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…

Future Farm Signs Dispensary Lease for High Traffic Puerto Rico Location

Future Farms Signs Dispensary Deal for Puerto Rico

CANADA: Future Farm Technologies Inc., which has built a portfolio of projects across the United States and the Commonwealth of Puerto Rico, announced that its Puerto Rico subsidiary has signed the first of five planned leases for its Clinica Verde branded Puerto Ricodispensaries. The Company expects to sign two more leases in the next thirty days with the additional two leases Read the full article…

Cronos Group to Begin Trading On Nasdaq Stock Exchange

Cronos joins Nasdaq

CANADA: Cronos Group Inc.has announced that trading of its common shares in the United States will be elevated from the Nasdaq International Designation program to the Nasdaq Global Market (“Nasdaq”). Cronos Group expects that its common shares will begin trading on Nasdaq on February 27, 2018 under the trading ticker symbol “CRON.” Cronos Group will retain its listing on the TSX Read the full article…

Tilray Exports Medical Cannabis To South Africa

Tilray goes to South Africa

First-ever export of plant-derived cannabinoid product to the continent of Africa CANADA: Tilray, a global pioneer in cannabis cultivation, processing and distribution, today announced that it has successfully exported medical cannabis products to South Africa for nationwide distribution to qualified patients through pharmacies. Tilray’s product is the first cannabinoid-based product derived from the cannabis plant that has Read the full article…

Friday Night Inc Acquires Spire Secure Logistic

Spire provides strategic security consulting in Canada, the United States and Latin and South America.

CANADA: Friday Night Inc. has acquired as a wholly owned subsidiary Spire Secure Logistics Inc. (“Spire”), a Canadian private company specializing in security, intelligence, and compliance with international clients and expertise in both the regulated cannabis industry and other sectors. Friday Night agreed to acquire 100% of Spire by the issuance of 7,142,857 common shares at a Read the full article…

Canada: Timeline For Start Of Retail Cannabis Sales Delayed

Canadian pot shops delayed

CANADA: Retailers will be unable to begin legally selling marijuana products to consumers until late summer or early fall, according to Canadian news reports. Lawmakers had initially sought to begin regulating the adult use marijuana market by July 1. In November, members of the House of Commons voted 200 to 82 in favor of Bill C-45 (The Cannabis Act), 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…

MYM Signs MOU With Colombian Medical Cannabis Company

MYM signes MOU with Columbian cultivator

CANADA: MYM Nutraceuticals has signed a Memorandum of Understanding (MOU) with NEWCANNA, a leading Colombian medical cannabis company. MYM and NEWCANNA are proposing to form a new, jointly-owned company in Colombia to focus on the large-scale commercial cultivation and transformation of cannabis and hemp for medical, scientific and industrial purposes, and export to worldwide markets. NEWCANNA has agreements in Read the full article…

Organized Crime Remains Interested In Cannabis Even After Legalization

Only a few die-hard prohibitionists believe that marijuana legalization reduces the overall social harm of the drug, but those who believe that organized crime has lost interest in pot are just as wrong.

By Andrew Richards One of the arguments for legalizing marijuana is that it takes a source of revenue away from organized crime. However, that is not entirely accurate. Legalization and control of cannabis reduces the mob’s take home pay, but it doesn’t eliminate it completely. The economics of black markets simply makes it too attractive. Read the full article…

DOJA ​​Cannabis ​​And ​​Tokyo ​​Smoke ​​Announce ​Merger

Hiku acquires tokyo smoke

Merger ​​creates ​​Canada’s ​​first ​​retail- ​​& ​​brand-focused ​​cannabis ​​producer Two ​​Canadian ​​cannabis ​​lifestyle ​​brands ​​join ​​forces ​​in ​​a ​​transformational ​​transaction, ​​bringing ​​together industry ​​leading ​​management ​​teams, ​​British ​​Columbia ​​curated ​​handcrafted ​​cannabis ​​production, ​​a portfolio ​​of ​​visionary ​​brands ​​and ​​a ​​growing ​​nationwide ​​retail ​​footprint. Provides ​​the ​​first ​​public ​​markets ​​investment ​​opportunity ​​focused ​​on ​​cannabis ​​retail ​​and Read the full article…