Day: March 22, 2019 (Page 2)

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This week in cannabis news: Poll numbers climb, New York faces a critical legalization deadline, and David Downs tries out California’s ‘Costco of Cannabis.’ The post The Roll-Up #79: The Costco of Cannabis appeared first on Leafly. Read More: The Roll-Up #79: The Costco of CannabisContinue Reading

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Miami-based Cansortium, a vertically integrated cannabis operator, said it raised just over $56 million in funds ahead of its initial public offering (IPO). The company will use the net proceeds for continued expansion of its medical cannabis operations in Florida, Michigan, Pennsylvania, Texas, Puerto Rico, Canada and Colombia for repaymentContinue Reading

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BlackRock, one of the world’s largest money managers, disclosed in regulatory filings that its funds have an $11 million stake in Curaleaf Holdings, a Massachusetts-based medical cannabis company. While the investment is tiny for BlackRock, which has nearly $6 trillion of assets under management, the stake is one of theContinue Reading

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The nation’s largest drugstore chain is selling CBD products in 8 states. Meanwhile, independent CBD stores are being raided by police in Texas. The post CVS Ignores DEA, Says It’s Already Selling CBD Products appeared first on Leafly. Read More: CVS Ignores DEA, Says It’s Already Selling CBDContinue Reading

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One-click authentications of a website user’s age are not enough to ensure cannabis promotions cannot be accessed by young people, according to Health Canada, and the agency expects regulated parties to take corrective steps “in the coming weeks.” Earlier this month, Canada’s cannabis regulator warned regulated parties of their obligationContinue Reading