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WeedMD Raises $17.25M Via Bought Deal Offering
Friday, March 12, 2021 - 12:46pm | 300Cannabis producer WeedMD Inc. (TSX:WMD) (OTCQX: WDDMF) has secured $17.25 million in financing through a bought deal short-form prospectus offering of its units. The Toronto-based company disclosed Friday it's closing the offering under which it opted to sell roughly 36 million of its units at...
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Regulatory Update: Alabama, New York, New Mexico, Arizona, Morocco
Thursday, February 25, 2021 - 1:21pm | 1000Alabama Legalizes Medical Marijuana Alabama has legalized medical marijuana. The state’s Senate approved the bill, sponsored by Sen. Tim Melson, in a 21-8 vote on Wednesday. The bill was approved by the state’s Senate committee earlier this month and sent to the full floor for review....
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Tilray Debuts In Portugal Ahead Of Merger With Aphria
Monday, February 1, 2021 - 9:48am | 355Cannabis company Tilray Inc. (NASDAQ: TLRY) is poised to enter the Portugal market. The Nanaimo, British Columbia-headquartered company has received all regulatory and market approvals to offer its medical cannabis products to consumers in the South European country. Tilray said it would...
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Verano Debuts In Pennsylvania, Launches Zen Leaf Harrisburg
Wednesday, December 2, 2020 - 2:43pm | 359Cannabis company Verano Holdings is cutting the ribbon on its first retail location in Pennsylvania. The new store — located 137 S. 17th Street in Harrisburg — is the first of three dispensaries the Chicago-based company intends to launch in the Keystone State. The opening of Zen Leaf...
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Aurora To Reach Israel's Drugstore Channel Via Cantek Deal
Wednesday, November 25, 2020 - 1:57pm | 344Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) is supplying Israel-based Cantek Holdings with bulk dried flower. Edmonton, Canada-based Aurora agreed to provide the medical cannabis company with at least 4,000 kilograms of bulk dried flower yearly. Aurora noted that the finished product...
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Pharmicated To Distribute Cannidex Brands' Product In Oklahoma
Tuesday, November 17, 2020 - 2:11pm | 296Topical cannabis provider Cannidex Brands has inked a licensing deal with Oklahoma-based Pharmicated. Under the agreement, the cannabis wholesale distribution company is granted rights to produce and distribute Cannidex products to medical cannabis dispensaries across the Sooner State. "...
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Why Jefferies Is Losing Its Tilray Buzz
Monday, November 16, 2020 - 4:27pm | 411The bullish case for cannabis company Tilray Inc (NASDAQ: TLRY) can no longer be justified after the company's third-quarter earnings report showed stalling momentum in international markets, according to Jefferies. The Tilray Analyst: Owen Bennett downgraded Tilray from Hold to Underperform...
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Organic Remedies Scores $22M In Financing From Advanced Flower Capital
Tuesday, November 10, 2020 - 6:00pm | 269Organic Remedies Inc. secured $22 million in financing through a credit facility provided by AFC Management LLC (AFC). Organic intends to use the proceeds from AFC Gamma to fund the construction of some 240,000 square feet of cultivation and processing space. In addition, the Pennsylvania...
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Curaleaf Select Brand To Debut In Ohio
Monday, October 5, 2020 - 12:49pm | 299Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) confirmed Monday its Select Oil brand products will be available at Ohio dispensaries, starting with Select Elite cartridges. The Wakefield, Massachusetts-based company intends to introduce other products from its offering across...
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AltMed Enterprises Expands To Ohio Via Deal With Main Street Health
Wednesday, September 2, 2020 - 1:32pm | 286Alternative Medical Enterprises LLC opted to team up with Main Street Health to introduce MÜV medical cannabis line in Ohio. According to a Tuesday’s update, Main Street received the Ohio Certificate of Operation in May. The license allowed Main Street Health to...
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Little Green Pharma Begins Trading On Australian Exchange, Enters Purchase Agreement With Astral Health
Friday, February 21, 2020 - 12:37pm | 331ELIXXER, LTD. (OTC: ELIXF) announced Thursday that Little Green Pharma has commenced trading on the Australian Stock Exchange under the ticker symbol "LPG." The company had a $10-million initial public offering that was completely subscribed with banking group Cannaccord Genuity...
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Spectrum Therapeutics Announces Canadian Mental Health Association Partnership
Wednesday, July 10, 2019 - 2:29pm | 473The medical division of Canopy Growth Corp (NYSE: CGC), Spectrum Therapeutics announced Wednesday that it's collaborating with the Canadian Mental Health Association's "Not Myself Today" workplace mental health program. Medical Cannabis At Work The ...
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Canopy Growth Unveils Spectrum Therapeutics Brand
Tuesday, May 7, 2019 - 3:30pm | 277Canadian cannabis giant Canopy Growth Corp (NYSE: CGC) announced a new global brand that will include all of the company's medical operations. What Happened Canopy's new brand, Spectrum Therapeutics, will incorporate the company's ongoing commercial medical and clinical research...
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CURE Pharmaceutical Expands DEA License To Manufacture Cannabinoid Molecules
Tuesday, March 12, 2019 - 4:32pm | 431CURE Pharmaceutical Holding Corp (OTC: CURR) said Tuesday it managed to broaden its license from the U.S. Drug Enforcement Administration. The expanded license as an authorized manufacturer of Schedule 1 substances to include both cannabis plant extracts and synthetic cannabidiol (CBD) will allow...
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Cowen: Constellation Brands Stakeholders Have Reason To Be Confident In Canopy Growth
Tuesday, September 4, 2018 - 12:27pm | 499Cowen is taking a more constructive view on Canopy Growth Corp. (NYSE: CGC)'s early lead in the cannabis industry after a meeting with the marijuana company's management. The Analyst Cowen analyst Vivien Azer maintained an Outperform rating on Canopy Growth's Canadian stock ...