Yesterday, Elixinol Global (ASX: EXL) (OTC: ELLXF) requested that trading be halted in connection with a capital raise, with the expectation that the halt might last though June 5th. This evening, the company announced that it has raised A$50 million, selling shares at A$3.90 in a deal led by... Read more
On Tuesday, San Francisco Supervisor Rafael Mandelman announced that the city would soon be accepting applications for city permits to allow legal cannabis sales and consumption at public events. That means parades, festivals, concerts, fairs, farmers markets and more could all soon have legal weed available for attendees. And... Read more
Researchers have discovered that a compound found in certain species of moss-like plants called liverworts has properties similar to THC from cannabis. Jürg Gertsch of the University of Bern in Switzerland and a team of researchers recently published their findings in the journal Scientific Advances. Some species in the liverwort genus Radula... Read more
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