Tag Archive: cannabis
Cannabis Briefs for July 30, 2019
•Senator Kamala Harris and Representative Jerry Nadler have unveiled a new bill that would decriminalize cannabis at the federal level, remove it from the controlled substances list, and set up an “Opportunity Trust Fund” to offer grants for community reinvestment and small business loans. Continue reading →
Posted in News on July 30, 2019House Of Saka, A New Cannabis-Infused Wine Player, Looks To Pioneer A Burgeoning Category
The cannabis beverage category is still in its infancy. With some of the most visible brands emulating craft beer and appealing primarily to young men, the new House of Saka cannabis-infused wine label—launching in California in mid-August—will seek to draw in female consumers, particularly those attracted to a more sophisticated product. Continue reading →
Posted in News on July 23, 2019Curaleaf’s Deal For Grassroots Creates Formidable U.S. Player
Already among the top U.S.-based cannabis companies, Wakefield, Massachusetts-based Curaleaf is set to expand even further with a deal to acquire GR Companies for $875 million. Continue reading →
Posted in News on July 23, 2019Cannabis Briefs for July 23, 2019
•Canopy Growth has sold one of its British Columbia cultivation facilities to fellow cannabis producer GreenTec Holdings. Continue reading →
Posted in News on July 23, 2019CannTrust Puts Sales, Shipments On Hold As Regulators Review Operations
One of Canada’s largest cannabis producers, CannTrust, has placed a voluntary hold on sales and shipments of all its products after regulator Health Canada recently discovered that some of its cannabis was grown in unlicensed areas. Continue reading →
Posted in News on July 16, 2019Organigram Posts Sales Increase Through Its Fiscal Third Quarter, Unveils Water-Soluble Cannabis Powder
Moncton, New Brunswick-based Organigram saw sales leap to C$64 million ($49m) in the nine months through its fiscal third quarter ended May 31, compared to C$9 million ($7m) in the year-earlier period. Continue reading →
Posted in News on July 16, 2019
