Altria to Make Growth Investment In Cronos Group

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Altria to Invest USD $1.8 Billion (CAD $2.4 Billion) for 45% Ownership Interest in Leading Global Cannabinoid Company with Warrant to Increase Ownership to 55% Over Next 4 Years VIRGINIA: Altria Group today announced that it has entered into an agreement to acquire newly issued shares in Cronos Group, a leading global cannabinoid company, headquartered in Read the full article…

Cresco Labs Acquires Assets In Massachusetts With First Cannabis Harvest Planned For Spring 2019

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced a definitive agreement to acquire 100% of the shares and membership interests of Hope Heal Health, Inc. and an affiliated real estate entity. The HHH assets include state registration and licensing that will allow for cultivation, manufacturing, processing, and Read the full article…

Tilray Announces Support For Study Examining Effects Of Driving Under The Influence Of Cannabis

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CANADA: Tilray, a global leader in cannabis research and production, announced that it has partnered with researchers at the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney to complete a study examining the effects of cannabis on driving and cognitive function. “The Effects of Medicinal Cannabinoids on Driving” study was a double blind, placebo-controlled Read the full article…

Sproutly Taps New President From Anheuser-Busch InBev And Kimberley-Clark

Sproutly Taps Bryan Semkuley As New President

CANADA: Sproutly Canada has tapped senior marketer Bryan Semkuley as President of Sproutly to accelerate the Company’s strategic objectives of becoming a leading cannabis formulations company focused on beverages. “We are pleased that Mr. Semkuley has chosen to join the leadership team of Sproutly as President,” said Keith Dolo, CEO and Chairman of Sproutly.  “Bryan brings significant experience Read the full article…

High Times Debt Holders Convert Debt and Agree To Exercise Warrants

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CALIFORNIA: Hightimes Holding Corp., the owner of High Times, the most well-known brand in Cannabis, announced the exercise of warrants and the conversion of outstanding notes into its Class A common stock, resulting in a reduction of approximately $28.6 million of its outstanding debt obligations. The former stockholders of Trans High Corp., the company Hightimes acquired Read the full article…

New Report Details Growth Of Global Cannabis Market to 2023

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IRELAND: ResearchAndMarkets.com has released the “Cannabis Market by Product Type (Flower, Concentrates), Compound (THC-Dominant, CBD-Dominant, and Balanced THC & CBD), Application (Medical and Recreational), and Region (North America, South America, Europe, and Row) – Global Forecast to 2023″ report. Among the highlights: Growing medicinal application of cannabis is expected to drive the overall growth of the cannabis market Read the full article…

How To Choose The Right Kind Of Legal Marijuana For You

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By Nancy Fernandez Legal marijuana marketplaces are opening across the country, introducing a wide variety of strains and infused-products, all carrying individual effects and benefits. The balance of cannabinoids, terpenes, and THC changes the high and medicinal effects of cannabis. There is no single plant which produces an identical effect. Instead, each strain carries its own distinct characteristics. From Read the full article…

420MEDIA Trailblazers In Cannabis: Lelehnia DuBois, Founder Of Humboldt Grace & Publisher Sensi Mag, The Emerald Triangle Edition

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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 we talk to trailblazer, Lelehnia DuBois, Founder of Humboldt Grace and publisher of Sensi Mag, The Emerald Triangle Edition. 1. Read the full article…

Tilray Announces New Subsidiary Tilray Latin America

Alef Chile Acquired by Tilray

Recently acquired subsidiary Alef Biotechnology officially renamed Tilray Latin America CANADA:  – Tilray, a global leader in cannabis research and production, today announced that after completing an acquisition of its existing import and distribution partner Alef Biotechnology SpA, the company has officially relaunched as Tilray Latin America SpA, a wholly-owned subsidiary of Tilray. Tilray Latin America Read the full article…

Ohio Board of Pharmacy Activates MMJ Patient & Caregiver Registry

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OHIO: The State of Ohio Board of Pharmacy today activated the Ohio Medical Marijuana Control Program Patient & Caregiver Registry. The Registry is the online portal where physicians with a certificate to recommend medical marijuana will register patients and caregivers, and also issue recommendations. Patients and caregivers will also complete their registrations, and update their registration Read the full article…