Supreme Cannabis Announces Agreement to Partially Convert and Amend Debentures Supreme Cannabis reduces principal amount to $36.5 million from $100.0 million Extends maturity date on $36.5 million of remaining Debentures to September 1, 2025 and reduces conversion price to $0.285 Reduces annual interest payments by over 50% TORONTO, Aug.... Read more
Free Webinar Tomorrow! Cannabis Litigation Trends (with Q&A)

Register HERE today! Harris Bricken litigators regularly advise cannabis and hemp businesses, investors and third parties at all stages of dispute resolution. Our expertise ranges from pre-filing resolution and mediation through motion practice, arbitration and open court. We regularly defend clients in administrative and license cancellation proceedings as well. Cannabis disputes are unique. They are […]

The post Free Webinar Tomorrow! Cannabis Litigation Trends (with Q&A) appeared first on Harris Bricken.

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US cannabis employment could climb nearly 50% in 2020, surpassing computer programmers

The number of people working in the U.S. cannabis industry is expected to jump to 240,000-295,000 by the end of 2020, slightly higher than the number of computer programmers employed in the United States.

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New Jersey marijuana companies invest in infrastructure build-outs ahead of recreational vote

Amid the ongoing expansion of New Jersey’s medical marijuana market as well as the anticipated victory of recreational legalization at the ballot box in November, some of the state’s cannabis companies are investing heavily in cultivation build-outs and other infrastructure to meet an expected surge in demand.

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Strain Review: Mendo Breath Is a Taste of the Emerald Triangle

Over the last few years, Gage Green Group’s flagship strain, Mendo Breath, has found its way into the gardens of some of the best growers in the world.

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CBD cigarette maker hires Philip Morris strategist as new chief executive
A Las Vegas-based company preparing to launch a brand of CBD-containing hemp cigarettes later this year has appointed a former Philip Morris strategist as its CEO. Taat Lifestyle & Wellness Ltd. said in a statement that Setti Coscarella was uniquely suited to the CEO role given his experience in... Read more
Uruguay cannabis company ships 50 kilograms dried flower to Switzerland via Germany
Cannabis Uruguay Ltda. (UCAN), a cannabis cultivator and processor in Montevideo, has exported its first shipment of dried flowers to Switzerland via Germany. The company’s 50-kilogram shipment of dried cannabis flower landed in Frankfurt on Saturday and arrived in Zurich on Sunday, Jorge Jover, an agronomist who works at... Read more
FDA approves GW Pharmaceuticals’ CBD drug for new indication
CBD drug Epidiolex received approval from the U.S. Food and Drug Administration to treat seizures associated with a third medical condition, expanding the range of indications for the cannabis-derived medication. The orally administered drug from Britain’s GW Pharmaceuticals previously was approved by the FDA to treat seizures associated with... Read more
Ryan Allway August 3rd, 2020 VANCOUVER, BC, July 31, 2020 /CNW/ – Invictus MD Strategies Corp. (NEX: GENE.H) (the “Company“) announced that it has received both creditor and Court approval of the investment agreement for the sale of its wholly-owned subsidiary, Acreage Pharms Ltd. (“Acreage“), to Acreage Developments Corp. (the “Investor“), a privately-owned... Read more
Cannabis One Holdings Inc. Announces Strategic Rebranding to INDVR Brands Inc. and Officer and Director Updates
Ryan Allway August 3rd, 2020 Vancouver, British Columbia and Denver, Colorado–(Newsfile Corp. – July 31, 2020) – Cannabis One Holdings Inc. (CSE: CBIS) (“Cannabis One“, “CBIS“, or the “Company“) is pleased to announce that it has commenced the process of changing its name to “INDVR Brands Inc.”, as well... Read more
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