Greater Cannabis Company Inks Distribution Agreement With iCAN: Israel Cannabis

Greater Cannabis Company

ISRAEL: The Greater Cannabis Company, a biopharmaceutical company focused on development and commercialization of innovative delivery systems for the Cannabis market, has entered into a letter of intent with iCAN Cannabis  to expand distribution of its eluting patch platform into key global markets. The eluting patch platform is an innovative delivery system, which uses a patented Read the full article…

Alaska: Regulators Move Forward With On-Site Consumption Rules

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ALASKA: State regulators have voted in favor of plans to permit on-site marijuana consumption at designated retailers. Under the plan, licensed retailers could designate specific areas for on-site consumption by their customers. Customers would not be permitted to bring their own cannabis. Retailers who wish to permit on-site consumption would need to apply for a special license from Read the full article…

New Report: Legal Cannabis Market Projected To Grow 27% CAGR By 2023

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IRELAND: The legal cannabis market is projected to register a CAGR of over 27% by 2023, according to “Global Legal Cannabis Market 2019-2023″ a new report just added to ResearchAndMarkets.com. The latest trend gaining momentum in the market is the use of advanced techniques in cannabis cultivation. According to the report, one of the major drivers for this market Read the full article…

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…