Tilray Announces Agreement To Export First Shipment Of Medical Cannabis From Portugal To Germany

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CANADA: Tilray, a global pioneer in cannabis research, cultivation, production and distribution, today announced it has entered into an agreement with Cannamedical Pharma GmbH (“Cannamedical”) through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. (“Tilray Portugal”), to export a wholesale shipment of $3.3 (€3) million worth of medical cannabis from Portugal to Germany. The shipment, which is Read the full article…

Cannapreneur Partners Appoints Former American Express Senior Manager Doug Lennick To Executive Board

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MASSACHUSETTS: Cannapreneur Partners, the Westborough, Mass-based holding company finding the cannabis world’s 1% outlier entrepreneurs and industry investment opportunities currently in the middle of a $150 million fundraise round open to investors, has announced the appointment of Doug Lennick to their Executive Board of Directors.  Lennick is world-renowned for innovative approaches to developing high performance in Read the full article…

Global Cannabis Business Leaders, Scientists, Technologists & Thought Leaders Gather For CannaTech Cape Town, South Africa, November 24 – 26, 2019

CannaTech Cape Town

ISRAEL: As the global medical cannabis market continues to expand and increasing numbers of countries around the globe legalize its use, the renowned CannaTech Summit will take place for the first time on the African Continent in Cape Town, South Africa, November 24 – 26 at The Lookout, V&A Waterfront. With estimates that the cannabis Read the full article…

Tikum Olam Launches Tikun Hemp

Tikun Olam Hemp

NEW YORK:  Tikun Olam, the global pioneer in cannabis science and medicine, announces the launch of Tikun Hemp™, its first hemp-based product line, available exclusively in the United States. Tikun Hemp offerings include broad-spectrum CBD tinctures, topicals and softgel capsules, all shipped directly to consumers via the Tikun Hemp website. “Tikun’s mission is in its name to “repair Read the full article…

Illinois Passes Transformative Adult-Use Cannabis Legalization with Sales Starting January, 2020

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multistate cannabis operators in the United States, today provided comments on the legalization of adult-use cannabis in its home state of Illinois. Cresco Labs CEO & Co-Founder Charlie Bachtell served on the Cannabis Legalization Subcommittee of Illinois Governor JB Pritzker’s transition team as the sole representative Read the full article…

NJ Governor Murphy & Legislative Leadership Announce Agreement On Outlines Of Legalization Of Adult-Use Marijuana

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Agreement Reached on Tax Rate, Regulatory Structure, and Expungement Provisions NEW JERSEY: Governor Phil Murphy, Senate President Steve Sweeney, Assembly Speaker Craig Coughlin, Senator Scutari, and Assemblywoman Quijano today announced an agreement on the broad outlines of legislation to legalize adult-use marijuana in New Jersey. “Legalizing adult-use marijuana is a monumental step to reducing disparities Read the full article…

Altria Becomes Largest Shareholder in Cronos Group, A Leading Global Cannabinoid Company

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VIRGINIA: Altria announced the completion of its approximately USD $1.8 billion (CAD $2.4 billion) investment in Cronos Group, a leading global cannabinoid company, following receipt of shareholder and Canadian regulatory approvals. Altria’s investment represents an approximate 45% economic and voting interest in Cronos Group with a warrant to acquire additional ownership at a price of CAD $19.00 Read the full article…

Delaware Attorney General Calls For Expanding Use Of Civil Penalties For Marijuana Violations

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DELAWARE: Delaware prosecutors will no longer be encouraged to pursue criminal charges against those who possess marijuana for personal use, according to guidelines issued last week by the state’s new Attorney General, Kathleen Jennings. In a February 15th memorandum, Jennings called for sweeping changes to help prioritize resources toward the prosecution of violent criminal offenders and away Read the full article…

New Cannabis Tour Company Is Now Booking Tours To Mendocino.

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CALIFORNIA: Locally owned NorCal Tour Company, Inc announced today that it is now booking tours of California Cannabis Country with its new Mendocino Experience Cannabis Tour. The tour is based on the Northern California wine tour model, taking tourists to licensed legal cannabis farms as well as an inside look at the Northern California cannabis industry. Read the full article…

Governor Evers Announces Proposal to Reform Wisconsin’s Marijuana Laws

Gov Tom Evers

WISCONSIN:  Governor Tony Evers today announced that his budget will include proposals to legalize medical marijuana, decriminalize possession of small amounts of marijuana for personal use, establish an expungement procedure for individuals who have completed their sentence or probation for possession, and align Wisconsin’s laws on cannabidiol, also known as CBD oil, with federal standards. The Read the full article…