Global Cannabis-Infused Edible Products Expected To Grow +25% CAGR 2018-2022

An Oregon legislator is pushing to go slow on drafting regulations on recreational marijuana after a woman overdosed Monday near Bend after eating pot-infused gummies.

IRELAND: Analysts forecast the Global Cannabis-Infused Edible Products Market to grow at a CAGR of 25.01% during the period 2018-2022, according to the recently published “Global Cannabis-infused Edible Products Market 2018-2022″ report. Cannabis-infused edible products comprise of liquid edible or a drinkable. It is a cannabis product that comprises cannabinoid compounds such as cannabidiol (CBD) and tetrahydrocannabinol Read the full article…

Aphria Signs Agreement To Supply Cannabis To The Manitoba Adult-Use Market

Cannabis in Canada

CANADA: Aphria has signed a Supply Agreement with the Manitoba Liquor and Lotteries Corporation to provide a portfolio of high-quality, branded cannabis and cannabis derivative products for sale in Manitoba’s adult-use market. “We are thrilled to finalize this Agreement with the MBLL,” said Jakob Ripshtein, Chief Commercial Officer at Aphria. “Our broad portfolio of adult-use brands and products Read the full article…

Aurora Cannabis Announces $200 Million Debt Facility With Bank Of Montreal

bankofmontrealwinnipeg1

CANADA:  Aurora Cannabis has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (“BMO”). The facility will consist of a $150 million term loan and a $50 million revolving credit facility (together, the “Loans”), both of which will mature in 2021. A short period after the implementation of Bill C-45 in October 2018, the Company Read the full article…

Tilray Files Application To IPO On Nasdaq

Tilray Inc. Announces Filing of a U.S. Registration Statement and Application for Proposed IPO on Nasdaq

Company has also filed a Canadian Preliminary Prospectus for Proposed IPO, in order to qualify the offering of securities in Canada and to ensure purchasers in Canada are not subject to resale restrictions  CANADA: Tilray, a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, has announced the filing of a registration statement with the U.S. Securities and Read the full article…

Farmer Tom Travels To Spain

Farmer Tom Goes To Spain

By Farmer Tom Lauerman Last fall Farmer Tom had a chance to take an international trip to Spain to participate in Spannabis.  I have a long history with one of the private cannabis social clubs in Barcelona, Greenardos.  I first met them when they stayed with us on the farm for about a month, four years ago. During Read the full article…

Cannabis Sales On The Rise In North America

Dank Denver

NEW YORK: The global legal cannabis market was valued at $14.3 billion in 2016 and is projected to grow at a CAGR of 21.1% between 2017 to 2024, while reaching a value of $63.5 billion by 2024, according to a report by Ameri Research. The market is going through a period of robust growth because of increasing legalization and decriminalization Read the full article…

Aphria Selects Great North Distributors For Canadian Distribution Of Adult-Use Cannabis

Cannabis in Canada

CANADA: Aphria and Great North Distributors, a wholly-owned Canadian subsidiary of Southern Glazer’s Wine & Spirits, have signed an agreement for Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, following the legalization of recreational cannabis for adult-use anticipated later this year. Under the terms of the agreement, Great North Distributors Read the full article…

Patients Dramatically Reduce Their Opioid Use Following Cannabis Access

MMJ reduces opioid use

CANADA: Pain patients enrolled in Canada’s legal medical cannabis access program significantly reduce their use of opioids over the long-term, according to longitudinal data provided by Tilray Canada Ltd - one of the nation’s largest, licensed provider of medicinal marijuana products. Investigators assessed opioid use patterns in a cohort of 573 patients using Tilray-provided products. Among those patients who acknowledged Read the full article…

AltMed Raises $35.4 Million To Fuel Growth In Florida, Arizona & Internationally

Marijuana is big business

FLORIDA: Alternative Medical Enterprises, a fully integrated company that brings pharmaceutical industry precision to the development, production and dispensing of medical cannabis, announced it has closed a private placement financing of $35.4 million with an affiliate of MainLine Investment Partners and other investors. “This Financing will help us to conduct a robust launch in the massive medical marijuana marketplace Read the full article…

Isodiol To Acquire California Hemp Farm Farmtiva

The exclusive partnership with the Imperial Valley Conservation Research Center and Farmtiva will harvest the first legally grown hemp in California in 24 years under the Agricultural Act of 2014 § 7606 (“2014 Farm Bill”).

CANADA:  Isodiol International Inc., a global CBD innovator specializing in the development of pharmaceutical and health and wellness products, has announced that it has entered into a binding agreement to acquire 51% of Farmtiva, a cultivator of hemp with operations in California that provides hemp farming and distribution support for farmers and other industry participants. Farmtiva has Read the full article…