PRESS RELEASE CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (“Cresco” or the “Company”) one of the largest vertically integrated multistate cannabis operators in the United States, today released its unaudited financial results for the fourth quarter and full year ended December 31, 2018. All financial information presented in this release is in U.S. dollars, […]
Industry News
Pot company’s claims lead to a state inquiry over medical marijuana licensing rules
A top West Coast marijuana firm has been asked to produce records to the Wolf administration in what amounts to a compliance check on whether it is keeping to rules designed to keep one firm from dominating Pennsylvania’s medical marijuana market. The state Health Department has asked Harvest Health & Recreation Inc. to supply any […]
Three Vicente Sederberg Attorneys Included in National Law Journal’s 2019 List of ‘Cannabis Law Trailblazers’
PRESS RELEASE Six VS attorneys have received the recognition since the publication began publishing the list last year DENVER — The 2019 list of “Cannabis Law Trailblazers” published this month by National Law Journal includes three attorneys from Vicente Sederberg LLC: Adam Fine, Shawn Hauser, and Valerio Romano. The annual “Cannabis Law Trailblazers” list was launched in 2018 […]
Cannabis Prices
By Jacques Santucci The industry is maturing and so should your understanding of profitability. We recently read a post from cannabis accounting firm Bridgewest outlining industry trends that are causing prices of fall, narrowing cultivation margins1. They point out that as new legal markets come online, an inflow of new cultivation businesses is crowding a once profitable […]
The Cannabis Industry Moves Closer to SAFE Banking
By Matthew Zandi The House Financial Services Committee recently voted in approval of legislation intended to increase the cannabis industry’s access to banking, and that’s huge. With a 45 to 15 vote that followed several days of debate and amendment considerations, the legislation advances to the full body of Congress. While action on the floor has […]
Insights on marijuana and opioid use in people with cancer
A new study reveals that many people with cancer use marijuana, and rates of use in the U.S. have increased over time. Published early online in CANCER, a peer-reviewed journal of the American Cancer Society, the study also found that patients with cancer are more likely to use prescription opioids than adults without cancer. Pain is […]
Gen Z Will Be the Ultimate Pot Consumers
This 4/20, three times more of the cohort that Corporate America’s salivating over was able to buy legal cannabis. America’s Generation Z is coming of age in a whole new world of weed. This large cohort, which already has big-time spending power as the oldest age into high school and college, is formulating its consumption habits at a time […]
5 Key Factors to Consider Before Making a Cannabis Acquisition
With talk of a looming recession, many analysts predict that during a downturn there will be a short list of growth industries that can deliver a healthy return on investment. Cannabis is near the top of that list. In fact, spending on legal cannabis in the U.S. is expected to increase from the current $12.9 […]
NewBridge Global Ventures Forms Partnership with Hydro Dynamics and Expands Licenses for Shockwave Power™ Technology for the Cannabis Industry
PRESS RELEASE Transformational Partnership with Developer and Manufacturer of Cavitation-Based ShockWave Xtractor™ Technology, Disruptor of Several Multi-Billion Dollar Industries Alameda, CA, April 18, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NewBridge Global Ventures, Inc. (“NewBridge” or the “Company”), (NBGV), a company focused on the emerging and dynamic legal and regulated cannabis industry, today announced that […]
Corporate America Gears Up for ‘Weed Day’ Celebrations on April 20
Potheads have for decades celebrated their love of marijuana on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn’t yet have a card to mark “420.” But many other businesses inside and outside the multibillion-dollar cannabis industry are using […]
Internationally Renowned Scientist and Cannabis Expert Paul F. Daly Joins California Cannabinoids Bolstering Team Bringing Doug’s Varin™ To Market
PRESS RELEASE OAKLAND, Calif. (April 18, 2019) – California Cannabinoids, Inc. has announced that internationally renowned cannabis scientific expert Paul F. Daley, B.S., Ms.S., Ph.D. has joined the company as Chief Scientific Officer, bringing an important scientific research partner and product developer to the brand. With more than 30 years of experience in analytical toxicology and environmental […]
Canopy Growth Is Near a Deal to Acquire Acreage Holdings
Acquisition would mark first major cross-border pot deal Canopy Growth Corp. is nearing a deal to buy Acreage Holdings Inc. in what would be the first major cross-border cannabis merger, according to people familiar with the matter. The purchase could be announced as soon as this week, said the people, who asked not to be identified […]
Duane Morris and American Trade Association for Cannabis and Hemp Defend the Lawful Transportation of Hemp Across State Lines in Brief Submitted to Ninth Circuit
PRESS RELEASE Brief Relates to the Transportation of Lawfully Cultivated Hemp and Cautions Against Circumvention of the 2018 Farm Bill Philadelphia, April 17, 2019 — The American Trade Association for Cannabis and Hemp (ATACH), announces it has moved to file an Amicus Curiae (“Friend of the Court”) Brief on behalf of Big Sky Scientific, a Colorado-based […]
It’s Far’s Far Too Soon To Think About Celebrating The Legitimacy of Cannabis Because The War On Pot Is Still Raging
By Doug Poretz The kneejerk reaction to a discussion about the cannabis industry is to be jubilant. After all, we see high growth among a wide segment of players from growers to lighting companies, a virtual tsunami of all sorts of deals and capital events at very high valuations, more states legalizing it for medical and/or […]
Carl’s Jr. Testing CBD-Infused Burgers on 4/20 in Denver
You don’t need to smoke a joint or play hooky to celebrate 4/20 anymore. Just hit up a certain Carl’s Jr. in Denver that is testing CBD-infused burgers all day on Saturday, April 20. Available only on 4/20 at the Carl’s Jr. located at 4050 Colorado Boulevard, the Rocky Mountain High CheeseBurger Delight will come topped […]
Legal Marijuana Could Be Next Big Opportunity in Health Care
While cannabis isn’t yet legal across the U.S., new technologies are already opening doors to promising new applications of marijuana—and pharmaceutical companies are gearing up for a future where these options could hit the market, says Piper Jaffray. The back story. In 2017 Canada legalized cannabis, but the road toward acceptance in the U.S. looks longer. The U.S. has taken […]
Former Israeli Prime Minister Ehud Olmert Joins Medical Cannabis Company Univo
PRESS RELEASE This unique collaboration will help boost Univo’s business development globally and was arranged by Ido Hagag, owner of Hagag Group and a leading investor in Univo ASHKELON, Israel–(BUSINESS WIRE)–Univo Pharmaceuticals Ltd (TASE: UNVO.TA) (https://www.unvmed.com), the one-stop-shop solution for medical cannabis from seed to market, announces today that former Israeli Prime Minister Ehud Olmert is […]
Innovative Industrial Properties Acquires California Property Portfolio and Enters into Long-Term Leases with Licensed Operator
PRESS RELEASE Acquisition Represents IIP’s Second Investment in California, Expanding Footprint to 18 Properties in 11 States SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of […]
