FSD Pharma Achieves Over 4 Billion Shares Traded In First 6 Months

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CANADA:  FSD Pharma announced today that the Company has traded over four Billion Class B subordinate voting shares in its first six months of trading on the Canadian Securities Exchange. During the period of May 29, 2018 to November 29, 2018, the Company traded exactly 4,041,346,300 Class B subordinate voting shares on the CSE. This Read the full article…

New Jersey: Governor Signs Hemp Cultivation Bill Into Law

Gov Phil Murphy

NEW JERSEY: Governor Phil Murphy has signed legislation into law permitting the state to establish a pilot program to assess and promote the cultivation of industrial hemp. Assembly Bill 1330/Senate Bill 3145 authorizes the Department of Agriculture to partner with Rutgers University “to study and promote the cultivation of industrial hemp to the maximum extent permitted by federal Read the full article…

Study: Marijuana Dispensaries Associated With Localized Reductions In Opioid-Related Overdose Deaths

Herb (n) Elements

CALIFORNIA: Counties that permit the operation of medical cannabis dispensaries possess reduced rates of opioid-related mortality, according to the findings of an academic research paper published on the SSRN online network. Researchers from Claremont McKenna College in California, the University of Georgia, and the University of Arkansas at Little Rock assessed the localized impact of dispensary operations on Read the full article…

Michigan: Marijuana Possession Becomes Legal Next Week

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MICHIGAN: Key provisions of the state’s voter-initiated marijuana measure will take effect next week. Members of the Board of State Canvassers certified the midterm election results on November 26, and Proposition 1: The Michigan Regulation and Taxation of Marihuana Act becomes law on Thursday, December 6. Provisions specific to the adult possession and cultivation of cannabis will take immediate Read the full article…

House And Senate Ag Leaders: We’ve Reached Agreement In Principle On 2018 Farm Bill

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DISTRICT OF COLUMBIA: House and Senate Agriculture Committee Chairmen Mike Conaway (R-Texas) and Pat Roberts (R- Kan.) and Ranking Members Collin Peterson (D-Minn.) and Debbie Stabenow (D-Mich.) made the following announcement today on the state of 2018 Farm Bill negotiations:“We’re pleased to announce that we’ve reached an agreement in principle on the 2018 Farm Bill. We Read the full article…

Growpacker Announces Partnership With InterContinental Beverage Capital

Growpacker THC

CANADA: Growpacker Inc., a contract manufacturer of various THC and CBD infused edibles and beverages in the United States, has announced that it has signed a partnership agreement with InterContinental Beverage Capital. IBC is a New York-based advisory and merchant banking firm with representative offices in Atlanta, Boca Raton, Los Angeles, and Lugano, Switzerland. The firm’s founders Read the full article…

Sproutly Adds Former Pernod Ricard Beverage Executive To Advisory Board

Sproutly Canada

CANADA: Sproutly Canada has announced the appointment of Constantine Constandis to the Advisory Board.   Mr. Constandis is a global C-level executive with over 34 years of experience in the wine and spirits industry in Canada, USA, Europe and Asia. Mr. Constandis was a former senior executive with Pernod Ricard SA, the €37B publicly traded producer of wine and Read the full article…

Altitude Investment Management Closes Cannabis Fund I at $30M

Altitude Investment Looks to Fund II

NYC Based Cannabis Investment Firm Successful Fund I Raise, looks to Fund II NEW YORK: Altitude Investment Management announced that it will close Fund I on November 30, 2018 with $30 million raised. Fund I commenced March 1, 2018 and is currently invested in 16 companies which emphasize the fund’s focus on investing in a diverse range Read the full article…

Cura’s Global Expansion Team Now Lead by All-Star Female Executive Team

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OREGON: Cura Partners, one of the largest cannabis companies in the world and maker of the Select brand, today announces further development of its international expansion team. As a part of the company’s growth plan, Amy McClintick moves from Chief Operating Officer to Chief Expansion Officer and Jenny Diggles joins the team as Vice President of International Expansion. Read the full article…