Aphria Responds To Unsolicited Proposal By Green Growth Brands

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CANADA: Aphria responds to the unsolicited proposal by Xanthic Biopharma d.b.a. Green Growth Brands to acquire all of the Company’s outstanding common shares in an all-stock transaction. Based on the 20-day volume weighted average price of GGB shares and the expressed exchange ratio of 1.5714 common shares of GGB for each Aphria share, the proposed bid would be Read the full article…

iCAN: Israel Cannabis CEO: “Cannabis to Become as Important to Israel’s Economy as High-Tech”

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ISRAEL: In a long-awaited move, the Knesset, Israel’s Parliament, has finally approved the export of medical cannabis allowing Israel to fully participate in the exploding cannabis industry world-wide. Saul Kaye, CEO of iCAN: Israel-Cannabis issued the following statement: “This is a long overdue but welcome development.  iCAN has been diligently working together with Israeli regulators to further the growth of the cannabis industry Read the full article…

MedMen Signs Definitive Agreement For The Acquisition Of PharmaCann

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CALIFORNIA: MedMen Enterprises and Chicago-based PharmaCann announce that they have entered into a definitive business combination agreement pursuant to which MedMen and PharmaCann will combine their respective businesses. Under the Business Combination Agreement, a newly formed holding company (“New MedMen”) will acquire (a) all of the securities of PharmaCann in exchange for subordinate voting shares of New Read the full article…

FSD Pharma Announces Strategic Investment In Toronto’s Huge Shops

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FSD Pharma Announces Strategic Investment in Huge Shops CANADA: FSD Pharma has completed a strategic investment of $1.3 million or just under 9.9% in Huge Shops, a Toronto-based cannabis retailer. Huge Shops has a strategic alliance with Chairman’s Brands, parent company of Coffee Time, a well-established operator of retail coffee shops with more than 75 locations in Read the full article…

AB InBev And Tilray Announce Research Partnership Focused On Non-Alcohol THC And CBD Beverages

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New Partnership to Focus on Research that will Guide Responsible Innovation CANADA: AB InBev, the world’s leading brewer, and Tilray, a global pioneer in cannabis production and distribution, announced a partnership to research non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol (CBD). The partnership is limited to Canada and decisions regarding the commercialization of the beverages will Read the full article…

BEYOND / HELLO Wins 9 New Dispensary Permits For Phase II Of Pennsylvania Medical Marijuana Program

BEYOND / HELLO

First State-Approved Center City Philadelphia Medical Marijuana Dispensary To Open In January 2019 PENNSYLVANIA:BEYOND / HELLO, a leading cannabis dispensary company focused on bringing the best personalized treatments and products to customers, has been issued nine new permits in the Phase II of the Pennsylvania Medical Marijuana Program, bringing its state-total to 12 dispensary permits. New state permits Read the full article…

Cresco Labs Wins Second License In Pennsylvania For Three Additional Dispensaries

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has been awarded a second merit-based license for dispensary operations in Pennsylvania. The permit allows Cresco Labs six months in which to become operational before it can begin dispensing medical marijuana. The Company is licensed for three Read the full article…

WSLCB Releases Interim Policies Adopted For Marijuana Packaging, Labeling, and Product Approval Process and Guidelines

WSLCB Label Requirements

WASHINGTON: Effective today, the below interim policies have been implemented for marijuana packaging, labeling the product approval process, and guidelines. BIP-10-2018, Packaging and Labeling Requirements  This interim policy clarifies the procedures and processes for packaging, labeling, and product decisions for marijuana infused edible products. Designates approved colors and shapes Designates approved colors and background colors for Read the full article…

Have a Heart Acquires Leading Cannabis Brokerage Company

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Cannabis retailer inks deal with CannaMLS, garnering insight into deal flow across the industry WASHINGTON: Cannabis retailer Have a Heart today announced its acquisition of CannaMLS, a leading cannabis brokerage company, for an undisclosed amount. The deal comes at a time when acquisitions are sweeping the cannabis sector, as increasing legalization draws the attention of big business. “The cannabis Read the full article…

California’s Bureau Of Cannabis Control Releases Proposed Cannabis Regulations

Proposed Readoption of Emergency Cannabis Regulations

The regulations are currently under review by the California Office of Administrative Law CALIFORNIA: The Bureau of Cannabis Control has announced the release of the proposed cannabis regulations currently under review by the California Office of Administrative Law (OAL). The Bureau’s rule-making action regarding these regulations, initially noticed on July 13, 2018, was submitted to Read the full article…