Alberta-based licensed producer Sundial Growers has filed its IPO registration in an attempt to become the second Canadian LP to list solely on the NASDAQ, following Tilray’s (TLRY) listing a year ago. The proposed $100 million offering doesn’t yet have pricing information, but the company has reserved the ticker... Read more
Jushi Holdings Inc. To Acquire Its First Operating Adult-Use Location In California Through The Acquisition Of A San Diego Dispensary The San Diego dispensary is strategically located off the I-8 Freeway with the ability to offer delivery in San Diego and neighboring cities BOCA RATON, Fla., July 4, 2019... Read more
A congressional subcommittee has scheduled a hearing for next week to explore reforming federal marijuana laws. The hearing of the House Judiciary Subcommittee on Crime, Terrorism, and Homeland Security will be held at the Rayburn House Office Building at the nation’s Capitol on Wednesday, July 10. The hearing, dubbed... Read more
The people of Michigan are one step closer to the development of their recreational marijuana industry. Governor Gretchen Whitmer signed a set of emergency rules into effect on Wednesday that detail licensing applications and the difference between the state’s recreational and medicinal systems. Voters approved a ballot measure authorizing... Read more
Brick-and-mortar cannabis stores have so far been hard to come by in Ontario. But come October, Canada’s most populous province should have 50 more marijuana shops, and eight of them will be on First Nations reserves. On July 3, the Government of Ontario announced plans for a second round... Read more
Oklahomans overwhelmingly approved a measure last summer to legalize medical marijuana. Now the treatment is in overwhelming demand. The Oklahoma Medical Marijuana Authority (OMMA) said this week that, as of Monday, it has approved 146,381 licenses for patients to receive medicinal cannabis, along with 958 licenses granted to caregivers.... Read more
On July 1, a trio of medical marijuana bills signed in March by Virginia Governor Ralph Northam went into effect. Each expands Virginia’s medical marijuana program in important ways, from increasing access for students and people with disabilities to giving doctors more control to recommend medical cannabis. After an... Read more
Democratic Gov. Phil Murphy of New Jersey signed a bill on Tuesday that expands the state’s medical cannabis program. Under the measure, the Jake Honig Compassionate Use Medical Cannabis Act, the state will add more licenses for providers in the medicinal cannabis program, patients will be allowed to legally... Read more
Canopy Growth Announces Leadership Transition Bruce Linton to step down as co-CEO and Canopy Board member Mark Zekulin remains CEO Company Launches Search to Identify Leader to Guide Next Phase of Growth TORONTO and SMITHS FALLS, ON, July 3, 2019 /PRNewswire/ – Today, Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) and Bruce... Read more
Flower One Announces Debt Financing of up to US$30 Million TORONTO, July 2, 2019 /CNW/ – Flower One Holdings Inc. (the “Company”) (CSE: FONE) (OTCQX: FLOOF), today announced that it has entered into a debt financing agreement (the “Agreement”) with RB Loan Portfolio II, LLC for up to US$30,000,000. With the completion and... Read more
