Ryan Allway March 21st, 2019 TORONTO and LOS ANGELES, March 21, 2019 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (the “Company” or “Tinley”) is pleased to announce that it has completed its planned expansion of the bottling facility in the Coachella Valley, California (the “Phase 2 Facility”) to... Read more
People in Colorado still remember John Hickenlooper’s crack after the state legalized marijuana, a move he opposed: “Don’t break out the Cheetos or Goldfish too quickly.” But Mr. Hickenlooper, the governor at the time of the 2012 initiative allowing recreational use of cannabis, eventually changed his mind. He acknowledged... Read more
Acquires existing vertically integrated operator, the largest cultivation facilities in the state WAKEFIELD, Mass., March 18, 2019 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced it has signed a definitive agreement to acquire Acres Cannabis (“Acres”).... Read more
By Mike Panebianco What today’s CBD buyer might tell us about tomorrow’s cannabis marketplace If any trend symbolizes the mainstreaming of cannabis, it is the sudden presence of CBD embedded everywhere you look. From CBD shots in your espresso to the cute little packets of CBD gummy bears at... Read more
Weed use is taking off as more states move to legalize it. And with all the buzz over medical marijuana, it’s starting to gain an aura of healthfulness. But there are some serious health risks associated with frequent use. One of the more troubling ones is the risk of... Read more
At a time when the rest of the labor market appears to be tightening up, the marijuana industry is just getting started when it comes to job creation, according to a recent report. Pot manufacturers and distributors, on both the recreational and medicinal sides, saw massive job creation in... Read more
(For an analysis of this deal from an investment standpoint, sign up for our new premium subscription service Investor Intelligence.) Massachusetts-based Curaleaf has inked a deal with the CVS pharmacy chain to begin selling hemp products at 800 stores in 10 states. The distribution deal was announced during Curaleaf’s investor and analyst... Read more
Recently, the concept of “supervoting shares” in U.S. public companies has surfaced again in the news. Supervoting shares are created where founders wish to dilute themselves in an economic sense (in exchange for transformative capital), but retain outsized control in management and governance. This is different than your typical “class A and B shares” setup,…
The dominant sales channel for CBD – e-commerce – is becoming a major draw for marijuana manufacturers, who are using hemp-derived CBD to tap into new revenue and a wider consumer base. They’re doing this despite repeated warnings from the U.S. Food and Drug Administration (FDA) that it is... Read more
As the hype around hemp ramps up and states issue record numbers of licenses to farmers wanting to capitalize on opportunities the new crop may offer, U.S. Secretary of Agriculture Sonny Perdue said this week that he isn’t so sure hemp will be the cash crop everyone is hoping... Read more
