FSD Pharma Appoints Former Member Of U.S. Congress To Its Board of Directors, Announces Share Consolidation

FSD Pharma

CANADA: FSD Pharma announced the appointment of former U.S. congressman Stephen Buyer to the Company’s Board of Directors. The Company also announced that it will complete a consolidation of its class A multiple voting shares and its class B subordinate voting shares each on a 1 to 201 basis. “In welcoming Steve Buyer to the Read the full article…

Cresco Labs Announces Closing Of Acquisition In New York State

Cresco labs MMJ

Acquisition Adds One of Only 10 Vertically Integrated Cannabis Business Licenses Issued by the State of New York ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has closed its acquisition of 100% of the membership interests of Gloucester Street Capital, the parent entity of Read the full article…

Viola Closes $16 Million Investment Round Led By Gotham Green Partners

Viola Al Harrington

CALIFORNIA: Viola, a national leader in the production and sale of premium quality cannabis products founded by NBA veteran Al Harrington, today announced the closing of a $16 million funding round led by Gotham Green Partners. The investment firm, known for its financial support of some of the most reputable cannabis companies in the industry, is the first institutional Read the full article…

The Blinc Group And Think20 Labs Announce Research Partnership Focused On Cannabis Vaping Emissions

Vape Science

NEW YORK: The Blinc Group, the leading provider of customized vaping solutions for the Cannabis industry, and Think20 Labs, an analytical testing laboratory for Hemp and Cannabis, announced a research partnership. The objective of this research is to develop a vaping apparatus that helps identify possible dangerous compounds that are inhaled by consumers. More in-depth Read the full article…

U.S. Federal Cannabis Legalization Could Be Worth $128.8 Billion In Taxes And 1.6 Million Jobs

Marijuana is big business

DISTRICT OF COLUMBIA: New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, releases its new study Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal Read the full article…

Cresco Labs Receives First Adult-Use Cultivation Approvals Granted In Illinois

Cresco Labs

ILLINOIS: Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, today announced that its three cultivation facilities in the state of Illinois have been approved for growing adult-use cannabis by the Illinois Department of Agriculture. The three facilities, located in Joliet, Kankakee and Lincoln, can represent a total combined Read the full article…

Eaze Launches Momentum Cannabis Business Accelerator

Eaze launches Momentum

Program includes ten entrepreneurs; $50,000 grants; ten weeks of business-development courses; marketing and retail resources; access to industry-defining investors CALIFORNIA: Cannabis marketplace Eaze and partners Ultranative and Bail Capital today announced the launch of Momentum, a business accelerator to cultivate the growth and success of underrepresented cannabis business founders. Access to capital is one of many enormous Read the full article…

iAnthus Expands Nevada Footprint With Agreement To Acquire Vertically Integrated Northern Nevada Operator

Sierra Well

NEVADA:  iAnthus Capital Holdings, which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, announced that its U.S. subsidiary has entered into an agreement to acquire WSCC, Inc. (“Sierra Well“), a leading Nevada-based vertically licensed cannabis company with two dispensary locations and over 20,000 square feet of cultivation/production facilities in Reno and Read the full article…

Sproutly Announces Expansion With New Manufacturing Facility In Ontario

Sproutly Canada

CANADA:  Sproutly Canada, announced an expansion of its operations with a new manufacturing facility in close proximity to the Toronto Herbal Remedies Inc production facility in Scarborough, Ontario. The additional property allows the Company to continue to centralize operations in the Greater Toronto Area, as well as providing manufacturing capabilities for it’s proprietary reagents, a key Read the full article…

TerrAscend Completes Acquisition Of Ilera Healthcare

TerrAscend

Expands licensed cannabis footprint to four U.S. states, in addition to global reach into Canada and Europe CANADA: TerrAscend, the first and only global cannabis company licensed for sales in Canada, the US, and the EU, announced it has closed on its previously announced acquisition of Pennsylvania-based Ilera Healthcare, one of five permitted vertically-integrated cannabis Read the full article…