Leafly Appoints Former Amazon Executive Tim Leslie New CEO

Tim Leslie Leafly

WASHINGTON: Leafly, the world’s leading technology platform that helps customers around the world find and discover the cannabis product that is right for them, today announced the hiring of Tim Leslie, a 20-year veteran of Amazon, to the role of Chief Executive Officer. As Leafly CEO, Tim will guide the company’s vision and strategy as it Read the full article…

Investors That Purchased FSD Pharma Securities May Have An Opportunity To Recover Their Financial Losses.

MJLegal

CANADA: Morganti & Co., P.C., a cross border shareholder’s rights law firm, has commenced a shareholder class action lawsuit against FSD Pharma Inc. for publishing investor documents containing misrepresentations of material fact about the status of its joint venture with Auxly Cannabis Group Inc. between September 29, 2018, and January 7 or February 6, 2019. The shareholders Read the full article…

California Department Of Tax And Fee Administration Reports Cannabis Tax Revenues For Fourth Quarter Of 2018

bag of money

CALIFORNIA:  The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 4th quarter of 2018. Tax revenue reported by the cannabis industry totaled $103.3 million for 4th quarter returns due by January 31, 2019, which includes state cultivation, excise, and sales taxes. It does not include tax Read the full article…

WSDA Releases Azamax Insecticide From Stop Sale List

Azamax large

WASHINGTON: Effective February 25, 2019, Azamax The Natural Insecticide (EPA Reg. No. 71908-1-81268) was released from the WSDA November 5, 2018, Stop Sale, Use or Removal Order #KFJ-0007-18. Distribution and use can begin again in Washington State.  The WSDA is allowing reasonable levels of naturally occurring 3-indoleacetic acid (IAA) to exist in Azamax The Natural Insecticide Read the full article…

Acreage Announces Grand Openings Of Two The Botanist Dispensaries In February

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NEW YORK: Acreage Holdings has announced the opening of three The Botanist branded cannabis dispensaries in New York and Ohio.  The new locations are in the following cities: The Botanist  30133 Euclid Avenue    Wickliffe, OH  February 6 The Botanist  138-72 Queens Blvd.  Jamaica, NY  February 20 With these new dispensary openings, Acreage now owns or has management services agreements Read the full article…

Cresco Labs Opens Third Pittsburgh Area Dispensary

cresco opens new CY+ store

PENNSYLVANIA: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, has announced the opening of a CY+ dispensary in New Kensington, Pennsylvania. To commemorate the opening, Cresco welcomed Pennsylvania Lieutenant Governor John Fetterman to cut the ceremonial ribbon and to speak about the opioid crisis plaguing the state and Cresco’s Read the full article…

Cresco Labs Launches Hemp CBD Subsidiary — Expands House Of Brands

CRESCO CBD

ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the nation, today announced the formation of a new wellness subsidiary, Well Beings, that will provide the Company the ability to expand its house of branded products to all 50 states to potentially reach a new customer base outside of the licensed dispensary Read the full article…

International Hemp Oil Company, Functional Remedies, Acquires New Lab, Increasing Production Capacity Ten-Fold

International Hemp Oil

COLORADO: Functional Remedies, vertically integrated manufacturer of whole-plant hemp oil products, announced a major expansion of its lab and production facility from 2,000 square feet to a new 25,000-square-foot facility located in Louisville, CO to meet the rapidly growing demand for its products across the U.S. and globally. Additionally, Functional Remedies recently moved into new 4,000-square-foot Read the full article…

MediPharm Labs Signs Agreement With AusCann For Cannabis Oil Export To Australia

Medipharm

CANADA: MediPharm Labs, a leader in specialized, research-driven cannabis extraction, distillation, purification and cannabinoid isolation, is pleased to announce that its wholly-owned subsidiary, MediPharm Labs Inc. (“MediPharm Labs” or the “Company”), has entered into its first definitive international sales agreement, dated February 20, 2019, with AusCann Group Holdings Ltd. (“AusCann”) to supply private label purified, pharmaceutical Read the full article…

Tilray To Acquire Manitoba Harvest, The World’s Largest Hemp Food Company

Manitoba Harvest Hemp Hearts

Acquisition unites cannabis pioneer with leading natural food CPG company to create hemp and CBD-infused food and wellness products for North America CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, has announced it has entered into a definitive agreement pursuant to which Tilray will acquire all of the issued and outstanding securities Read the full article…