BC Supreme Court Green Lights Canopy Growth Deal with Acreage Holdings Yielding $2.63 per Share Payment
FeaturedTrending Stories June 21, 2019 0
Acreage Obtains Final Order for Plan of Arrangement with Canopy Growth and Confirms Record Date for Acreage Shareholders Entitled to Receive the Option Premium SMITHS FALLS, ON and NEW YORK, June 21, 2019 /PRNewswire/ – Acreage Holdings, Inc. (“Acreage”) (CSE:ACGR.U) (OTC: ACRGF) (FSE: 0ZV) and Canopy Growth Corporation (“Canopy... Read more
Canopy Growth Corporation reports fourth quarter and fiscal 2019 results with annual sales of $226.3M Achieved annual net revenue growth of 191% to $226.3 million. Generated $140.5 million of gross revenue from new Canadian recreational channel and $78.9 million in global medical sales. Fourth quarter revenue growth of 13%... Read more
New Study Finds Correlation Between Cannabis Use and Preterm Birth
FeaturedTrending Stories June 20, 2019 0
Researchers at the Ottawa Hospital Research Institute found that cannabis use during pregnancy may increase the risk of delivering the child early. The study, which was published Tuesday in the Journal of the American Medical Association, evaluated 661,617 pregnancies, among them 9,427 women who said they were cannabis users.... Read more
Doctors Pen Op-Ed Urging States to Raise Legal Cannabis Consumption Age to 25
FeaturedTrending Stories June 20, 2019 0
Here’s the latest proclamation to fan the flames over the country’s burgeoning marijuana legalization movement; a group of doctors published an op-ed in the Sunday New York Times advocating for the legal age of cannabis consumption to be raised to 25. Physicians Kenneth L. Davis and Mary Jeanne Kreek... Read more
Massachusetts Secretary of State Issues Warning About Cannabis Scams
FeaturedMassachusettsTrending Stories June 20, 2019 0
Massachusetts Secretary of the Commonwealth William Galvin has issued a warning to potential cannabis industry investors to be wary of scams and unscrupulous operators after filing fraud charges against two entrepreneurs in the state. In an alert released by Galvin’s office, the secretary urged investors to approach offers for... Read more
Canopy Growth Progresses with Acreage Acquisition and American Hemp and CBD Operations
FeaturedTrending Stories June 20, 2019 0
Canopy Growth announces shareholder approval in connection with the proposed acquisition of Acreage & provides update on American hemp and CBD operations SMITHS FALLS, ON, June 19, 2019 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to announce that, at a... Read more
Organigram Achieves Cannabis Distribution to All Ten Provinces with Initial Quebec Shipments
FeaturedTrending Stories June 20, 2019 0
Organigram sends first shipment to Quebec; Organigram products now available in all ten provinces MONCTON, NB, June 20, 2019 /PRNewswire/ – Organigram Holdings Inc. (TSXV: OGI) (NASDAQ: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce that... Read more
SPAC Investors Spurn KERN and Miss Out on $176 Million in Gains
FeaturedTrending Stories June 20, 2019 0
Most of the investors who sat in the special-purpose acquisition corporation (SPAC) MTech Acquisition for more than a year before deciding they didn’t like the investment into MJ Freeway must be questioning their decision to abandon their investment this week. According to an SEC 8-K filing issued by Akerna... Read more
New York Lawmaker Pronounces Marijuana Legalization Bill Dead
FeaturedNew YorkTrending Stories June 19, 2019 0
New York’s bid to legalize the adult use of cannabis is dead for the current legislative session, according to the bill’s primary sponsor. In a statement released Wednesday morning, Democratic Sen. Liz Krueger said that efforts to pass the Marijuana Regulation and Taxation Act (MRTA) had fallen short. “It... Read more
CannTrust Enters U.S. CBD Market with California Hemp Joint Venture
FeaturedTrending Stories June 19, 2019 0
CannTrust Establishes U.S. Operations VAUGHAN, ON, June 19, 2019 /PRNewswire/ – Today, CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST, NYSE: CTST), a federally regulated licensed producer of medical and recreational cannabis with more than 72,000 patients in Canada, announced that it is establishing operations in the United... Read more