Day: December 10, 2020

On:

What is Obama Runtz? Where did it come from? Read more about the strain that took over pop culture and became one of weed’s biggest mysteries. The post What happened to Obama Runtz? appeared first on Leafly. Read More: What happened to Obama Runtz?Continue Reading

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Now that the 2020 Leafly Strain of the Year is out of the bag, see which weed strains didn’t make the cut but were on the short list. The post Top strains of 2020: Runners-up to Strain of the Year appeared first on Leafly. Read More: Top strainsContinue Reading

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Khiron Life Sciences – a Toronto-based company with its main operations in Colombia – announced Thursday that it completed the first export from Colombia of high-THC medical cannabis products. They were imported into Peru. The first prescriptions of the products in Peru are expected to be filled in December through aContinue Reading

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Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction at a whopping $1.5 billion. According to a news release, the website’s owners, WM Holding Co., will merge with blank-check acquisition firm Silver Spike Acquisition Corp. to landContinue Reading

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Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand. The funding reflects a further loosening of capital markets for marijuana companies with operations in high-growth markets, although the cost of capital remains high. The secured notes wereContinue Reading

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Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round. The $40 million funding round was led by Founders Fund, with participation from Thrive Capital, Nosara Capital and Lerer Hippeau. “The $40 million will be used to expand in current markets by bringing onContinue Reading

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The United Kingdom’s representative in the British Virgin Islands (BVI) is facing backlash over his apparent refusal to allow the country to establish a regulated medical cannabis industry. The country’s elected representatives in June passed the Cannabis Licensing Act, which will open up the sector for commercial opportunities when itContinue Reading

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A government evaluation to include a specific CBD formulation in Brazil’s Public Health System (SUS) has been postponed. The National Committee for Health Technology Incorporation (Conitec), a government agency, had been scheduled to take up the issue this week. Instead, the evaluation will now occur in early 2021. A decisionContinue Reading