Month: June 2020 (Page 8)

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Canada’s largest market for adult use cannabis products saw its 100th retail store authorization this month, Alcohol and Gaming Commission of Ontario records show, though not all the stores are open as they complete the regulatory process. It is an important milestone for a province that has lagged other jurisdictionsContinue Reading

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The regulatory body for therapeutic goods in Australia is reviewing complaints involving the noncompliant advertising of medical cannabis products. The Therapeutic Goods Administration (TGA) says it “has written to a number of entities in relation to noncompliance with the law with instruction to cease unlawful behaviour.” “The majority of respondentsContinue Reading

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The Oregon Liquor Control Commission, which regulates marijuana in the state, took its first step toward adopting rules that would ban non-cannabis additives from inhalable products containing THC, though MJ-derived terpenes will be allowed. Although much of the evidence for the vaping illness outbreak that began in the summer ofContinue Reading

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Vertically integrated cannabis company Curaleaf Holdings revised its deal to acquire privately owned multistate operator Grassroots Cannabis The stock and cash transaction was originally announced in July 2019 with a price tag of $875 million. But since then cannabis stock prices have fallen. In a note issued Monday, Stifel GMP analystsContinue Reading

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Florida-based Jushi Holdings, a multistate marijuana and hemp company, agreed to purchase Vireo Health International’s grower-processor operations in Pennsylvania for $37 million. To fund the purchase, Jushi secured $15.25 million in debt financing that was led by insiders and existing shareholders. The acquisition involves the purchase of Pennsylvania Medical Solutions (PAMS),Continue Reading

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Gov. Steve Sisolak’s move restores opportunities in financial aid, housing, voting, and other life basics previously denied. The post Nevada governor pardons thousands of past cannabis convictions appeared first on Leafly. Read More: Nevada governor pardons thousands of past cannabis convictionsContinue Reading