A new study has found that the rate of cannabis use by teens has gone down in states that have legalized recreational marijuana. Results of the research were published online on Monday by JAMA Pediatrics. To conduct the study, researchers analyzed survey data on marijuana use by 1.4 million... Read more
KushCo Holdings Reports Third Fiscal Quarter 2019 Results Net Revenue Increased 221% Year-Over-Year to $41.5 Million, Setting a New Company Record for Quarterly Revenue; Gross Profit Improved by 4.9% Sequentially to 17.8% on a GAAP Basis GARDEN GROVE, CA / ACCESSWIRE / July 9, 2019 / KushCo Holdings, Inc.... Read more
MedMen Announces Increased Commitment From Gotham Green Partners Gotham Green Partners, with Participation from Wicklow Capital, Commits to Additional US$30,000,000 Equity Commitment, Bringing Total Commitment to US$280,000,000 Amendments to Previously-Announced Facility to Provide Greater Flexibility LOS ANGELES, July 10, 2019–(BUSINESS WIRE)–MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (“MedMen” or the “Company”)... Read more
GrowGeneration Appoints Former Home Depot CEO Bob Nardelli as Senior Strategic Advisor DENVER, July 10, 2019 /PRNewswire/ – GrowGeneration Corp. (OTCQX:GRWG), (“GrowGen” or the “Company”) one of the largest chains of specialty retail hydroponic and organic gardening stores in the world, announced today that it has appointed Bob Nardelli as a strategic advisor. Mr.... Read more
Green Growth Brands to Create First ‘360 Degree’ Cannabis Company Through a Combination with MXY Holdings LLC Moxie has developed award-winning brands and a loyal customer base by producing high-quality and consistent cannabis concentrates and related products across multiple markets Moxie has a current cash balance of ~US$39 million,... Read more
GARDEN GROVE, CA / ACCESSWIRE / July 8, 2019 / KushCo Holdings, Inc. (OTCQX: KSHB) (”KushCo” or the ”Company”), today announced it has filed an application to list the Company’s common shares on the NASDAQ Global Select Market (“NASDAQ”). Listing on the NASDAQ Global Select Market, the highest and most... Read more
Jushi Holdings Inc. Continues Expansion in the Northeastern U.S. by Entering into Acquisition of Virginia-Based Pharmaceutical Processor for Medical Cannabis Extracts – Dalitso LLC holds 1 of 5 conditionally approved applications in Virginia – Acquisition executes on the Company’s US strategy to continue establishing its presence in limited license... Read more
A college in Israel will soon offer an undergraduate degree in medical cannabis, becoming the first institution in the country to offer such a program.  The school, Max Stern Yezreel Valley College, made the announcement Monday, saying that incoming students will be able to earn a bachelor of arts... Read more
CannTrust Statement Regarding Health Canada Audit VAUGHAN, ON, July 8, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST,NYSE: CTST) has received a compliance report from Health Canada notifying the Company that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations. CannTrust has accepted... Read more
SOL Global Completes $50 Million Debenture Financing and Announces Corporate Update TORONTO, July 8, 2019 /CNW/ – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCQB: SOLCF) (Frankfurt: 9SB) is pleased to announce that it has completed a $50,000,000 private placement financing (the “Transaction”) by way of the issue and sale... Read more
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