As Pawnee Fire rages in Northern California, police find man with loaded gun, 2 pounds of marijuana in evacuation zone
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
L.A. considering ballot initiative to fund public bank for cannabis businesses
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
This Marijuana Stock is Poised to Benefit from Legal Cannabis Boom!
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 puts marijuana tax measure on November ballot
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
‘It’s not a free-for-all’: High Desert marijuana raids continue to net high targets
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
Aurora Cannabis Announces $200-Million Debt Facility With Bank of Montreal
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
BioTrackTHC Launches Integration With DataOwl for Online Ordering, CRM, Digital Menus
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
Arkansas Court Clears Way for Medical Marijuana Program’s Launch
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 Announces $200 Million Debt Facility with BMO
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
CHOOM™ ANNOUNCES ADDITION TO THE EXECUTIVE TEAM
Choom™ (CSE: CHOO)( OTCQB: CHOOF), a fully-integrated cannabis company, is pleased to announce the appointment of Kyp Rowe to the Management team in the role of Director of Operations. Mr. Rowe will be a key member of the Choom team, leading our premium craft cannabis cultivation strategy to support our... Read more
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