From FORBES: Voters in Oklahoma approved a ballot measure making the state the 30th in the nation to allow broad access to medical marijuana. The proposal, which passed by a 57% to 43% margin on Tuesday, will allow doctors to recommend cannabis for any medical condition they see fit Most other state medical... Read more
A Ukiah man was arrested Monday after police found him driving through an area of Spring Valley under mandatory evacuations, his car packed with two pounds of marijuana and a loaded handgun, authorities said. Helicopters work to extinguish the Pawnee fire burning east of Spring Valley, Calif., Monday, June... Read more
The fate of a nascent effort to create a bank owned by the city of Los Angeles and meant to help legally-permitted cannabis businesses could be decided by voters this fall. The City Council on Tuesday will vote on whether to start the process of placing a measure on... Read more
Unless you’ve been in a deep sleep, the marijuana industry has gotten a huge boost this year, which could spell huge first mover advantage right now. Canada’s recent nationwide legalization for recreational marijuana has posed a massive opportunity and marijuana stocks are in the spotlight for good reason right... Read more
Moreno Valley voters will be asked to tax commercial marijuana sales and production in Riverside County’s second-largest city when they go to the polls in November to elect a new California governor. The Moreno Valley City Council recently voted to place such a tax measure on the ballot. The... Read more
PHELAN — It was already in the mid-80s early Thursday morning when detectives arrived to the first illegal marijuana grow raid of the day, and the heat only grew more searing by the hour. Yet none of this seemed to deter the six-man San Bernardino County Sheriff’s Department Marijuana... Read more
Edmonton, AB – June 26, 2018 – PRESS RELEASE – Aurora Cannabis Inc. announced today that it has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (“BMO”). The facility will consist of a $150 million term loan and... Read more
LAFAYETTE, Colo. — The political rise of Colorado’s cannabis industry is, in essence, the story of Garrett Hause’s alfalfa farm. Mr. Hause, a broad-shouldered, 25-year-old horticulturist who tills his family’s land in the shadow of the snow-capped Rocky Mountains, said he was never particularly interested in politics — that... Read more
Alison Ettel, CEO of TreatWell Health, was thrust into the national limelight over the weekend after she was caught on video while allegedly calling the police on an 8-year-old black girl who was selling water on a sidewalk in San Francisco. According to news reports, Ettel, who is white,... Read more
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that it has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal. The facility will consist of a $150 million term loan and a $50 million revolving credit facility (together, the “Loans”), both... Read more
