Month: February 2021 (Page 15)

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The California Department of Public Health on Thursday issued an updated COVID-19 vaccination policy clarifying that cannabis industry employees are classified as health-care workers and therefore are immediately eligible to receive the vaccine. According to the bulletin, “cannabis industry employees are included in Phase 1a for medicinal cannabis and PhaseContinue Reading

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Michigan’s marijuana regulatory agency is warning local cannabis companies that fraudsters are masquerading as regulators and industry executives in a bid to trick employees into sending money or security information about their businesses. One business lost more than $100,000 because of the scam, the Michigan Marijuana Regulatory Agency (MRA) notedContinue Reading

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Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say. But rather than all cannabis producers benefiting, only businesses that have marketable intellectual property and an established foothold in the medicalContinue Reading

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About 5% of Americans live with conditions that causes compulsive hair pulling, nail biting, or skin picking, and these behaviors often arise from a need to self-soothe. See how cannabis can help. The post Can cannabis help with body-damaging behaviors? appeared first on Leafly. Read More: Can cannabisContinue Reading

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Marijuana industry real estate investment trust Advanced Flower Capital, also known as AFC Gamma, is planning an initial public offering on the Nasdaq exchange that’s intended to raise $94.4 million to $105.6 million. The offering would involve the sale of 5,555,555 shares of common stock in AFC Gamma, or roughlyContinue Reading

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New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation of commercial cannabis in a cash and stock deal worth $7.7 million. The Riverside County property, which is already leased to cultivator and flower brand Canndescent, was acquired from another private realContinue Reading