A new study reveals that almost half of those who currently use cannabis in North America are over 40, a surprising number given the narrative that most cannabis users are in younger demographics. This insight came alongside many other interesting data points about the industry. This information comes from... Read more
Legalizing cannabis in Texas could bring the state more than half a billion dollars in new tax revenue each year, according to a report released last week by a leading cannabis policy and law firm. The economic analysis from Vicente Sederberg LLP also found that legal pot would result... Read more
Exclusive Interview with Aphria CEO Irwin Simon The strength of Aphria’s (TSX: APHA) (NASDAQ: APHA) brands, team and grow facilities are helping it to stand out in the cannabis industry, according to CEO Irwin Simon. He spoke with New Cannabis Ventures about the profitable company’s global strategy and its... Read more
Harvest Health & Recreation Inc. Announces C$30,000,000 Million Bought Deal Financing PHOENIX, Oct. 21, 2020 (GLOBE NEWSWIRE) — Harvest Health & Recreation Inc. (“Harvest” or the “Company”) (CSE: HARV), a vertically integrated cannabis company and multi-state operator in the U.S., is pleased to announce that is has entered into... Read more
Jushi Holdings Inc. Announces Pricing of Offering of Subordinate Voting Shares BOCA RATON, Fla., Oct. 21, 2020 /CNW/ – Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a globally-focused, multi-state cannabis and hemp operator, announces today the pricing of its previously announced overnight marketed offering (the... Read more
New Jersey is poised to join the growing number of states to legalize recreational marijuana use when voters head to the polls next month, according to a new survey out this week. The latest Brach Eichler Cannabis Poll showed that 65 percent of likely Garden State voters either strongly... Read more
An explosion that took place Thursday afternoon of last week in New Mexico is making headlines, as it took place inside a cannabis manufacturing facility and injured two. Local news sources report that two men were injured in the explosion last week, which took place at New Mexicann Natural... Read more
The Canadian Chamber of Commerce, through their officially established National Cannabis Working Group, will be reviewing the Cannabis Act that presides as law over the industry in Canada. The review will be a chance to provide feedback on how Canada can improve their framework, and what kind of changes... Read more
Neptune Wellness Solutions Inc. Announces US$35 Million Private Placement LAVAL, QC, Oct. 20, 2020 /PRNewswire/ – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (TSX: NEPT) (NASDAQ: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, today announced it... Read more
Flowr to Acquire International Cannabis Leader Terrace Global for $63 Million Highlights: Proposed transaction provides a 47% premium to Terrace Global’s current share price and a premium of 76% to the last Terrace Global financing at $0.125 per share. Share-based acquisition allows Terrace Global shareholders to continue to participate... Read more
