Ontario Brain Institute Increases Investment in Diamond Therapeutics to Accelerate Innovation in Mental Health
January 7, 2021
Ryan Allway January 7th, 2021 Psychedelics Emerging psychedelic drug development company Diamond Therapeutics has received new investment from the Ontario Brain Institute (OBI), a not-for-profit organization that accelerates discovery and innovation, benefiting both patients and the economy. An early believer in Diamond’s precision, low-dose approach to psychedelic therapies, OBI... Read more
Red Light Holland Announces Increase in Bought Deal Equity Financing to $8.5 Million
January 7, 2021
Ryan Allway January 7th, 2021 Psychedelics Red Light Holland Corp. (“Red Light Holland”) (CSE:TRIP), an Ontario-based corporation positioning itself to engage in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that it has... Read more
Thoughtful Brands Announces Binding Letter of Intent for Reverse-Takeover of Franchise Cannabis
January 7, 2021
Ryan Allway January 7th, 2021 Psychedelics Thoughtful Brands Inc. (“TBI“) (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) and Franchise Cannabis Corp. (“FCC“) are pleased to announce that they have entered into a binding letter of intent (the “Letter of Intent“), dated January 6, 2021, to consummate a going-public transaction for FCC involving the reverse-takeover of... Read more
Looking To The Future – Florida’s Emergency Edible Rules Provide An Opportunity For Profits – And Perils
FloridaMarijuana Industry News January 7, 2021 0
by Edd Gaus and Matt Bernstein Nearly four years after Florida voters legalized medical marijuana, in August, the state’s Department of Health’s Office of Medical Marijuana Use published emergency rules allowing licensed medical marijuana treatment centers to produce, package, and label edible marijuana derivative products. Although initially temporary when enacted... Read more
Identifying Cannabis Markets During a Crisis
Marijuana Industry News January 7, 2021 0
By Jonathan Monk In times of crisis, we must never forget the power of human ingenuity. Some of the immense tragedies in history have been met with profound acts of innovation and creativity. As COVID-19 has rocked the modern business world and has forced companies to “pivot or perish.”... Read more
Gov. Cuomo Announces Proposal to Legalize Marijuana in New York
Marijuana Industry NewsNew York January 7, 2021 0
Governor Andrew Cuomo announced Wednesday that he will introduce a proposal that would finally legalize marijuana in New York state. “I’m announcing a proposal to legalize cannabis and create an equitable adult-use cannabis program in NYS,” Cuomo tweeted Wednesday. “This program will generate much-needed revenue, while allowing us to... Read more
January 7, 2021 by AggregatedNews Leave a Comment All eyes were on the Georgia special Senate run-off elections on Tuesday with the control of the U.S. Senate hanging in the balance. It looks like that control will shift from the GOP to the Democrats. Democratic Senate candidate Rev. Raphael... Read more
Oregon marijuana sales soared to new heights in 2020, topping $1 billion overall
Marijuana Industry NewsOregonRecreational Marijuana January 7, 2021 0
Oregon recreational-cannabis sales surged in 2020, peaking during a difficult summer of protests and lockdowns. The result was a record year of business for the state’s marijuana purveyors, based on data from the Oregon Liquor Control Commission, which oversees marijuana sales. Total marijuana sales in Oregon jumped from $795 million... Read more
TORONTO, Jan. 04, 2021 (GLOBE NEWSWIRE) — PRESS RELEASE — WeedMD Inc., a federally-licensed producer and distributor of medical-grade cannabis, has announced that its board of directors has appointed executive chairman, George Scorsis, as interim Chief Executive Officer, effective immediately. This appointment follows Angelo Tsebelis’s decision to step down... Read more
Dispute Over Cannabis Cultivation License Heads to Illinois Supreme Court
Marijuana Industry News January 7, 2021
A years-long dispute over a cannabis cultivation license is headed to the Illinois Supreme Court as Curative Health Cultivation LLC and Medponics Illinois LLC battle over a license to grow cannabis for the state’s medical and adult-use markets, according to an NBC Chicago report. Curative, which is based in... Read more
