Constellation Brands To Invest $4 Billion USD In Canopy Growth

Web PNG-Constellation Brands Black and White Vertical Logo

Expands Strategic Partnership to Accelerate Canopy Growth’s Global Expansion Plans  CANADA: Constellation Brands, a leading beverage alcohol company, and Canopy Growth, a leading diversified cannabis company have announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. Constellation Brands will increase its ownership Read the full article…

IGC To Enter California Market With Hyalolex

IGC to Enter California Market with Hyalolex, its lead cannabis-based supplement for treating and managing Alzheimer’s patients.

MARYLAND: India Globalization Capital (IGC) has designated California as a priority market for Hyalolex, its lead cannabis-based supplement for treating and managing Alzheimer’s patients. “The cannabis market is showing explosive growth and we are aggressively moving forward with our vision of owning and marketing the leading brands for large medical indications such as Alzheimer’s, Parkinson’s, PTSD, Read the full article…

Lineage To Acquire Harborside’s Iconic California Dispensaries And Cultivation Campus

Lineage to Acquire Harborside’s Iconic California Dispensaries and Cultivation Campus, Creating California’s Premier Vertically Integrated Cannabis Company

 Creating California’s Premier Vertically Integrated Cannabis Company CALIFORNIA: Lineage Grow Company and FLRish, a California corporation d/b/a Harborside, have entered into a binding letter agreement that will result in, among other things, Lineage acquiring all of the issued and outstanding securities of Harborside on a debt free basis in exchange for newly issued common shares of Lineage valued Read the full article…

LDB Issues Product Call For Non-Medical Cannabis

LDB issues product call for non-medical cannabis

CANADA: The BC Liquor Distribution Branch (LDB) has issued a second product call as part of a continuing effort to expand its wholesale product assortment for non-medical cannabis. In July, the LDB entered into memorandums of understanding with 32 licensed producers to form its initial wholesale product assortment to cater to the B.C. market directly following legalization Read the full article…

Tikun Olam Teams With iaso To Serve Puerto Rico

Tikun Olam grow

PUERTO RICO: Tikun Olam will soon have a presence in Puerto Rico, according to a company press release. Through an exclusive licensing agreement with iaso Corporation,  a leading San Juan-based science and technology company, Tikun products and strains, including the widely researched high-CBD Avidekel, will be distributed s throughout the Commonwealth in 2019.  The arrangement with iaso is the tenth struck in the United Read the full article…

Alternative Health Inks Multi-State Lab Deal

Alternative Health to provide laboratory services for a large multi-state laboratory provider.

TEXAS: Alternate Health Corp., an international leader in software solutions for the medical cannabis industry, announced today that the Company signed a binding contract on August 6, 2018, to provide laboratory services for a large multi-state laboratory provider.  Alternate Health expects to begin testing samples in August and is targeting a ramp up to a monthly sample Read the full article…

Mentor Capital Upgraded To OTCQX Best Market

Marijuana and Cannabis M&A Company Trades on Top OTC Market Tier

CALIFORNIA: Mentor Capital, an M&A and funding provider for the cannabis and medical marijuana sector, will start to trade on the OTCQX Best Market effective today. Mentor joins more than twenty companies during 2018 that have upgraded to OTCQX from the OTCQB® Venture Market, according to OTC Markets Group, Inc. U.S. investors can find current financial disclosure Read the full article…

Sproutly Closes Acquisition of Infusion Biosciences Canada And SSM

Sproutly Closes Acquisition of Infusion Biosciences Canada and SSM

CANADA: Sproutly Canada has completed the acquisition of all of the issued and outstanding shares of Infusion Biosciences Canada, according to a company press release. “We are extremely excited to finalize this Acquisition, enabling Sproutly to commercialize the APP Technology in major regulated markets around the world with innovative cannabis products that target the $50+ billion Read the full article…

Aphria Secures $25 Million Loan From WFCU Credit Union

Marijuana is big business

CANADA: Aphria has secured $25 million in debt financing from WFCU Credit Union, according to a company press release. The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year Read the full article…

Molson Coors Canada and HEXO Announce Agreement to Create JV Focused On Cannabis-Infused Beverages

Molson Coors Canada and HEXO Announce Agreement to Create Joint Venture Focused on Non-Alcoholic, Cannabis-Infused Beverages for the Canadian Market

CANADA: Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and leading Canadian cannabis producer, The Hydropothecary Corporation (HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. The joint venture Read the full article…