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U.S October 16, 2019 (CANNABISNOW) - This September, the largest legal medical cannabis crop in Southeast Asia was planted at Thailand’s Maejo University, in its medical-grade greenhouse. The crop is made up of 12,000 cannabis sprouts, which will be cultivated and to turned into cannabis oil. The Bangkok Post reports the crop is...
U.S, Jnauary 2, 2020 (MARIJUANABUSINES) Many marijuana industry watchers tout the social equity program in Illinois as one of the most far-reaching and likely to succeed in the U.S. cannabis sector. However, experts also note that for all the Illinois program’s positive intent, it is still...
CANADA, September 30, 2019 (THECANNABISINVESTOR)- Ex Deutsche Bank and JPMorgan Bankers Seek to Take Advantage of Recent Plunge in Cannabis Stocks with Launch of New Funds Former Wall Street bankers from Deutsche Bank and JPMorgan have big plans to launch new funds geared towards taking advantage of battered marijuana stocks....
U.S, February 12, 2020 (MARIJUANABUSINESS) Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by falling cannabis stock prices and terms that are more attractive than those for real estate sale-leaseback deals. Multistate operators Curaleaf,...
U.S, December 9, 2019 (ANALYTICALCANNABIS) A number of federal financial regulators have released a joint statement clarifying that banks no longer have to take extra measures to track accounts for hemp-related businesses, following the crop’s federal legalization. Previously, banks were required to file suspicious activity reports (SARs) for banking customers who were...
U.S, November 7, 2019 (GREENMARKETREPORT) California-based cannabis REIT Innovative Industrial Properties (IIP) (NYSE:IIPR) shares shot up over 10% in trading on Thursday after reporting solid results for their 2019 third-quarter after the market closed on Wednesday. The stock was lately trading at $80.02, well above its 52-week low of $42.10. In Q3 of 2019,...
U.S, January 2, 2020 (MERRYJANE) Hundreds of cannabis customers waited in line on New Year's Day to celebrate adult-use legalization in Illinois — including the state’s Lieutenant Governor, who bought some weed-infused gummies. Chicago resident Renzo Mejia spent the last hour...
U.S, February 11, 2020 (GREENENTREPRENEUR) Rapper, producer and business entrepreneur Drake (Aubrey Drake Graham) is one of the most successful music artists of our time. In 2019, he became Spotify's most played artist and the highest-certified digital artist in U.S. history. He has won four Grammy awards and holds...
U.S, December 5, 2019 (ANALYTICALCANNABIS) In Colorado, it seems cannabis-related crime doesn’t just pay – it pays tax. A new study has found that streets with recreational dispensaries in Denver experienced significantly higher levels of property crime since cannabis sales were legalized in...
UNITED STATES, September 18, 2019 (HEMP INDUSTRY DAILY)- Cannalysis, a hemp and cannabis testing lab based in California, raised $22.6 million that it said will fund its expansion in the state as well as helping it to move into other marijuana markets in the U.S. The Santa Ana-based company raised...