MedMen Acquires First Dispensary In San Francisco Bay Area

MedMen Expands Footprint in its Home State into Northern California

CALIFORNIA: MedMen Enterprises announced that it has signed a definitive agreement to acquire a licensed dispensary from Berkeley Patients Group in Emeryville, California. As a result of the transaction, MedMen will have one of only two adult-use licenses issued in the City of Emeryville, just outside San Francisco. The dispensary is located in a young professional hub Read the full article…

FSD Pharma Begins Construction Of Heritage Museum & Flagship Dispensary In Ontario

FV Pharma

CANADA: FSD Pharma Inc. announced that construction has commenced of its heritage museum and flagship dispensary at the former Kraft plant in Cobourg, Ontario, headquarters of its wholly-owned subsidiary FV Pharma Inc. Local politicians and media will be in attendance at the ribbon-cutting ceremony on October 9, 2018 at 11:30 EST in Cobourg at the Head office Read the full article…

Worldwide Legal Marijuana Market Analysis 2017-2018 & Forecast To 2023: A High Growth of 28.09% Is Projected

Bulldog- cannabis-coffeeshop

IRELAND:  The global legal marijuana market was 15.09 billion USD in 2017 and will reach 66.65 billion USD by 2023 with a CAGR of 28.09% during the period, according to a new market research report,  “Global Legal Marijuana Market – by Type, Application, Region – Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” published Read the full article…

Tilray Strengthens Presence in Latin America With Acquisition Of Alef Biotechnology

Alef Chile Acquired by Tilray

CANADA: Tilray, Inc., a global leader in cannabis research and production, today announced that it has completed an acquisition of its existing import and distribution partner Alef Biotechnology SpA. The acquisition will allow Tilray to import, produce and distribute Tilray branded medical cannabis products in Chile and to create a hub to distribute Tilray products throughout Read the full article…

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…

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…