Three New Medical Cannabis Laws Have Taken Effect in Virginia
FeaturedTrending Stories July 3, 2019 0
On July 1, a trio of medical marijuana bills signed in March by Virginia Governor Ralph Northam went into effect. Each expands Virginia’s medical marijuana program in important ways, from increasing access for students and people with disabilities to giving doctors more control to recommend medical cannabis. After an... Read more
Governor of New Jersey Signs Bill to Expand State Medical Cannabis Program
FeaturedNew JerseyTrending Stories July 3, 2019 0
Democratic Gov. Phil Murphy of New Jersey signed a bill on Tuesday that expands the state’s medical cannabis program. Under the measure, the Jake Honig Compassionate Use Medical Cannabis Act, the state will add more licenses for providers in the medicinal cannabis program, patients will be allowed to legally... Read more
Canopy Growth Announces Leadership Transition Bruce Linton to step down as co-CEO and Canopy Board member Mark Zekulin remains CEO Company Launches Search to Identify Leader to Guide Next Phase of Growth TORONTO and SMITHS FALLS, ON, July 3, 2019 /PRNewswire/ – Today, Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) and Bruce... Read more
Nevada Cannabis Operator Flower One Borrows $20 Million at LIBOR Plus 8% with Warrants
FeaturedTrending Stories July 2, 2019 0
Flower One Announces Debt Financing of up to US$30 Million TORONTO, July 2, 2019 /CNW/ – Flower One Holdings Inc. (the “Company”) (CSE: FONE) (OTCQX: FLOOF), today announced that it has entered into a debt financing agreement (the “Agreement”) with RB Loan Portfolio II, LLC for up to US$30,000,000. With the completion and... Read more
Zenabis Taps Tilray for $30 Million Advance Against Cannabis to be Supplied
FeaturedTrending Stories July 2, 2019 0
Zenabis Arranges $30 Million Non-Dilutive Financing via Supply Agreement with Tilray® VANCOUVER, July 2, 2019 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced that its wholly-owned subsidiary, Zenabis Ltd., has entered into an agreement with High Park Holdings Ltd. (“High Park”) (the “Supply Agreement”), a... Read more
Cory Booker ‘Disappointed’ Cannabis Legalization Not a Topic of Democratic Debates
FeaturedTrending Stories July 1, 2019 0
Presidential candidate Sen. Cory Booker of New Jersey said last Wednesday night that he was ‘disappointed’ that the subject of marijuana legalization did not come up during the Democratic Party debates held this week. The party conducted two separate rounds of debates on Wednesday and Thursday to accommodate the... Read more
Minnesota Alzheimer’s Patients Can Now Register for Medical Marijuana
FeaturedMinnesotaTrending Stories July 1, 2019 0
Starting July 1, people with Alzheimer’s disease can register for medical marijuana in Minnesota. And once registered, they’ll be able to obtain medical cannabis from the state’s two manufacturers beginning August 1. The Minnesota Department of Health first announced plans to add Alzheimer’s disease as a qualifying condition in... Read more
Lawmaker Introduces Bill to Help Small Businesses Navigate Cannabis Industry
FeaturedTrending Stories July 1, 2019 0
A bill introduced in Congress last week aims to help small business owners navigate the ins and outs of cannabis licensing. The legislation, the Homegrown Act of 2019, would set up a so-called Small Business Association grant program to “provide state and local governments with funding to help small... Read more
Cannabis Oil With Low THC Now Legal to Possess in Kansas
FeaturedKansasTrending Stories July 1, 2019 0
It’s no plan for legalization, but it’s something; as of July 1, qualified patients will be able to use low THC cannabis oil in Kansas. Claire and Lola’s Law a.k.a. House Bill 2244 does not allow for legal sale or production of the oil, but individuals and families who... Read more
Founder of Indianapolis’ First Church of Cannabis Running for Governor of Indiana
FeaturedIndianaTrending Stories July 1, 2019 0
Bill Levin, the founder of the Indianapolis First Church of Cannabis, announced on Monday that he is running for governor of Indiana. Levin will seek the nomination of the state’s Libertarian Party in his bid for the statehouse, according to a report in local media. The legalization of cannabis... Read more