Aphria Inc. (TSX: APH) (OTCQB: APHQF) is pleased to announce it has closed its short form prospectus offering, on a bought deal basis, including the exercise in full of the underwriters’ over-allotment option. A total of 21,835,510 common shares of the Company were sold at a price of $11.85 per Share, for aggregate... Read more
NEW YORK (AP) — The BIG3 says players in the 3-on-3 league of former NBA players are allowed to use cannabidiol, or CBD, for pain management and recovery. Under the change announced Wednesday, the BIG3 becomes what’s believed to be the first professional sports league in the United States... Read more
La Palma might be small, but its citizens were loud and clear Tuesday night: They don’t want their city to become what one resident described as “the pot capital of northwest Orange County.” Citizens overflowed the City Council Chambers, some having to sit in an adjoining room, to oppose... Read more
Lagunitas Brewing Co. of Petaluma is delving deeper into the cannabis industry, announcing the launch of a new THC-infused sparkling beverage. The drink, named Hi-Fi Hops, only will be available at licensed cannabis dispensaries in California starting July 30. It will come in two varieties, including one containing 10... Read more
The current ban on medicinal marijuana dispensaries will remain in place in Kern County for the time being after the Kern County Board of Supervisors took no action on a proposal that could have led to the establishment of seven legal medicinal dispensaries throughout the county at a meeting... Read more
With the date now set for Canada to fully legalize adult-use cannabis on October 17, 2018, it may be useful for investors to review how companies are positioned for the event. There are a lot of moving parts at this point, with wholesale supply concerns, branding and advertising rules,... Read more
Deeply conservative Oklahoma became the 30th U.S. state to legalize medical marijuana after voters approved a ballot initiative by a 57-43 margin on June 26. The move signaled new inroads among Bible Belt constituencies, where, by and large, state policies have restricted medical cannabis use to hemp-derived CBD products... Read more
Official USPTO position on industrial hemp CBD marks. With the cannabidiol (CBD) industry continuing to boom, I’ve had numerous inquiries from my CBD-selling clients regarding federal trademark protection for their CBD brands, particularly when the CBD they are selling is derived from Farm Bill hemp and grown in accordance... Read more
There’s no denying it anymore. The legal marijuana business is booming and the first G7 country has now legalized cannabis both recreationally and medicinally. That’s right Canada’s June 7 vote sealed the deal for something that could quickly become the biggest industry boom since the industrial age! A little... Read more
Deeply conservative Oklahoma became the 30th U.S. state to legalize medical marijuana after voters approved a ballot initiative by a 57-43 margin on June 26. The move signaled new inroads among Bible Belt constituencies, where, by and large, state policies have restricted medical cannabis use to hemp-derived CBD products... Read more
