TILT Begins Trading On OTCQB Venture Market

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MASSACHUSETTS: TILT Holdings Inc., a leading provider of products and services to businesses operating in the cannabis industry, announced that TILT’s common shares have been approved to begin trading on the OTCQB Venture Market, effective immediately. OTCQB is considered by the U.S. Securities and Exchange Commission (“SEC”) as an “established public market” for the purpose of Read the full article…

MedMen Announces Completion Of Sale Of Two Properties To Cannabis REIT

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CALIFORNIA: MedMen Enterprises announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after repayment of debt. “This is our second transaction with Treehouse and we’ve now freed up nearly $49 million to invest directly Read the full article…

Weedmaps Appoints New Chief Executive Officer

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Doug Francis steps aside as CEO to serve as Chairman;President Chris Beals to Assume Role as CEO CALIFORNIA: Weedmaps today announced that the Company’s Board of Directors has appointed Chris Beals as Chief Executive Officer, effective March 6, 2019. In addition to assuming day-to-day leadership of Weedmaps, Beals will serve as a member of the Company’s Read the full article…

Dauntless Announces Acquisition Of Soro Software

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Acquisition brings CRM and business intelligence functionality to GIANT platform WASHINGTON: Dauntless, Inc. has acquired Soro Software, Inc., announcing an agreement to combine forces and move forward together.  “We’re super excited about working with Dauntless!”, said Soro CEO Jerry Tindall. He says, “Our companies just clicked so well together; it was a no-brainer”. Dauntless CEO, Clark Musser, Read the full article…

Latest Research On Blockchain In The Legal Cannabis Supply Chain Highlighted At SXSW

Blockchain in Cannabis Supply Chain

Blockchain in Legal Cannabis: Weeding Out Supply Chain Inefficiencies is latest addition to research firms’ eBook series TEXAS: Worldwide spending on legal cannabis is growing rapidly, but the market will not realize its full potential without efficient supply chains to deliver an expanding array of products. Blockchain technology could address this issue by providing greater 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…

Washington: WSLCB Notice Of Rulemaking – Mandatory Marijuana Signage

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WASHINGTON:  The Washington State Liquor and Cannabis Board would like your input on the following proposed rules. Following the comment period, the board will hold at least one public hearing before the rules are adopted. Proposed rule making (CR-102)   Mandatory Marijuana Signage Public Hearing/Comment Deadline: April 17, 2019 CR-102 Notice to Stakeholders CR-102 Filed as Read the full article…

Cresco Labs Shares Approved to Trade on the OTC Markets under the Symbol ‘CRLBF’

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced that its shares have been approved to be quoted on the Over-the-Counter Market (OTC) and will trade under the symbol “CRLBF,” effective immediately. Cresco has applied to trade its shares to the OTCQX Market, the top tier of the three Read the full article…

Alameda County California Leverages Automated Cannabis Code Enforcement Program from Adherence Compliance

Alameda County

CALIFORNIA:  Adherence Compliance, a leading RegTech SaaS provider to the cannabis industry, announced the completed implementation of Alameda County’s Cannabis Code Enforcement Program. The program utilizes Adherence’s regulatory code libraries, industry operations training and automated inspection software to monitor and report on code enforcement for cannabis licensees within its jurisdiction. “The Alameda County Community Development Agency has implemented Read the full article…

California Bureau Of Cannabis Control Announces Enforcement Action Against Unlicensed Cannabis Businesses

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CALIFORNIA: The Bureau of Cannabis Control and the Department of Consumer Affairs’ Division of Investigation-Cannabis Enforcement Unit announced enforcement actions against two unlicensed cannabis businesses operating out of multiple locations in Sacramento, Davis and Los Angeles. On Wednesday, February 27, 2019, DOI-CEU and the Davis Police Department served search warrants on “Mary Jane Finder,” an Read the full article…