Global

In Chicago, Cannabis Industry and City Government Debate Two Approaches for Social Equity With Illinois poised to begin adult-use cannabis sales Jan. 1, 2020, some of Chicago’s aldermen and public stakeholders are concerned that a program designed to improve social equity access for minority business owners won’t live up to its promise. A photo depicting

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Cresco Labs Announces US$38 Million in Non-Dilutive Funding, Mutually Terminates Its Proposed Acquisition Of VidaCann Ltd. As 2019 comes to an uneasy close in California, the major headlines spinning around the state’s cannabis industry are bleak. Top tax brass in Sacramento announced an abrupt rate increase (effective Jan. 1, 2020), and the vaping-relating lung illness

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House Committee Approves Bill to End Federal Cannabis Prohibition, Michigan Issues First Adult-Use Cannabis Licenses: Week in Review REGINA, Saskatchewan, Nov. 22, 2019 (GLOBE NEWSWIRE) — via NetworkWire — PRESS RELEASE — HTC Extraction Systems has announced that it has entered into a share and purchase agreement dated Nov. 21, 2019 with Starling Brands Inc.,

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Kali-Extracts Announces Second Bidder On Its Cannabis Biopharmaceutical Technology Valued At $50 Million Human brains are wired for categorization. These systems help us navigate the world and communicate with one another more efficiently. But with more than 400 active chemical compounds associated with the many variations of Cannabis sativa L.—and an infinite number of combinations

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Mexico’s Delayed Cannabis Legalization Vote: What Comes Next? NEW YORK, November 05, 2019–(BUSINESS WIRE) PRESS RELEASE–Columbia Care Inc., one of the largest fully integrated operators in the global cannabis industry with licenses across the US and EU, today announced that it has entered into a definitive agreement to acquire The Green Solution (“TGS”), the largest vertically integrated

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USDA Releases Interim Hemp Regulations, Massachusetts Governor Pursues Emergency Regulation for Vape Ban: Week in Review Earlier this week, the U.S. Department of Agriculture (USDA) posted its draft of interim regulations for the newly legal hemp industry. These rules now provide guardrails for business owners, lawmakers and financial institutions of all stripes, but they’re up

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Georgia’s Medical Cannabis Problems, Major Growth in Illinois: Week in Review “We don’t know what we don’t know,” U.S. Surgeon General Jerome Adams said during his testimony at Wednesday’s Senate hearing titled “Marijuana and America’s Health: Questions and Issues for Policy Makers.” This was a curious statement coming from someone who, during the same session,

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Cresco Labs and Origin House Inch Closer to Closing Deal SAN DIEGO–(BUSINESS WIRE)–PRESS RELEASE–Innovative Industrial Properties, Inc. (IIP), a real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, has announced that it closed on the acquisitions of two properties in Joliet and Kankakee, Ill., which comprise

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MedMen-PharmaCann Acquisition Falls Apart, New Report Says Vaping-Related Illnesses Similar to Chemical Burns: Week in Review TORONTO–(BUSINESS WIRE)–PRESS RELEASE–FSD Pharma Inc. has announced the appointment of former U.S. Congressman Stephen Buyer to the company’s Board of Directors. The company also announced that it will complete a consolidation of its class A multiple voting shares and

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Texas Stops Medical Cannabis Dispensary Licensing Process Following a recent report from Mayo Clinic researchers in the New England Journal of Medicine, scientists at Colorado Green Lab have begun publishing a blog series that offers a compelling hypothesis to the problem of what’s causing the rash of vaping-associated pulmonary injuries, as an ongoing wave of

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