Cannabis Industry’s Largest Private Round to Date Helps Drive Adoption of Sustainable Agricultural Model Structured Around Decentralized Small Farms CALIFORNIA: Flow Kana, the leading sustainable supply chain company and distributor of sungrown cannabis products and services, today announced the completion of a $125 million round of financing – the nation’s largest private funding round for Read the full article…
CANADA: Newstrike Brands, and its wholly-owned subsidiary, Up Cannabis Inc., announce that an Up Cannabis “Experiential Hub” will be featured prominently in Ontario’s first Spiritleaf store, expected to be located in Kingston, Ontario, in connection with a retail agreement entered into between Spiritleaf and a Ontario cannabis retail lottery winner. Inner Spirit Holdings (“Inner Spirit”) (CSE: ISH) announced earlier today that Read the full article…
ARIZONA: Harvest Health & Recreation Inc, a vertically integrated public cannabis company with one of the largest footprints in the U.S., has entered into a binding agreement providing for it to acquire six additional licenses in Arizona. Upon closing, Harvest Health & Recreation Inc. (Harvest) will control 16 licenses throughout its home state of Arizona, the Read the full article…
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’ll profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Joshua Crossney, CEO of CSC Events, the host for the Cannabis Science Conference. Tell Read the full article…
OHIO: Green Growth Brands announced that it has entered into an agreement through which the Company will gain access to 108 prime shop locations in U.S. malls owned and operated by the Simon Property Group. Pursuant to the arrangement, GGB will further expand its chain of CBD-infused personal care product shops under the Seventh Sense Botanical Read the full article…
OHIO: The following are program sales totals from 1/16/2019 to 2/10/2019: Total sales: $732,395 Total volume of product sold: 97.88 pounds The Ohio Medical Marijuana Control Program will provide weekly sales figures through April 1st after which a monthly report will be available. Patient registration information will continue to be reported on a monthly basis.
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NEW JERSEY: ETF Managers Group (ETFMG) announced that the ETFMG Alternative Harvest ETF, better known as MJ, has officially joined the “billion dollar club.” After less than 14 months of trading on the NYSE the Fund achieved an impressive milestone by passing $1 billion in assets under management on February 4, 2019. MJ is now the Read the full article…
NEW YORK: Acreage Holdings announced that its subordinate voting shares have been listed on the open market of the Frankfurt Stock Exchange under the symbol “0VZ.” The Company’s subordinate voting shares continue to be listed on the Canadian Securities Exchange under the symbol “ACRG.U” and on the OTC under the symbol “ACRGF.”
DISTRICT OF COLUMBIA: State and local excise tax collections on retail adult-use cannabis sales surpassed $1 billion in 2018 — a 57 percent increase over 2017 levels, according to data compiled by the Institute on Taxation and Economic Policy. Annual excise tax revenues on adult-use cannabis sales ($1.04 billion) rivaled those for all forms of alcohol $(1.16 billion), Read the full article…
A Highly Curated Cannabis Collection By Michael A. Stusser While we have yet to discover cannabis-infused edible underwear (ewww!), pretty much every other item you might purchase for your puffing-paramour this Valentine’s Day is available in a canna-friendly version! Chocolates? You bet! Candles! Sure thing! And flowers…? Well – obviously! Curated from legal markets across Read the full article…