Circle K’s Parent Company Invests in Canadian Cannabis Retailer Fire & Flower
FeaturedTrending Stories July 25, 2019 0
Owner of the Circle K chain of retail stores, Canada’s multinational convenience-store business Alimentation Couche-Tard has announced that it is investing in Fire & Flower Holdings Corp., owners of the Fire & Flower Inc. cannabis retailer in Canada. Fire & Flower offers a curated selection of hand-picked strains, in... Read more
Quebec Announces Rigid Regulations on Edibles Ahead of Federal Legalization
FeaturedTrending Stories July 25, 2019 0
In June, the Canadian department of health released federal regulations for cannabis edibles, ostensibly legalized when the country’s voters authorized legalization last fall. Not everyone was pleased with Health Canada’s new rules, which instituted a maximum of 10 milligrams of THC per packaged product, and banned added sugars, sweeteners,... Read more
New Poll Finds American Marijuana Use Roughly Even With Cigarette Smoking
FeaturedTrending Stories July 25, 2019 0
Your chances of encountering an American who smokes cigarettes is just about as likely as crossing paths with one who smokes weed. That’s just one takeaway from a new Gallup poll, which found that the rate of cigarette smoking in the country has plummeted to an historic low. According... Read more
Medical Marijuana Dispensary Shut Down After Owner Was Caught Selling Meth
FeaturedOklahomaTrending Stories July 25, 2019 0
An Oklahoma medical marijuana dispensary has been shut down after the owner of the shop was arrested on Wednesday for selling meth. Agents with the Oklahoma Bureau of Narcotics (OBN) arrested Jeffrey Peregrino, 38, the owner of the Left Handed Okies medical marijuana dispensary in Spiro, Oklahoma, who faces... Read more
Juneau City Officials Approve On-Site Cannabis Consumption at Dispensaries
AlaskaFeaturedTrending Stories July 25, 2019 0
City officials in Juneau, Alaska approved an ordinance on Monday that will allow the on-site consumption of cannabis products at licensed marijuana dispensaries. The ordinance was passed by the City and Borough of Juneau Assembly at Monday’s meeting by a vote of 6 to 2. Under the measure, Juneau... Read more
Tobacco Giant Imperial Brands to Take 20% Stake in Canadian Cannabis Company Auxly for C$123 Million
FeaturedTrending Stories July 25, 2019 0
Auxly Welcomes $123 Million Investment and R&D Partnership with Imperial Brands Imperial Brands to invest approximately $123 million by way of a debenture convertible into 19.9% ownership of Auxly at a conversion price of $0.81 per share Auxly granted global licences to Imperial Brands’ vaping technology and intellectual property... Read more
SUM Microdose Tablets Expands Into California Cannabis Market
CaliforniaFeaturedTrending Stories July 24, 2019 0
Colorado biotechnology company KelSie Biotech announced on Tuesday that its SUM Microdose line of products is expanding into California’s legal cannabis market. The company’s cannabis-infused products will be manufactured by Verde Natural, a cultivator and processor of marijuana products based in Colorado and California. Verde Natural also has a... Read more
Green Growth Brands Prices C$50 Million Sale of Units at $2.45
FeaturedTrending Stories July 24, 2019 0
Green Growth Brands Announces Bought Deal Public Offering of Units COLUMBUS, OH, July 23, 2019 /CNW/ – Green Growth Brands Inc. (CSE:GGB) (OTCQB:GGBXF) (the “Company” or “GGB”) announced today that it has entered into an agreement with a group of investment dealers, led by Canaccord Genuity Corp. (the “Underwriters”),... Read more
WARNING LETTER VIA OVERNIGHT DELIVERYRETURN RECEIPT REQUESTED RE: 579289 July 22, 2019 Dear Joseph Lusardi: This letter is to advise you that the U.S. Food and Drug Administration (FDA) reviewed your website at the Internet address https://curaleafhemp.com in April and June 2019 and has determined that you take orders there... Read more
Liquor Store Operator Alcanna Leverages Real Estate and Regulatory Experience for Cannabis Retail Opportunity
FeaturedTrending Stories July 24, 2019 0
Exclusive Interview with Alcanna Vice Chair and CEO James Burns Alcanna has been in the private liquor retail business for years, and now the company is making strides in the cannabis business through its Nova Cannabis brand. Vice Chair and CEO James Burns spoke with New Cannabis Ventures about... Read more