Alarmed that California's fledgling legal marijuana industry is being undercut by the black market, a group of lawmakers proposed Thursday to reduce state taxes for three years on growing and selling cannabis to allow licensed sellers to get on their feet.
Cannabis News
Aphria's Australian-based partner Althea receives Medical Cannabis License for cultivation
Aphria maintains a 25% ownership interest in Althea and existing supply agreement
The Green Organic Dutchman Files Amended and Restated Preliminary Prospectus for Initial Public Offering of Units
The Green Organic Dutchman Holdings Ltd. today announced that it has filed an amended and restated preliminary long form prospectus with the securities regulatory authorities in each of the provinces of Canada in respect of its previously announced initial public offering of units of the Company.
CannaRoyalty Subsidiary, Trichome, to Make Investment in and Form Strategic Relationship with 180 Smoke, a Leading Canadian Online and Retail Vaporizer Products Company
CannaRoyalty Corp. (CSE: CRZ)(OTCQX: CNNRF) , a fully integrated, active investor and operator in the legal cannabis industry, today announced that its subsidiary, Trichome Yield Corp., a value-add capital lender to the legal cannabis industry, has signed its first binding term sheet to provide up to $2.5 million to 180 Smoke, to fund an expansion of its retail footprint in anticipation of Canadian adult-use cannabis legalization.
Aurora Cannabis Enters into Supplier Agreement with Shoppers Drug Mart
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced that the Company has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
Hiku Brands Expands to Jamaica Through Strategic Alliance
Hiku Brands Company Ltd. (CSE: HIKU), Canada's first vertically-integrated cannabis brand house, is pleased to announce that it has entered into a letter of intent with Kaya Inc., the first licensed medical cannabis producer and dispensary operator in Jamaica, to launch a strategic alliance to pursue medical and adult-use cannabis branding, genetics, and retail opportunities in Jamaica and Canada.
Copy of Namaste Announces Closing of $40.25 Million Bought Deal Financing Including Full Exercise of Over-Allotment Option
Namaste Technologies Inc. (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has closed today its previously announced “bought deal” short form prospectus offering of units, including the exercise in full of the over-allotment option.
Namaste Announces Closing of $40.25 Million Bought Deal Financing Including Full Exercise of Over-Allotment Option
Namaste Technologies Inc. (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has closed today its previously announced “bought deal” short form prospectus offering of units, including the exercise in full of the over-allotment option.
MedReleaf to purchase 164 acre property, including 1 million square feet of existing greenhouse to add an additional 105,000 kg of fully funded capacity output
Large scale greenhouse addition complements premium indoor production to provide a full spectrum of products for the adult-use and global medical markets
Cronos Group to Begin Trading on Nasdaq Stock Exchange
Cronos Group Inc. (TSX-V: MJN) (OTC Nasdaq Int'l Designation: PRMCF) is pleased to announce that trading of its common shares in the United States will be elevated from the Nasdaq International Designation program to the Nasdaq Global Market.
What Is The Secret 'Hidden Reserve' of the Next Green Goldmine?
Investors have already made millions on medical marijuana companies in the first green rush. But the next big green goldmine starts summer 2018, and it may be 6 TIMES BIGGER!
CannTrust™ receives conditional approval to list on the TSX and announces appointment of a new Director
CannTrust Holdings Inc. (CSE: TRST), a licensed producer of medical cannabis under the Health Canada Access to Cannabis for Medical Purposes Regulation program, is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to list its common shares on the TSX.
Canopy Growth Signs Significant Supply and Sales Agreement with Sunniva Medical Inc
Canopy Growth Corporation (TSX:WEED) is pleased to announce the signing of a definitive supply agreement with Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF).