MTech Acquisition Corp. and MJ Freeway LLC Provide Private Placement Update Participants Include Khitan Capital, Cresco Capital Partners II, LLC, and The London Fund NEW YORK, June 12, 2019 (GLOBE NEWSWIRE) — MTech Acquisition Corp. (NASDAQ: MTEC, MTECU, MTECW) (“MTech”), the first US-listed Special Purpose Acquisition Company (SPAC) focused... Read more
Republican Governor Greg Abbot of Texas signed a bill on Monday that will allow farmers in the state to legally grow hemp. The measure, House Bill 1325 (HB1325), also removes hemp from the state’s list of controlled substances and legalizes cannabidiol, or CBD, and products made with the cannabinoid.... Read more
There is an ongoing battle in Los Angeles over the proliferation of illegal cannabis dispensaries, which many in the legal business community say is cutting sharply into their profits. Since illegal dispensaries don’t have to live up to the same guidelines and tax rates as regulated cannabis shops, they... Read more
In recent years, health professionals and policymakers have become increasingly interested in medical cannabis’s potential to reduce opioid use and prevent overdose deaths. Several states have already added opioid replacement provisions to their medical marijuana programs or approved opioid use disorder as a qualifying condition. At the same time,... Read more
Cresco Labs Provides Update on Origin House Acquisition CHICAGO, June 11, 2019 — (Business Wire) — Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today provided an update on its acquisition (the... Read more
Trulieve Announces Pricing of Public Offering of Units TORONTO, June 11, 2019 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) today announced that it has priced its previously announced public offering (the “Offering”) of units of the Company (“Units”) comprised of an aggregate principal amount of... Read more
Tilray, Inc. and Privateer Holdings, Inc. Sign Letter of Intent to Extend Lock-up and Provide for Orderly Release of 75 Million Tilray Shares Held by Privateer Lock-up to be Extended for up to Two Years on 77 Percent of Tilray’s Total Shares Outstanding Transaction Expected to be Tax-Efficient for... Read more
Trulieve Announces Proposed Public Offering Of Units TORONTO, June 10, 2019 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) today announced that it has filed a preliminary prospectus supplement (the “Preliminary Supplement”) to its short form base shelf prospectus dated May 14, 2019 (the “Base Shelf... Read more
Green Growth Brands Continues Rapid Expansion with Plans to Open Over 70 New Locations at Brookfield Properties’ Shopping Centers COLUMBUS, OH, June 10, 2019 /PRNewswire/ – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (“GGB” or “the Company”) announced today an arrangement through which the Company will open over... Read more
In the first of a series of talks focusing on the issue of recreational marijuana legalization, hundreds of Minnesota doctors gathered in Minneapolis to share their views on the issue. To gather input from those doctors, the Minnesota Medical Association conducted a survey of its 600 member physicians. According... Read more
