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Ryan Allway July 22nd, 2019 App, Exclusive, News, Top News Believe it or not, the world’s first blockbuster drug is still one of the most commonly used today. Acetylsalicylic acid, better known as Aspirin®, is a synthetic derivative of the natural substance salicylic acid, an extract from the bark... Read more
Ryan Allway July 22nd, 2019 CFN Media Group (“CFN Media”, “CannabisFN”), the leading agency and financial media network dedicated to the worldwide cannabis industry, today announced the release of the second video episode in its CFN Media & Viridian Capital Cannabis Markets Wrap series filmed at the MJMicro Conference... Read more
Smoking pot cost Kimberly Cue her job. Ms. Cue, a 44-year-old chemical engineer from Silicon Valley, received an offer this year from a medical device manufacturer only to have it rescinded when the company found out that she smoked prescription marijuana to treat post-traumatic stress disorder. “My email was... Read more
A surge in academic research about hemp-derived cannabinoids is giving CBD companies new opportunities to find university partners to validate mountains of anecdotal evidence about CBD’s health benefits. The research boom is enabled by hemp’s new legal status and funded by cannabis entrepreneurs who see a chance to bring... Read more
CannTrust Special Committee Update VAUGHAN, ON, July 22, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST,NYSE: CTST) today provided an interim update on the investigation being undertaken by a special committee (the “Special Committee”) of its board of directors (the “Board of Directors”). As announced... Read more
GTEC Enters into Agreement to Acquire Facility in Kelowna BC Kelowna, BC, July 22, 2019 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that GTEC and Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED) (NYSE:CGC) entered into a purchase and sale agreement... Read more
The Flowr Corporation Announces $43.5 Million Bought Deal Financing TORONTO, July 22, 2019 /CNW/ – The Flowr Corporation (TSX.V:FLWR) (OTCQB:FLWPF) (the “Company” or “Flowr”) announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. (the “Lead Underwriter” and, collectively with... Read more
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
Tomorrow, a Republican-controlled Senate Banking Committee hearing will examine cannabis businesses’ lack of access to banking services to further consider the SAFE Banking Act. The July 23, 2019 hearing will include Senators Jeff Merkley (D-OR) and the legislation’s chief GOP cosponsor, Cory Gardner (R-CO). As we’ve discussed on the blog previously, the legislation would allow…