Mexico’s supreme court justices have grown impatient with the health ministry’s two year delay on medical cannabis regulation. On Wednesday, the court told the ministry that it has six months to issue rules surrounding patient usage, issued as part of its ruling in the case of a child seeking... Read more
More than 20 people have been hospitalized across the midwestern United States due to severe breathing problems linked to vaping. The hospitalizations occurred to individuals in three different states: four in Minnesota, 12 in Wisconsin and six in Illinois. The exact reasons for the illnesses aren’t yet clear. Doctors... Read more
A committee of experts advising regulators in Ohio has withdrawn its recommendation to approve adding autism and anxiety as qualifying conditions for the state’s medical marijuana program. The action by the Ohio Medical Marijuana Control Program’s expert review panel on Wednesday follows a recommendation to approve the two conditions... Read more
Green Growth Brands Inc. Announces $102M Backstop Commitment From Key Stakeholders COLUMBUS, OH, Aug. 14, 2019 /CNW/ – Green Growth Brands Inc. (CSE:GGB) (OTCQB:GGBXF) (the “Company” or “GGB”) announced today that it has entered into backstop commitment letters with each of All Js Greenspace LLC, Park Lane Capital Limited,... Read more
Aurora Cannabis Announces Upsizing of Credit Facility to Approximately C$360 Million (US$280 Million) Broader Lending Syndicate Introduced to Fund Strategic Growth Initiatives EDMONTON, Aug. 15, 2019 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora or the “Company”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that... Read more
Harvest Health & Recreation, Inc. Reports Second Quarter 2019 Financial Results. Total revenue for the second quarter was $26.6 million, up 39% from the first quarter 2019 (all dollars are U.S. dollars) Adjusted EBITDA for the second quarter totaled ($2.2) million PHOENIX, August 15, 2019–(BUSINESS WIRE)–Harvest Health & Recreation,... Read more
A 15-person panel in Alabama convened for the first time Tuesday to consider whether medical marijuana is right for the state. The panel, known as the Medical Cannabis Study Commission, was born out of a bill to legalize medical cannabis that was introduced in the Alabama state legislature earlier... Read more
Exclusive Interview with HEXO Co-Founder and CEO Sebastien St.-Louis HEXO (TSX: HEXO) (NYSE: HEXO) has a plan to become a top-three global cannabis player over the coming years. Co-Founder and CEO Sébastien St-Louis spoke with New Cannabis Ventures about the strategy to build partnerships with Fortune 500 companies, HEXO’s technology... Read more
Canopy Growth drives revenue with 94% increase in recreational dried cannabis sales in first quarter of fiscal 2020 Adjusted EBITDA up more than $5M (CDN) versus prior quarter; Company positioned to bring CBD products to U.S. market by end of fiscal 2020; Record harvest of over 40,000 kg KEY... Read more
Trulieve Reports Strong Operational Results, Record Revenue and Profits, and Grows Footprint in the Second Quarter of 2019 Company achieving new operational efficiencies and strong financial discipline as it rolls out growth and expansion initiatives as a multi-state operator TALLAHASSEE, FL, Aug. 14, 2019 /CNW/ – Trulieve Cannabis Corp.... Read more
