VANCOUVER, May 25, 2020 - PRESS RELEASE - (CANNABISBUSINESSTIMES) Village Farms International, Inc. has announced that its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has received from Health Canada its cannabis cultivation sales license based on an initial production area within its...
U.S, July 21, 2020 (THECANNABISINCESTOR) Last week, the governor of Illinois announced that the state brought in $52 million in tax revenue in the first six months of legal recreational cannabis sales. During that same time period, total marijuana sales amounted to $239 million. The state announced that 25%...
U.S, February 5, 2020 (MARIJUANABUSINESS) With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems.
“It’s a growing trend,” said Zachary Kobrin, special counsel of government affairs at...
A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and potentially hundreds of millions of dollars in new sales for existing operators and ancillary services.
Here’s a summary of five key states to watch:
U.S, April 30, 2020 (MERRYJANE) As part of the Golden State’s expungement program to remove low-level, nonviolent weed offenses from residents’ criminal records, Santa Clara County just cleared over 11,000 convictions, affecting more than 9,000 individuals.
Santa Clara County in California...
MEX, April 2, 2020 (CANNABISBUSINESS) Senators in Mexico asked the Supreme Court March 27 to extend an April 30 deadline for lawmakers to draft a bill to legalize and regulate cannabis for medical, adult and industrial uses, according to a Cannabis Wire report. Mexico-senate-asks-supreme-court-to-extend-deasline-for-cannabis-legalization
The...
UNITED STATES, September 25, 2019 (PROACTIVE INVESTORS) - The five-year deal will see the companies extract CBD and other elements at FSD's facility using World-Class' machinery.
FSD Pharma Inc (CSE:HUGE) (OTC:FSDDF) has signed a letter of intent to create a joint venture between its subsidiary FV Pharma Inc and World-Class Extractions...
COLORADO, July 05, 2019 (MARIJUANA BUSINESS DAILY) - Proposed regulations in Massachusetts surrounding marijuana business opportunities in social consumption and home delivery are on the calendar for next month, when officials will take public testimony on both.
According to MassLive.com, the first Massachusetts Cannabis Control Commission hearing will be Aug. 14 at...
CANADA, October 17, 2019 (BOTANIQMAG) Today Canada celebrates the one year anniversary of recreational cannabis becoming legal in the country. It also marks the second wave of legalization, welcoming cannabis edibles, topicals and extracts to the legal realm.
The industry is blossoming, and with that has come employment opportunities.
Universities are...
U.S, May 18, 2020 (CANNABISBUSINESSTIMES) California’s three cannabis licensing authorities announced May 14 that businesses with licenses that expire between now and June 30 may request a 60-day deferral of their licensing fee payments, according to a state press release.
The deferrals are meant...