Day: August 1, 2019

On:

Cannabis cultivator CannTrust Holdings disclosed the company is under investigation by securities regulators and the police, the latest blow to hit the embattled Ontario firm. The company said in a news release that the Ontario Securities Commission (OSC) has opened an investigation “into matters and parties related to CannTrust.” TheContinue Reading

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Aphria on Thursday became one of the rare Canadian cannabis companies to report a net profit by posting record net revenues of 128.6 million Canadian dollars ($97.3 million) in its fiscal fourth quarter, a whopping 969% increase from a year earlier. Revenues also jumped 75% from the third quarter. AsContinue Reading

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Welcome to Gov. Matt Bevin’s cannabis fantasyland. He’s saying this nutty stuff today, but in five years he’ll be singing a different tune. The post Kentucky Gov. Floats a Bunch of Batshit Crazy Cannabis Theories appeared first on Leafly. Read More: Kentucky Gov. Floats a Bunch of BatshitContinue Reading

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Tennessee’s treasurer has ordered the state’s pension fund manager to sell stock in a marijuana company after learning about the investment. Treasurer David Lillard said he was unaware of the investment until he was contacted by the Chicago Sun-Times. The newspaper reported that more than a dozen public pension funds investedContinue Reading

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An almost $500 million merger of a Canadian and a U.S. marijuana company closed, months later than originally planned. Vancouver, British Columbia-based Cannex Capital Holdings, a cannabis company with a cultivation and manufacturing presence in Washington state, and Phoenix-based multistate retail operator 4Front Holdings, begin trading next week as 4FrontContinue Reading

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The theme for August is productivity, and get ready for the Grand Trine of Uranus-Saturn-Pluto. Find out which strain will help you get through the month. The post Star Signs and Cannabis Strains: August 2019 Horoscopes appeared first on Leafly. Read More: Star Signs and Cannabis Strains: AugustContinue Reading

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CBD (cannabidiol) has become a trend before scientists have even fully figured out how it works with our bodies. What will that mean for its future medical use and perception? The post Are We Turning CBD Into Snake Oil? appeared first on Leafly. Read More: Are We TurningContinue Reading

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Harvest Health & Recreation is working with Ohio regulators to resolve ownership questions that put three cannabis dispensaries in limbo and the Arizona company’s cultivation facility in the state under scrutiny. The issues are in addition to those that Harvest is working on in Pennsylvania, where regulators revoked a licenseContinue Reading

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Immigrants face severe consequences for cannabis, even in states where it is legal. From 2003 to August 2018, more than 45,000 people were deported nationwide for simple possession. The post Is Your Cannabis Legal? Sorry, You Can Still Be Deported appeared first on Leafly. Read More: Is YourContinue Reading