A subsidiary of Australian hemp product producer Ecofibre has signed a deal to distribute a line of topical products at the U.S. drugstore chain CVS Pharmacy. EOF Distribution said in a statement last week that it will supply 10 hemp-derived products for exclusive sale at some CVS Pharmacy locations.... Read more
A publicly traded agricultural technology company announced Monday that it has raised $6.8 million through warrants to fund new opportunities within its hemp division. Arcadia Biosciences, based in Davis, California, gave investors the chance to exercise existing warrants to purchase nearly 1.4 million shares of common stock at a... Read more
Hexo Corp. Announces C$50 Million Underwritten Public Offering OTTAWA, May 19, 2020 /CNW/ – HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the pricing of its previously announced overnight marketed public offering (the “Offering”) of units of the Company (the “Units”) at a price of... Read more
TerrAscend Announces US$30 Million Non-Brokered Private Placement with Indicative Lead Orders of Approximately US$28 Million CAPEX fully funded to complete all planned strategic growth projects NEW YORK and TORONTO, May 19, 2020 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER, OTCQX: TRSSF), a leading North American cannabis operator, today announced a non-brokered... Read more
Trichome Financial To Acquire James E. Wagner Through Restructuring Process Premium indoor cannabis cultivation assets acquired free of all liabilities Trichome estimates pro-forma forward twelve-month EBITDA of $10 million with no additional capital spend Total acquisition cost of $13 million or less than 1.5x Trichome’s estimate of pro forma... Read more
Several months I wrote an article about CBD and false advertising under the Lanham Act and noted an important case on the docket of the U.S. Supreme Court concerning damages in trademark cases, Romag Fasteners, Inc. v. Fossil, Inc. (Supreme Court Docket No. 18-1233). As you may recall, the Lanham Act, also known as the […]
Ryan Allway May 19th, 2020 News, Top News May 19, 2020 06:00 ET | Source: Rubicon Organics VANCOUVER, British Columbia, May 19, 2020 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (CSE:ROMJ) (OTCQX:ROMJF) (“Rubicon Organics” or the “Company) is pleased to announce a non-brokered private placement of units of the Company (“Units”) at a... Read more
NEW YORK and TORONTO, May 19, 2020 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER, OTCQX: TRSSF), a leading North American cannabis operator, today announced a non-brokered private placement for gross proceeds of approximately US$30.0 million (“the “Offering”), with the ability, at the Company’s discretion, to upsize the amount of the Offering to... Read more
Partnership further strengthens B2B extraction business allowing Neptune to deliver high quality, low-cost hemp extracts to customers LAVAL, QC, May 19, 2020 /PRNewswire/ – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company, is pleased to announce today that it has... Read more
Maine’s Education Department announced this month that it is no longer eligible for certain federal funds to support mental health programs in schools because the state allows students to access medical marijuana. The Substance Abuse and Mental Health Services Administration (SAMHSA) quietly rolled out a new policy last year... Read more
