Month: March 2021 (Page 10)

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Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to raise $250 million. The company is issuing 25 million units at $10 each. Each unit includes one share and one-quarter of a redeemable warrant that entitles the holderContinue Reading

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A voter-approved medical marijuana program likely will be implemented in South Dakota as scheduled after efforts to stymie the program failed. Gov. Kristi Noem and the majority of lawmakers from both chambers wanted to delay legalization and develop regulations, but they couldn’t agree on a compromise measure to do soContinue Reading

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Mexico’s Chamber of Deputies approved a bill in general to lay the legal foundation for regulated marijuana and hemp industries, but the pending law still has hurdles to overcome and it could be years before a flourishing industry emerges. Lawmakers in Mexico’s lower house on Thursday voted largely in supportContinue Reading

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A subsidiary of cigarette maker British American Tobacco and Atlantic Canada-based cannabis producer Organigram signed a 220 million Canadian dollar ($175 million) strategic collaboration with a focus on research and product development. British American Tobacco strikes deal with Canada’s Organigram, portending similar tie-ups with US marijuana firms is a postContinue Reading

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The Mississippi House killed a Senate bill that would have created a legislative alternative to the medical marijuana program the state’s voters resoundingly approved in November. Mississippi lawmakers kill bill to create alternative medical marijuana program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabisContinue Reading

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President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, a development that was cautiously hailed by two marijuana advocacy groups. The belief is that Garland’s confirmation could potentially usher in a more marijuana-friendly Department of Justice thanContinue Reading