CALIFORNIA: Cannabiniers, a beverage, technology & brand management company revolutionizing the cannabis industry with first to market, patented, safe, natural and fast acting infusion technology, announced the debut of the industry’s first cannabis speakeasy, Dana’s Place, at Las Vegas ReLeaf. Dana’s Place is the first roll-out of dispensary non-infused craft tasting bars offering Cannabiniers’ full portfolio; including Read the full article…
First License to Import, Manufacture, Store, and Distribute Medical Cannabis Containing THC in Mexico CANADA: Aurora Cannabis has announced that the Company has entered into a Letter of Intent to acquire all of the issued and outstanding shares of Farmacias Magistrales, subject to customary due diligence provisions, the completion of definitive agreements, and regulatory and government Read the full article…
DISTRICT OF COLUMBIA: A growing number of banks and credit unions are providing financial services to marijuana-related businesses, according to data released by FinCEN (the US Treasury Department’s Financial Crimes Enforcement Network) and first publicized by the news portal MarijuanaMoment.net. The report acknowledged that the number of financial institutions actively banking with marijuana-related businesses rose from 401 in October Read the full article…
Cannabis retailer arrives in the quad city with grand openings in Council Bluffs and Davenport IOWA: This weekend, Have a Heart celebrates the grand openings of its first stores in Iowa. The company will bring its deep expertise in the medical cannabis industry to the Council Bluffs and Davenport communities. “We started as a medical dispensary many Read the full article…
WASHINGTON: Vivian McPeak, the executive director of Seattle Hempfest, has joined voices with Darrin Grondel, the director of the Washington State Traffic Safety Commission, to get a holiday season message out about the dangers of impaired driving. The pair participated in the production of a video promoting safe driving through awareness about the dangers of driving impaired on Read the full article…
UTAH: Lawmakers voted in a special legislative session on Monday to replace the state’s voter-initiated medical cannabis access program. Republican Gov. Gary Herbert signed the bill, House Bill 3001, into law that same day. The new law, the Utah Medical Cannabis Act, takes immediate effect. The former law, Proposition 2, was approved by 53 percent of voters on November 6. Legislators announced in Read the full article…
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…
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…
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…
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…