-
The Week In Cannabis: Corporate 'Carnage,' More Bud From Bud And Latin American Moves
Sunday, October 13, 2019 - 3:40pm | 4561In yet another week packed with cannabis news, we saw Aleafia Health Inc. (OTC: ALEAF) terminate a cannabis supply agreement with Aphria (NYSE: APHA) subsidiary Emblem Corp. after it said the latter failed to provide Aleafia with the equivalent of 175,000 kg in cannabis products. Aphria said...
-
The Week In Cannabis: The Vaping Crisis, Q3 Earnings On The Horizon & More
Sunday, October 6, 2019 - 5:35pm | 2787The cannabis industry continues to be affected by the vaping crisis, with the CDC reporting the number of deaths from a vaping-related illness increased to 18. The number of people affected by the illnesses increased to 1,080 in 48 states and the U.S. Virgin Islands. Amid the outbreak, more than...
-
The Week In Cannabis: SAFE Banking Act Clears House, Australia's Capital Legalizes Recreational Weed And More
Monday, September 30, 2019 - 10:02am | 2900Last week, the U.S. cannabis industry marked an important milestone as on Tuesday the House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act. The bill, which enjoyed strong bipartisan support and passed 321-103, aims to offer legal cannabis businesses access to...
-
The Week In Cannabis: Eaze Countersues DionyMed, CannTrust's License Suspended And More
Sunday, September 22, 2019 - 3:31pm | 2344Eaze, a California-based delivery software company, filed a countersuit against DionyMed Brands Inc (OTC: DYMEF) on Tuesday. DionyMed's COO has resigned and the company is restructuring its debt. The companies have been in a months-long conflict since ending their partnership at the end of...
-
Podcast: The Evolution Of Cannabis Legalization With Benzinga's Javier Hasse
Monday, September 16, 2019 - 2:32pm | 660Podcast via Kannaboomers. “This is a social movement that is moving forward faster than any other social movement in the world and probably in history.“ — Javier Hasse History is being made, day by day, as we move closer to the post-prohibition era for cannabis. Most of us are on...
-
The Week In Cannabis: Big Pharma Makes Moves, Diddy & Wahlberg Go After CBD, Medicine Man Continues M&A Spree
Friday, September 13, 2019 - 4:54pm | 3687This week, we saw Teva Pharmaceutical Industries Ltd (NYSE: TEVA) make a big move in the cannabis industry, through a distribution deal between its subsidiary Salomon, Levin, Elstein, and InterCure Ltd (OTC: IRCLF) subsidiary Canndoc. Meanwhile, Medicine Man Technologies, Inc. (OTC: MDCL) continued...
-
The Week In Cannabis: The Vape Craze, Raises Hit $10B, Aurora Cashes In On TGOD, Seth Rogen's Charity Goes Green
Sunday, September 8, 2019 - 11:32am | 3298The vape craze took over the news this week, as the U.S. debated the perils of vaporized marijuana, following an outbreak of vaping-associated lung illnesses. On Thursday, the New York State Department of Health came out with a theory around vitamin E acetate being the culprit. Meanwhile,...
-
The Week In Cannabis: Moves From The DEA, FDA, USDA; New York Fashion Week; And Quarterly Reports
Sunday, September 1, 2019 - 5:56pm | 4864This week, the U.S. Drug Enforcement Administration said it will expand the number of federal licenses for the research of cannabis; the Food and Drug Administration re-opened its solicitation of public input on a potential reclassification of cannabis under international treaties; and...
-
The Week In Cannabis: Linton Bullish On Canopy; Miley Cyrus, Sarah Silverman, Other Celebs Back Cannabis Company; Canada's New R&D License; And More
Sunday, August 25, 2019 - 2:54pm | 3871Canopy Growth Corp (NYSE: CGC)’s former CEO Bruce Linton, ousted from his spot earlier this year, said this week he was still buying shares of the company despite his termination. The company's strong cash position, international footprint and extensive intellectual property library are...
-
The Week In Cannabis: CannTrust Continues Fall, Earnings A Mixed Bag, Clio Goes Green
Sunday, August 18, 2019 - 8:59am | 4867CannTrust Holdings Inc (NYSE: CTST) plummeted last week after issuing a press release acknowledging it hat failed a Health Canada inspection in July. The company said it accepts the findings and is already taking actions to fix its wrongdoings. Meanwhile, Greenlane Holdings, Inc. (NASDAQ: GNLN)...
-
The Week In Cannabis: CannTrust Rallies Unexpectedly, Josh Kushner And Shane Victorino Join The Industry, And More
Sunday, August 11, 2019 - 2:46pm | 4299In a week with relatively few cannabis news items, Florida state Rep. Shevrin Jones filed a bill to decriminalize the possession and delivery of cannabis; the Mexican government announced a public hearing to discuss the legalization and regulation of cannabis; Josh Kushner’s Thrive Capital...
-
The Week In Cannabis: Aphria's Earnings, New York's Decriminalization, Crapo's Support, Pirro's Involvement
Sunday, August 4, 2019 - 8:30am | 4688New York Gov. Andrew Cuomo signed a bill to decriminalize cannabis use and expunge all criminal penalties for possession of 2 ounces or less of marijuana. Meanwhile, Sen. Mike Crapo (R-ID) came out in support of federal banking protections for state legal cannabis businesses, a federal court...
-
The Week In Cannabis: Tobacco And Retail Stray In The Weeds, Congress Holds SAFE Banking Hearings, New ETFs, And More
Sunday, July 28, 2019 - 3:51pm | 4805Auxly Cannabis Group Inc. (TSX.V: XLY) (OTC: CBWTF) received a $123-million investment via a convertible debenture from tobacco behemoth Imperial Brands PLC (OTC: IMBBY), gaining access not only to a big chunk of capital, but also to Imperial Brands’ vaping technology and vapor innovation...
-
The Week In Cannabis: A New Global Leader, Moves In UK And Colombia, ETFs Outperform
Sunday, July 21, 2019 - 2:31pm | 4852The big item in cannabis last week was Curaleaf Holdings, Inc. (OTC: CURLF) (CSE:CURA)’s acquisition of multi-state operator Grassroots for $875 million in cash and stock. The deal will make Curaleaf the largest cannabis company in the world, as measured by sales. M&A expert Evan Eneman,...
-
The Week In Cannabis: Jay-Z Joins Caliva, Congress Holds Marijuana Hearings, CannTrust Gets Smoked, And More
Sunday, July 14, 2019 - 3:03pm | 4902Beyoncé’s husband Jay-Z entered the cannabis industry this week, announcing he’d be joining the California brand Caliva as chief brand strategist. “Jay-Z entering the cannabis space reaffirms that effective brands will drive the future of the cannabis industry. We...