Day: August 2, 2019

On:

Cronos Group, a vertically integrated cannabis company based in Ontario, Canada, that has international production and distribution, said Friday it will buy four operating subsidiaries from Redwood Holding Group for $300 million. Redwood, which is headquartered in Los Angeles, produces, markets and distributes hemp-derived CBD products, including skin care, bathContinue Reading

On:

Patients in Louisiana have been waiting years for medical marijuana, after lawmakers created the regulatory framework for dispensing therapeutic cannabis in 2015. The post Medical Marijuana Expected Tuesday at Louisiana Dispensaries appeared first on Leafly. Read More: Medical Marijuana Expected Tuesday at Louisiana DispensariesContinue Reading

On:

TerrAscend, an Ontario, Canada-based vertically integrated cannabis company, agreed to acquire Ilera Healthcare, a Pennsylvania-based marijuana cultivator, processor and dispensary operator for up to $225 million (CA$297 million). The total cost of the transaction will depend on Ilera reaching certain revenue and profitability targets. For now, TerrAscend is set to payContinue Reading

On:

A new law went into effect Aug. 2 that permits Colorado doctors to recommend medical marijuana in lieu of opioids, a development that could boost MMJ sales in the state. In 2017, 3.7 million opioid prescriptions were issued in Colorado, according to the state’s drug-monitoring program. State health officials reportedContinue Reading

On:

As the cannabis industry expands, producers look to make growing more efficient. This new technology may be the answer. The post Is Vertical Growing the Future of Cannabis? appeared first on Leafly. Read More: Is Vertical Growing the Future of Cannabis?Continue Reading

On:

Explore cannabis strains that are sure to give you the energizing, motivating boost you need to get up that damn mountain. The post 7 Stimulating Cannabis Strains for Your Next Hike appeared first on Leafly. Read More: 7 Stimulating Cannabis Strains for Your Next HikeContinue Reading

On:

Medical marijuana is expected to start reaching select dispensaries in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared the products for release. Agriculture Commissioner Mike Strain announced that GB Sciences, one of two state-sanctioned growers, can begin shipping the product to Louisiana’s nine licensed dispensaries.Continue Reading