Tilray Files Application To IPO On Nasdaq

Tilray Inc. Announces Filing of a U.S. Registration Statement and Application for Proposed IPO on Nasdaq

Company has also filed a Canadian Preliminary Prospectus for Proposed IPO, in order to qualify the offering of securities in Canada and to ensure purchasers in Canada are not subject to resale restrictions  CANADA: Tilray, a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, has announced the filing of a registration statement with the U.S. Securities and Read the full article…

Farmer Tom Travels To Spain

Farmer Tom Goes To Spain

By Farmer Tom Lauerman Last fall Farmer Tom had a chance to take an international trip to Spain to participate in Spannabis.  I have a long history with one of the private cannabis social clubs in Barcelona, Greenardos.  I first met them when they stayed with us on the farm for about a month, four years ago. During Read the full article…

Cannabis Sales On The Rise In North America

According to sales data from Colorado’s Department of Revenue released Friday, sales of recreational pot topped $59.2 million for the month, while medical marijuana dispensaries pulled in $41.4 million, for a combined $100.6 million — the highest monthly total since legal recreational cannabis sales began there in January 2014.

NEW YORK: The global legal cannabis market was valued at $14.3 billion in 2016 and is projected to grow at a CAGR of 21.1% between 2017 to 2024, while reaching a value of $63.5 billion by 2024, according to a report by Ameri Research. The market is going through a period of robust growth because of increasing legalization and decriminalization Read the full article…

Aphria Selects Great North Distributors For Canadian Distribution Of Adult-Use Cannabis

Cannabis in Canada

CANADA: Aphria and Great North Distributors, a wholly-owned Canadian subsidiary of Southern Glazer’s Wine & Spirits, have signed an agreement for Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, following the legalization of recreational cannabis for adult-use anticipated later this year. Under the terms of the agreement, Great North Distributors Read the full article…

Patients Dramatically Reduce Their Opioid Use Following Cannabis Access

MMJ reduces opioid use

CANADA: Pain patients enrolled in Canada’s legal medical cannabis access program significantly reduce their use of opioids over the long-term, according to longitudinal data provided by Tilray Canada Ltd - one of the nation’s largest, licensed provider of medicinal marijuana products. Investigators assessed opioid use patterns in a cohort of 573 patients using Tilray-provided products. Among those patients who acknowledged Read the full article…

AltMed Raises $35.4 Million To Fuel Growth In Florida, Arizona & Internationally

Marijuana is big business

FLORIDA: Alternative Medical Enterprises, a fully integrated company that brings pharmaceutical industry precision to the development, production and dispensing of medical cannabis, announced it has closed a private placement financing of $35.4 million with an affiliate of MainLine Investment Partners and other investors. “This Financing will help us to conduct a robust launch in the massive medical marijuana marketplace Read the full article…

Isodiol To Acquire California Hemp Farm Farmtiva

The exclusive partnership with the Imperial Valley Conservation Research Center and Farmtiva will harvest the first legally grown hemp in California in 24 years under the Agricultural Act of 2014 § 7606 (“2014 Farm Bill”).

CANADA:  Isodiol International Inc., a global CBD innovator specializing in the development of pharmaceutical and health and wellness products, has announced that it has entered into a binding agreement to acquire 51% of Farmtiva, a cultivator of hemp with operations in California that provides hemp farming and distribution support for farmers and other industry participants. Farmtiva has Read the full article…

Zenabis Receives Cannabis Plant Sales License

This amended license brings the Company one step closer to increasing its global presence as the prominent industry leader in cannabis innovation, production, and distribution of high-demand cannabis strains.

CANADA: Zenabis, a licensed producer, has announced that Health Canada has issued an amendment to its Producer’s License. Zenabis is now eligible to sell clones to other licensed producers under current Access to Cannabis for Medical Purposes Regulations (ACMPR). The amended license also opens the door for the Company to meet national demand for high-quality cannabis. Read the full article…

INDIVA and Bhang Corporation Create Canadian and International Joint Venture

ancing includes a new USD $8 million Series A, led by Serruya Private Equity, The Delavaco Group and Cresco Capital with early participation by Donald Glover

CANADA: INDIVA Limited has announced a 50/50 joint venture with, and a USD $1 million investment into, Bhang Corporation, an award-winning licensor of cannabis and CBD edibles and concentrates. The joint venture, which is managed by INDIVA, has exclusive rights to manufacture and sell Bhang products in Canada and the right to export those products internationally. Bhang is an intellectual Read the full article…

Canadian Provincial Government Taps Spire Secure Logistics

The Company will be working with the provincial government to implement program system protocols for both retail and online sales of cannabis, focusing on the prevention of organized crime infiltration and black market diversion.

CANADA: Vancouver-based Friday Night Inc. announced today that its subsidiary, Spire Secure Logistics, is providing strategic advice and expertise to a Canadian provincial government for the design and implementation of security programs and infrastructure for the legal distribution and sale of cannabis. Spire is a leading provider of security consultation for the legal cannabis industry Read the full article…