Virginia authorities announced the results of a recent survey on the dangers of cannabis-impaired driving, but things didn’t go exactly as planned: Officials said that the survey shows “unsettling” and “alarming” attitudes about how safe it is to drive when under the influence of pot. The Virginia Cannabis Control... Read more
The California Cannabis Industry Association published a white paper addressing the state of the cannabinoid market. Featuring main author Tiffany Devitt, as well as other contributors, the white paper entitled “PANDORA’S BOX The Dangers of a National, Unregulated, Hemp-Derived Intoxicating Cannabinoid Market,” refers to the hemp industry as a... Read more
HEXO Reports Q4’22 and FY22 Financial Results Organizational reset strengthened the business and has positioned HEXO for long-term success This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7,... Read more
As we described in an earlier article, the Global Cannabis Stock Index recovered strongly from the challenging September in October, gaining 17.1% The index is still down 59.9% in 2022. In this exclusive article we will summarize the performance of the other managed indices that New Cannabis Ventures offers to its readers.... Read more
Entourage Health and LiUNA Pension Fund Upsize Credit Facility with Additional $30 Million in Non-Dilutive Funding Availability Company also confirms it has signed an updated amended and restated credit agreement with senior lender, Bank of Montreal TORONTO, Oct. 31, 2022 (GLOBE NEWSWIRE) — Entourage Health Corp. ( (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the... Read more
Safe Harbor Financial Announces Definitive Agreement to Acquire Abaca Acquisition adds over 300 accounts and expanded financial institution relationships Upon closing, will increase Safe Harbor operations to more than 30 states Further bolsters Company’s position as the leading consolidation platform for additional cannabis financial services ARVADA, Colo., Oct. 31,... Read more
After breaking a long negative streak in July of 17 straight months down and then a rally of 4.3%, the Global Cannabis Stock Index fell 1.3% in August. In September, it posted a new all-time closing low on 9/30 at 11.26 and ended the month down 25.9%. In October, the index... Read more
Mississippi medical marijuana regulators announced that the largest cannabis grower licensed by the state so far was directed to destroy thousands of plants worth approximately $1 million for failure to follow regulations. The company, Mockingbird Cannabis LLC, was also ordered to halt some operations and make improvements to one... Read more
The attorney general of New Jersey last week issued a new directive on drug testing requirements for law enforcement agencies, a necessary update following the launch of the state’s legal cannabis market earlier this year. Matthew Platkin, who was confirmed as the state’s AG last month, said that following... Read more
After leading a successful legal challenge against a voter-approved recreational pot amendment, South Dakota Gov. Kristi Noem says she won’t stand in the way the second time around. Voters in the state will decide next week on Initiated Measure 27, a proposal to legalize personal possession of marijuana for... Read more
