Germany received its first imports of medicinal cannabis from Portugal and Australia this week. Two German companies took delivery of the shipments that will be used for testing purposes and to supply the country’s growing demand for medical marijuana, which was legalized in 2017. In Cologne, Cannamedical Pharma received... Read more
The Federal Trade Commission has once again cautioned companies to make sure that they are within federal guidelines when it comes to selling CBD. On Tuesday, the agency announced that it had issued warning letters to companies that it says were advertising health claims for CBD products “without competent... Read more
Medicine Man Technologies Enters into Binding Term Sheet to Acquire Strawberry Fields, an Integrated Operator in Southern Colorado Strawberry Fields brings four dispensaries, manufacturing facilities, and over two acres of greenhouse cultivation facilities to the Company Extends its successful branded cannabis products, including Devour, an award-winning and fast-growing brand... Read more
Aurora Cannabis Announces Financial Results for the Fourth Quarter and 2019 Fiscal Year Generates Net Revenue of $98.9 Million, Up 52% From Prior Quarter Cannabis Net Revenue Increases 61% to $94.6 Million From Prior Quarter Reports Gross Margin on Cannabis Net Revenue of 58% EDMONTON, Sept. 11, 2019 /PRNewswire/... Read more
In an 8-K filing released after the close, Tilray (NASDAQ: TLRY) announced that Cowen and Company has been selected to sell up to $400 million in stock once an S-3 registration statement is effective. Any sales will be an “at-the-market offering”: Pursuant to the Sales Agreement, each time Tilray wishes... Read more
An Oregon individual’s death has been linked to vaping products purchased from two of the state’s cannabis shops before falling fatally ill, but officials are staying mum about which stores exactly. The state’s Health Authority has launched an investigation into the death, which occurred in July after the individual... Read more
The young mayor of a Massachusetts town is in big trouble after federal agents announced on Friday that they were bringing charges of bribery, extortion, wire fraud, and filing false tax returns against him in connection with gouging marijuana entrepreneurs looking to open businesses in his town. The crazy... Read more
If you’re counting down the 2020 presidential election, today marks an important milestone on the campaign trail, with 420 days left until it’s time to cast your ballot. And if, like many Americans, you’re making marijuana policy reform a priority next year, as in finally making marijuana legal across... Read more
Cannabis industry professionals from around the world will focus on the evolving market for legal marijuana when CanEx Jamaica Business Conference and Expo 2019 comes ashore at Montego Bay on September 26 through 28. Billed as the premier business-to-business conference in Latin America and the Caribbean, CanEx Jamaica brings... Read more
Aurora Cannabis Closes Expanded C$360 Million (US$280 Million) Credit Facility EDMONTON, Sept. 9, 2019 /CNW/ – Aurora Cannabis Inc. (“Aurora or the “Company”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, is pleased to announce that it has closed its previously announced amended and... Read more
