Tilray Launches High Park Company to Produce And Distribute Adult-Use Cannabis In Canada

High Park Farms in Enniskillen, Ontario

CANADA: In anticipation of the historic legalization of adult-use cannabis in Canada,  Tilray has announced the creation of wholly-owned subsidiary High Park Company to produce and distribute a broad-based portfolio of cannabis brands and products. As a part of this announcement, the company announced it will be making an investment of up to $10 million in a new facility located in Read the full article…

Tilray Forms Strategic Alliance With Leading Pharmaceutical Company In Canada

Agreement represents major milestone recognizing medical cannabis as a conventional medicine for patients in need

CANADA: Tilray, a federally licensed producer of medical cannabis, announced today that it has signed a binding letter of intent (LOI) to be the exclusive collaborator of a major pharmaceutical company to accelerate innovation and increase availability of high quality medical cannabis products. Through this LOI and the anticipated definitive agreements, Tilray is allied with Sandoz Read the full article…

Tilray Signs LOI with Société des Alcools du Québec (SAQ) To Supply Province With Cannabis

Tilray Canada inks deal with SAQ

CANADA: Tilray, a global pioneer in cannabis cultivation, processing and distribution, has signed a Letter of Intent (LOI) with Société des alcools du Québec (SAQ) to supply the province of Quebec with high-quality cannabis products in anticipation of adult-use legalization later this year. “This LOI is another major milestone for us as we aim to build Read the full article…

The Goodship Joins Privateer Holdings

The Goodship joins Privateer Holdings

WASHINGTON:  The Goodship, Washington state’s popular and beloved cannabis edibles brand, announced today that it has joined the Privateer Holdings family of brands. Together, The Goodship and Privateer Holdings will develop new products and expand the brand’s availability to consumers in new markets across North America. Founded in 2014 by Jody Hall, The Goodship makes “damn Read the full article…

7 in 10 Californians 21 & Older Ready to Use Cannabis Products Recreationally


CALIFORNIA: Enlucem, a strategic brand consultancy currently advising startups in the cannabis space, announced today the results of a detailed consumer study of Californians’ attitudes toward cannabis products. Results of the 800-person survey found that the market potential for medical marijuana and other future cannabis products in California is staggering – between 15 million and Read the full article…

Why Canada’s Better At The Pot Business Than US Is

The first licensed producer has been fully authorized to produce cannabis oil from medical marijuana.

CANADA:  There’s a place where you can buy medical marijuana without any worries, a place where the people growing marijuana wear laboratory-style “clean suits,” where scientists do extensive research into potential treatments using cannabis, and where marijuana business owners can put their cash into a bank account instead of a vault. It’s Canada. “We don’t have Read the full article…

Peter Thiel’s Fund Invests In Marijuana Equity Firm

Founders Fund announced Thursday that it has made a multi-million-dollar investment in the world's first private equity firm investing exclusively in the legal cannabis market.

WASHINGTON:  Peter Thiel, one of the early investors in Facebook, Lyft and Spotify, is turning his attention to marijuana. Founders Fund announced Thursday that it has made a multi-million-dollar investment in Privateer Holdings, the world’s first private equity firm investing exclusively in the legal cannabis market. Founders Fund is backed by Peter Thiel, a co-founder Read the full article…

Marijuana Warehouses To Open Across Washington State

Brendan Kennedy, CEO of Privateer Holdings, parent company of Arbormain in Seattle. The company will be opening I-502-compliant warehouses for marijuana entrepreneurs to grow and process cannabis products.

WASHINGTON: Once the legal market for recreational marijuana opens in 2014, a firm called Arbormain plans to open warehouses around the state to be used by as many as 24 entrepreneurs for growing, processing and testing a range of marijuana products. As the Washington State Liquor Control Board prepares to open the market, it’s taking applications from businesses Read the full article…

Drug Agent Joins Budding Industry

Patrick Moen is leaving the DEA. Privateer Holdings

WASHINGTON: Government officials regularly leverage their public-sector experience into more lucrative jobs in high finance. One former U.S. Drug Enforcement Administration supervisor is giving that track a new twist. Patrick Moen, a longtime DEA agent, has left a post leading a federal team in Portland, Ore., that combats heroin and methamphetamine trafficking to join a private-equity Read the full article…

One Toke Over The Line Now On A High

The retail marijuana industry has brought in more than $15 million in tax revenue for the state

WASHINGTON: When Barack Obama said it was time for Americans to have a national “conversation” on marijuana laws – he was careful to say he did not support legalization – back in December, the President, who smoked pot with the “Choom Gang”, high school stoners, was trying to catch up with the nation’s rapidly shifting mood.