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The Week In Cannabis: New Mexico, Switzerland, Federal Legalization, Aphria, Organigram And More
Friday, April 16, 2021 - 5:21pm | 2613In spite of some good news on the legalization front, cannabis stocks traded down this week, largely driven by lackluster earnings reports out of big Canadian companies. On Monday, New Mexico became the latest state to legalize adult-use cannabis, after Gov. Michelle Lujan Grisham signed the...
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The Week In Cannabis: Glass House, Canopy, Curaleaf, Trulieve, Virginia And More
Friday, April 9, 2021 - 6:10pm | 2693In a week where overall markets traded up, cannabis stocks were in the red, despite a series of big news, M&A and financing announcements. Special purpose acquisition company Mercer Park Brand Acquisition Corp. (NEO:BRND.A.U) (OTCQX: MRCQF) will acquire vertically integrated California cannabis...
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Willie Nelson, Luck Presents To Hold Virtual Cannabis Convention As Part Of 'High Holidays' Celebration
Friday, April 9, 2021 - 8:10am | 363Willie Nelson and Luck Presents will hold a virtual cannabis convention Luck Summit: Planting the Seed, on April 26, reports Rolling Stone. The event, hosted by Nathaniel Rateliff, aims to support HeadCount’s Cannabis Voter Project, which helps with cannabis education. The convention is set...
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Green Thumb Receives Incentives To Build New York Cannabis Facility At Former Federal Prison
Thursday, April 8, 2021 - 4:58pm | 402Orange County, New York's Industrial Development Agency said Wednesday it has approved local financial incentives for cannabis company Green Thumb Industries Inc (OTCQX: GTBIF) (CSE: GTII) to build a marijuana cultivation and manufacturing facility. Green Thumb plans to buy the remaining...
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Virginia Adult-Use, Home Growing Cannabis Law To Take Effect July 1, Three Years Ahead Of Schedule
Thursday, April 8, 2021 - 1:54pm | 509Virginia became the first state in the South to legalize adult-use cannabis after the state's lawmakers approved Wednesday several changes to cannabis bills SB 1406 and HB 2312, proposed by Virginia Governor Ralph Northam, writes NORML. What happened The two bills would create a...
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Raúl Elizalde On The Benefits Of Cannabis Legalization In Mexico, Potentially The Biggest Market In The World
Thursday, April 8, 2021 - 10:15am | 1314Last November, the Mexican Senate passed a recreational cannabis project, taking the first step on the road of potentially creating the biggest cannabis market in the world. Most recently, the Chamber of Deputies passed the bill with a few changes. The amended bill was supposed to be approved...
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Billionaire Charles Koch, Weldon Angelos Launch The Cannabis Freedom Alliance
Wednesday, April 7, 2021 - 12:58pm | 410A new coalition dubbed The Cannabis Freedom Alliance was launched Tuesday by right-wing billionaire Charles Koch, and criminal reform advocate Weldon Angelos. What Happened The idea for the alliance came up last summer in a Zoom call between Snoop Dogg, Koch, and Angelos, during which Koch...
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Michigan Cannabis Company Fluresh Launches Cannabis Line Benefiting Expungement Activities
Wednesday, April 7, 2021 - 12:32pm | 300A Michigan-based cannabis company, Fluresh, will contribute $1 from every pack of its new Creamberry 1/8 Jars and 5ct Pre-Rolls to help with expungement activities across the state. In December 2018, Michigan legalized recreational cannabis, and almost two years later, Gov. Gretchen...
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Colorado Cannabis Pioneer Maggie's Farm Celebrates 10 Years, Offers Gifts To Customers
Tuesday, April 6, 2021 - 4:11pm | 264Colorado-based organic cannabis brand Maggie’s Farm will mark its 10th anniversary this year with a 10-day celebration starting April 11. All seven Maggie’s Farms retail stores will offer limited-edition commemorative merchandise, special brand discounts and...
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Slang Worldwide Shares Slightly Slide On Preliminary Results
Tuesday, April 6, 2021 - 1:00pm | 406Slang Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) released Tuesday preliminary, unaudited full-year and fourth-quarter 2020 financial results with quarterly revenue of CA$9.66 million ($7.7 million), compared to CA$8.7 million in the same period of 2019. Financial Highlights The cannabis consumer...
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Stigma Grow Teams Up With Sundial Growers To Produce Live-Resin Cannabis Concentrates
Tuesday, April 6, 2021 - 12:41pm | 345Stigma Grow and its parent company, CanadaBis Capital Inc. (TSXV: CANB) signed a third-party production agreement with Sundial Growers Inc (NASDAQ: SNDL) to manufacture several of Sundial’s hydrocarbon concentrates. Under the deal, Sundial will supply its input for ...
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Hexo Launches Bake Sale Value Brand For Those Who Enjoy Cannabis Cooking
Tuesday, April 6, 2021 - 12:22pm | 326Consumer packaged goods cannabis company HEXO Corp (TSX: HEXO) (NYSE: HEXO) announced Tuesday it is launching a new brand dubbed Bake Sale. The initial offering will feature an "All Purpose Flower Sativa" and "All Purpose Flower Indica," both in 28-gram packs. In the...
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Fyllo Raises $30M In Series B Round Led By JW Asset Management, Sol Global
Tuesday, April 6, 2021 - 12:08pm | 536The cannabis compliance technology platform Fyllo said Tuesday it has raised $30 million via an oversubscribed Series B round co-led by JW Asset Management and Sol Global. Other participants in the funding round include Entourage Effect Capital, Arcadian Capital Management, K2,...
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Cannabis Regulatory Update: NY Govt. Website, D.C. Ready For A Regulated Market, Three Bills In Montana
Monday, April 5, 2021 - 5:39pm | 712New York Launches Government Website With All The Information On Cannabis Legalization In The State After signing adult-use cannabis into law last Wednesday, New York Governor Andrew Cuomo had taken the first step toward its implementation, launching a new cannabis-focused government website on...
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Benefit Concert To Honor The Legacy Of Charlotte Figi
Monday, April 5, 2021 - 1:21pm | 376Charlotte Figi, a young girl from Colorado, who helped spread the word about the benefits of CBD in those suffering from rare forms of epilepsy, will never be forgotten. This week, on April 7th, a benefit concert in her honor will be held in her memory. Charlotte's Story Charlotte became famous...