Part 5: Due Diligence In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert, walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Part 5: Due Diligence,” is part five of a five-part series. Completing the first four... Read more
With CVS, Walgreens and Rite-Aid all moving in lock step with CBD products, general retailers are now required to develop their own CBD related strategies. Such was the focus at last week’s CBD and the Future of Cannabis conference, where convenience store operators learned more about the opportunities with... Read more
A global agricultural research firm called hemp farming a risky business based on inconsistent pricing and production data and an unstable market. RaboResearch Food & Agribusiness said that while the U.S. hemp industry is poised for growth, there are serious financial, regulatory and agronomic risks that farmers and investors must... Read more
Kansas is taking steps toward allowing more farmers to grow hemp for commercial use under a measure Gov. Laura Kelly signed into law Monday. The law takes effect later this month and replaces a state program for researching hemp with a program that allows commercial production. Lawmakers authorized the... Read more
Loveland, Colorado-based Mile High Labs – a manufacturer of CBD crude oil, distillate and isolate – is borrowing $65 million to buy “millions of pounds” of pelletized hemp for CBD extraction. The company closed on the debt facility with investment firm MGG Capital. The term loan comes less than six... Read more
We get a ton of questions about whether it’s legal to import hemp into the U.S. It’s a complicated question without a clear answer. We do know that the Drug Enforcement Administration has confirmed that the importation of cannabis plant material that falls outside of the Controlled Substance Act’s definition of “marihuana” (e.g., the mature…
Ryan Allway April 15th, 2019 While recreational marijuana use legalized in Michigan in 2018, legal frameworks are not expected to be complete until 2020. The state has had a medical marijuana landscape in place since 2008 however, so a thriving dispensary scene is already in place. In this article,... Read more
Ryan Allway April 15th, 2019 LEAMINGTON, ON, April 15, 2019 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company“) (TSX: APHA and NYSE: APHA) today announced that it has entered into a series of transactions that will accelerate the expiry date to April 25, 2019 for the previously announced take-over bid... Read more
