /PRNewswire/ — Medicine Man Technologies, Inc. (OTCQX: MDCL) (“Medicine Man Technologies” or the “Company”) announced a... Read more
