$1 Billion Worth of Cannabis Seized in California Hemp Field Bust
CaliforniaFeaturedHempTrending Stories November 5, 2019 0
A Southern California sheriff’s department made a bust on what its owners had previously presented as a hemp field, uncovering 10 million marijuana plants with “an estimated value of over $1 billion.” On October 25, law enforcement descended on the fields whose growers had claimed to be growing non-psychoactive... Read more
Arizona Announces Adoption Of Digital Medical Marijuana Cards
ArizonaFeaturedMedical MarijuanaTrending Stories November 5, 2019 0
State regulators in Arizona will begin issuing identification cards in digital form next month, according to a report from cannabis industry website azmarijuana.com. Beginning December 1, the new digital marijuana identification cards will replace the physical cards currently being issued through the mail by the Arizona Department of Health... Read more
Legal Cannabis May Be Coming To South Dakota
FeaturedTrending Stories November 5, 2019 0
PIERRE, S.D. (AP) — South Dakota groups submitted separate signed petitions Monday that would allow residents to vote next year on whether to legalize medical marijuana and recreational marijuana. Monday was the deadline for submitting signatures to the South Dakota secretary of state’s office for measures for the November... Read more
House Bill 136 is Kentucky’s best chance at legalizing medical marijuana. And after gathering momentum throughout 2019, it will be one of the first bills on the legislative agenda in 2020. State Representative Jason Nemes, the bill’s primary co-sponsor, is confident he has the support of enough of his... Read more
Oklahoma Releases Nearly 500 Inmates in Push to End Mass Incarceration
FeaturedOklahomaTrending Stories November 5, 2019 0
Nearly 500 inmates were set to be released from prison in Oklahoma on Monday. The move by state officials comes in response to a push to reduce mass incarceration in Oklahoma that was put into motion by voters in 2016. On Friday, the Oklahoma Pardon and Parole Board voted... Read more
BARRIE, Ontario, Nov. 05, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation and purification, is pleased to announce it has filed an application to list its common shares on the NASDAQ Stock Market... Read more
TILT Holdings $25.6 Million Capital Raise Allows Repayment of $20 Million Short-Term Debt
FeaturedTrending Stories November 4, 2019 0
TILT Holdings Announces up to US $35M Shareholder Backed Financing Strategic capital will retire outstanding $20 million debt facility and provide a path to growth that will enable TILT to deliver shareholder value CAMBRIDGE, Mass., Nov. 04, 2019 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE:... Read more
TerrAscend Pre-Announces Q3 Revenue of C$26 Million and Realigns Management
FeaturedTrending Stories November 4, 2019 0
TerrAscend Names Jason Ackerman Executive Chairman and Provides Business Update FreshDirect founder and former CEO Jason Ackerman joins Board of Directors and named Executive Chairman Heather Molloy promoted to Chief Strategy Officer Strong revenue growth with $26 million preliminary unaudited Q3 revenue, nearly 50% higher than Q2, and substantially... Read more
Global Cannabis Stock Index Declines for Seventh Consecutive Month
FeaturedTrending Stories November 3, 2019 0
After a 57.4% gain in Q1, the Global Cannabis Stock Index moved sharply lower again in October, its seventh consecutive monthly decline, as it lost 11.2% to 47.29: The index, which had 44 qualifying members during the month following the quarterly rebalancing at the end of September, declined 54.9% in 2018... Read more
Missouri Medical Marijuana Trade Group Urges Officials To Regulate Vaping
FeaturedTrending Stories November 2, 2019 0
ST. LOUIS (AP) — A medical marijuana trade group wants Missouri health officials to issue strict vaping regulations as the number of people in the United States suffering from vaping-related lung illnesses continues to rise. In a letter Monday, Andrew Mullins, executive director of the Missouri Medical Cannabis Trade... Read more