Hardly a day goes by without a report of another lawsuit—almost invariably one that claims to be a class action—against another cannabis-related business for allegedly violating the federal Telephone Consumer Protection Act (TCPA), most often through the business’s text-based marketing. Not surprisingly, the bulk of these cases are being... Read more
EDMONTON, Alberta, June 23, 2020 /CNW/ -PRESS RELEASE- Aurora Cannabis Inc., one of Canada’s largest cannabis producers, provided on June 23 aprogress update on its Business Transformation Plan that was previously announced February 6, 2020.”Across our organization we continue to take decisive action and execute on our previously announced... Read more
EDMONTON, Alberta, June 23, 2020 /CNW/ -PRESS RELEASE- Aurora Cannabis Inc., one of Canada’s largest cannabis producers, provided on June 23 aprogress update on its Business Transformation Plan that was previously announced February 6, 2020.”Across our organization we continue to take decisive action and execute on our previously announced... Read more
This story has been updated to add the purchase price and correct Entoura’s headquarters to Nashville, Tennessee. Hemp producer Entoura, a privately held, vertically integrated hemp company, has acquired the assets of Atalo Holdings, a hemp producer and CBD manufacturer located in Winchester, Kentucky. Headquartered in Nashville, Tennessee, Entoura... Read more
A Georgia measure setting up licenses for hemp producers and processors awaits the governor’s signature. State lawmakers approved legislation that would require a license for possessing hemp, whether it’s cultivating, transporting, or selling the plant. The bill approved Monday now heads to Gov. Brian Kemp for his signature, the... Read more
Organigram Holdings Inc. Provides Corporate Updates MONCTON, New Brunswick, June 23, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announces a number of corporate updates. At-the-Market Program Completion Earlier this month the Corporation completed its at-the-market equity program previously announced on April 22, 2020, issuing... Read more
Aurora Cannabis Provides Key Updates on Business Transformation Plan Continues to Execute on Corporate Restructuring & Facility Rationalization Plan Aimed at Margin Improvement and Profitability Exiting Fiscal Q4 2020 at an SG&A Run Rate of Approximately $42 Million Remains on Track for Positive Adjusted EBITDA in Fiscal Q1 2021... Read more
TILT Announces Q1 2020 Financial Results TILT Reports Revenue of $42.4 Million, Up 27% Quarter over Quarter Positive Adjusted EBITDA of $1.7 Million $32.3 Million Record Quarterly Revenue at Jupiter Research Sequential Gross Margin Increase from 20.0% to 27.7% CAMBRIDGE, Mass., June 23, 2020 (GLOBE NEWSWIRE) — TILT Holdings... Read more
For over a year my colleague Jihee Ahn, an experienced intellectual property litigator, has tracked the first-ever cannabis patent infringement case United Cannabis Corporation v. Pure Hemp Collective Inc. (You can read about extraction, prior art, the Alice test, and claim construction process here, here, here, here). Recently she wrote about the anti-climactic end to […]
Ryan Allway June 23rd, 2020 App, Exclusive, Psychedelics, Top Story Millions of people have had a psychedelic experience at some point in their life and with new FDA approved medicines and regulatory changes millions more will soon be able to as well. However, without support, it can be challenging... Read more
