The Flowr Corporation Announces $43.5 Million Bought Deal Financing TORONTO, July 22, 2019 /CNW/ – The Flowr Corporation (TSX.V:FLWR) (OTCQB:FLWPF) (the “Company” or “Flowr”) announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. (the “Lead Underwriter” and, collectively with... Read more
The city council in Columbus, Ohio is considering cannabis policy reforms that would significantly reduce the penalties imposed for possession of small amounts of marijuana. The council has scheduled a public hearing on a proposed city ordinance to enact the reforms for Thursday evening. Under the proposed ordinance, possession... Read more
On Tuesday, West Hollywood stepped out in front of the cannabis dining and entertainment market by approving the country’s first licensed restaurant featuring THC and CBD-infused food. Lowell Farms — a project of marijuana company Lowell Herb Co. — will also offer an open-air smoking area. While cannabis industry... Read more
The tell-tale smell of cannabis smoke has long been law enforcement’s best excuse for questioning and detaining people over suspected cannabis possession. And police often use “marijuana odor” as a pretense for stop-and-frisks and searches, whether they actually detected a smell or not. But in Florida, the mere odor... Read more
Columbia Care Announces Launch of Share Repurchase Program Company’s board of directors approves $25 million open market repurchase program NEW YORK, July 19, 2019–(BUSINESS WIRE)–Columbia Care Inc. (NEO:CCHW) (OTCQX:CCHWF) (FSE:3LP) (“Columbia Care” or the “Company”), one of the largest fully integrated operators in the global medical cannabis industry with... Read more
DionyMed Signs Definitive Agreements With Innovative Industrial Properties to Finance a Southern California Cannabis Campus Acquisition, Expanding DYME’s Direct-to-Consumer and Distribution Platform Statewide TORONTO, July 19, 2019–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or “Company”) (CSE: DYME)(OTCQB:DYMEF), a multi-state cannabis brands platform, announced today that it has signed a definitive agreement... Read more
A Senate legislative committee has scheduled a hearing on a bill that would give cannabis businesses operating legally under state law access to the U.S. banking industry. The hearing before the Senate Committee on Banking, Housing, and Urban Affairs on “Challenges for Cannabis and Banking: Outside Perspectives” will be... Read more
Joaquín Guzmán Loera, the notorious drug kingpin known as El Chapo, was sentenced on Wednesday to life in prison for his convictions on federal drug, murder, and money laundering charges earlier this year. The sentence marks the end of a 30-year drug trafficking career that saw Guzmán rise to... Read more
With $42 million having been announced in medical marijuana revenue during the first four months of sales in Michigan, the state’s policymakers face a distinct challenge. How do you make sure that a decent slice of that money goes to those who have had their lives turned upside-down by... Read more
A trio of top officials overseeing the fledgling medical cannabis program in Missouri have been subject to questioning by the Federal Bureau of Investigation. The Kansas City Star reported Wednesday that the three officials, all members of Republican Gov. Mike Parson’s administration, described the interviews, which took place over... Read more
