Cannabis

Rec Cannabis To Become Legal In Illinois, Some Questions Still Linger

Rec Cannabis To Become Legal In Illinois, Some Questions Still Linger

With recreational marijuana set to become legal in Illinois on Jan. 1, local governments are going to have to decide where people will and won’t be able to consume cannabis. Illinois has had a smoking ban since 2008 that prevents people from smoking inside workplaces, bars, restaurants, concert halls and gaming facilities, among other places, because of...

CBD Company Takes 25% Stake in Jones Soda

CBD Company Takes 25% Stake in Jones Soda

Jones Soda came closer to producing a line of CBD-infused drinks yesterday as Hemp and CBD portfolio company HeavenlyRx Ltd., a subsidiary of SOL Global Investments, announced yesterday it has acquired a 25% stake in the Seattle-based beverage maker. Under the terms of the agreement, HeavenlyRx paid Jones Soda $0.60 per share for 15 million common shares...

CannTrust Management Unaware Of Unlicensed Cannabis Rooms

CannTrust Management Unaware Of Unlicensed Cannabis Rooms

TRST shares continue to drop Yesterday's news of cannabis giant CannTrust's (TRST) unlicensed rooms debacle caught a lot of people off guard. The company is arguably one of the leading LP's in the sector, and for a giant to be so negligent about its business practices sent ripples through the cannabis space. TRST shares were down over 21%...

CannTrust Proves To Be Not So Trustworthy

CannTrust Proves To Be Not So Trustworthy

Canntrust's (TRST) stock is currently down over 21% today on news that the company has been dealing cannabis grown in unlicensed rooms. Despite CEO Peter Aceto's warm and inviting smile in the photo above, his company is facing some harsh scrutiny in the market this morning. According to Aceto, Health Canada inspectors made a surprise visit to...

Finally, A Properly Branded Cannabis Cosmetics Company

Finally, A Properly Branded Cannabis Cosmetics Company

Yield Growth Corp I spent 7 months living at $500 dollar per day / 5 star yoga retreat in Thailand back in 2017. I was lucky enough to be running their online marketing, and in return was given a place to live and the freedom to do every class, workshop, meditation etc. What I realized from this...

Bruce Really Is Now On the Loose

Bruce Really Is Now On the Loose

Bruce Linton, now former CEO of Canopy Growth (CGC) is one of the mot recognizable faces in the industry as he has lead Canopy to be the most well known cannabis company on earth. Today's news of Bruce's exit is surprising, but many speculate it has to do with Canopy's recent earnings report, and that the decision...

BaM Enters Into Definitive Asset Purchase Agreement for ShowGrow California Dispensaries

BaM Enters Into Definitive Asset Purchase Agreement for ShowGrow California Dispensaries

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2019) - Body and Mind Inc. (CSE: BAMM) (OTC Pink: BMMJ) (the "Company" or "BaM"), is pleased to announce the Company has entered into a definitive asset purchase agreement (the "Purchase Agreement") to acquire a 100% ownership interest in ShowGrow's Long Beach, California dispensary, a settlement agreement ("NMG SD Settlement") to acquire a...

Harvest One Completes Acquisition of Delivra

Harvest One Completes Acquisition of Delivra

TORONTO, July 3, 2019 /CNW/ - Harvest One Cannabis Inc. (TSXV: HVT, OTCQX: HRVOF – "Harvest One") and Delivra Corp. (TSXV: DVA – "Delivra") are pleased to announce today that they have completed the previously announced plan of arrangement (the "Arrangement") under the provisions of the Business Corporations Act (Ontario), pursuant to which Harvest One acquired all of the issued and outstanding common shares of...

Zenabis Arranges $30 Million Non-Dilutive Financing via Supply Agreement with Tilray

Zenabis Arranges $30 Million Non-Dilutive Financing via Supply Agreement with Tilray

VANCOUVER, July 2, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today announced that its wholly-owned subsidiary, Zenabis Ltd., has entered into an agreement with High Park Holdings Ltd. ("High Park") (the "Supply Agreement"), a wholly-owned subsidiary of Tilray, Inc. (NASDAQ:TLRY) ("Tilray"), pursuant to which High Park will advance CAD $30 million to Zenabis (the "prepaid amount") in return for a supply of...

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