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Confident Cannabis Raises $12M Series A To Expand Wholesale Platform Nationwide
Wednesday, May 1, 2019 - 1:33pm | 305Confident Cannabis, a cannabis wholesale platform powered by verified lab data, raised $12 million in Series A funding to accelerate growth and expand into new markets. What Happened The round was led by San Francisco-based Poseidon Asset Management, one of the leading cannabis-focused funds. Other...
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Aurora Cannabis Expands Testing Capabilities With Chemi Pharmaceutical Acquisition
Thursday, April 25, 2019 - 2:37pm | 284Canadian cannabis producer Aurora Cannabis Inc (NYSE: ACB) said Thursday that it entered into a binding share purchase agreement to acquire Ontario-based laboratory operator Chemi Pharmaceutical. What Happened The acquisition will be conducted in cash and stock. Aurora did not disclose the amount,...
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Hound Labs Announces Positive Results Of Second Clinical Trial Of THC Breathalyzer
Wednesday, February 27, 2019 - 12:15pm | 655Breath diagnostics company Hound Labs announced the results of the second clinical trial done in collaboration with the University of California, San Francisco that aims to identify the presence of tetrahydrocannabinol (THC) using a breathalyzer developed by Hound Labs. The trial was successful,...