420MEDIA Trailblazers In Cannabis: Jeff Binder, CLS Holdings CEO & Chairman

Trailblazer in Cannabis Jeff Binder

Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create a series highlighting entrepreneurs trailblazing the cannabis scene. Each week, we profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Jeff Binder, CEO and Chairman of CLS Holdings USA Inc. 1. Tell us about Read the full article…

New Hampshire: Taxing, Regulating Adult Use Cannabis Market Would Yield $58 Million In New Annual Revenue

New Hampshire Tourism Poster

NEW HAMPSHIRE: Regulating New Hampshire’s existing adult use cannabis market would yield as much as $58 million per year in new annual revenue, according to an analysis authored by the state’s Department of Revenue. Analysts’ estimates are based upon the application of a 15 percent tax rate on commercial transactions. The Department’s report was provided to the state’s Read the full article…

WLCB Proposes Ban On Gummy Bears, Hard Candies And Bright Colored Kid-Friendly Edibles

Moxie Mints at retail

WASHINGTON: Citing safety concerns over accidental ingestion by children, the Washington State Liquor and Cannabis Board is proposing a ban on all candy that might be attractive to children, or confused as regular candy — including popular gummy bears, hard candies and anything brightly colored. A alert of the proposed change was sent from the WSLCB to Read the full article…

MedMen Increases Term Loan Facility to C$100 Million

medmen

CALIFORNIA: MedMen Enterprises announced today that it has closed an additional tranche of its previously announced senior secured term loan with funds managed by Hankey Capital and an affiliate of Stable Road Capital. Pursuant to the terms of the Facility, the principal amount of the loan has been increased by C$5,661,920 to C$99,952,190. The principal amount under Read the full article…

Tilray Announces Proposed Private Placement Of $400 Million Convertible Senior Notes

Tilray Announces Proposed Private Placement of $400 Million of Convertible Senior Notes

CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of Convertible Senior Notes due 2023 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as Read the full article…

Yom Chai Forms Strategic Partnership With Israeli Research and Development Company Kaneh-B

research

Partnership Will Conduct Scientific Clinical Trials On ADHD; Distribute Approved European Dermal Products ISRAEL:  Yom Chai has entered into a strategic partnership with Kaneh-B to co-found the development and clinical validation of a range of cannabis based ADHD products. Yom Chai’s objective is to conduct scientific trials in Israel utilizing various Cannabinoid and Terpene profiles with the goal of Read the full article…

MedMen Acquires Illinois Dispensary Seven Point; Continues US Expansion

Seven Point Oak Park, IL

CALIFORNIA:  MedMen Enterprises announced that it has signed a definitive agreement to acquire Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois. Illinois is one of the fastest growing medical marijuana markets in the country. Since the beginning of the year the number of qualifying patients increased 41 percent Read the full article…

Cannabis Educational and Awareness Campaign, “Hmm Did You Know” Debuts On Cable TV

SenatorNelsonPSAPic

 30-Second Spots Aired On BRAVO, Discovery and The History Channel, Dispelling the Stigma of Cannabis CALIFORNIA: For the first time in history, cannabis education commercials hit mainstream television this week. A groundbreaking media blitz campaign for the upcoming cannabis online TV network Hmm Did You Know (HDYK) aired a number of :30 commercial spots during Read the full article…

MedMen Acquires Monarch Wellness; Expands Reach Into Arizona Medical Marijuana Market

MedMen Acquires Monarch Wellness

CALIFORNIA: MedMen Enterprises  announced that it has signed a definitive agreement with WhiteStar Solutions to acquire control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations through the acquisition of Omaha Management Services, LLC. In addition, MedMen will acquire from WhiteStar their exclusive co-manufacturing and licensing agreements with Kiva, Mirth Read the full article…