As a follow-up to the story CBE posted on April 11, 2018, “The Largest Cannabis Industry IPO to Date: Cannabis Strategies Acquisition Corporation (CSAC)” , CSAC issued the following press release this past Thursday. PRESS RELEASE Highlights of the Transaction CSAC has executed agreements to acquire 5 existing companies to create an anchor portfolio (the “Anchor […]
Industry News
Here are the most popular marijuana stocks as Canada becomes the largest country to legalize
Popular marijuana stocks fell across the board Wednesday, paring extreme gains so far this year, as investors cashed in a bit of their bet as Canada became the largest country to legalize the recreational use of cannabis. After months of political haggling and legal debate, Canada joined the U.S. states of California, Massachusetts, Maine, Alaska, […]
Cannabis Industry Continues to Mature, But Getting Title Insurance Still Problematic
By: Leo G. Aubel, Partner, Howard & Howard As conflicting state and federal laws regarding cannabis production, distribution, sales and marketing continue on their collision course, two major hurdles for the U.S. cannabis industry have come into focus: banking and title insurance. The purchase, sale, lease, and use of real estate by the cannabis industry in […]
How the pot jobs boom is poaching Canadian talent
Stefania Zilinskas knows she’s made an “incredibly risky” move. The 34-year-old left her job as a securities lawyer at Blakes, Cassels and Graydon LLP in July after a five year tenure and a path to partnership. But Zilinskas says she gave up the chance to climb to the top of one of Canada’s biggest law […]
Former Prime Minister of Canada Brian Mulroney To Join Acreage Holdings’ Public Board of Directors
PRESS RELEASE Brings Acreage Deep Experience Across North American Commerce and Regulatory Issues NEW YORK, Oct. 17, 2018 (GLOBE NEWSWIRE) — Acreage Holdings (“Acreage”), one of the United States’ largest vertically integrated, multi-state cannabis operators, announced as part of its pending Canadian public transaction that former Prime Minister of Canada, Brian Mulroney, will be offered a […]
MedMen Hires Veteran HR Executive
PRESS RELEASE Clarence Foster brings more than 20 years of experience leading human resources at Nissan, Yamaha, L’Oreal, McDonald’s and ExxonMobil LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced the hiring of Clarence Foster as its new senior vice president of human resources. Foster brings to […]
Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better
Marijuana stocks rally after one of Canada’s biggest cannabis companies announces it has agreed to acquire a U.S.-based hemp company. Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company. Canopy Growth told investors its purchase of Evergreen, Colorado-based ebbu will “complement […]
House Republicans’ Policy Director Joins Terrapin Care Station
PRESS RELEASE Nico Pento Accepts Position as Government Affairs Director BOULDER, COLO.— Oct. 12, 2018 — Boulder, Colo.-based national cannabis company Terrapin Care Station is excited to announce the hiring of Nico Pento as its government affairs director. Pento joins Terrapin after a two-year stint serving as a Policy Director in the Colorado Legislature. He advised […]
Banking Evolution
The cannabis industry is evolving rapidly and so should your perception of banking. I recently attended the Second Annual State of the Cannabis Industry Conference, in Massachusetts. The event was organized by the cannabis law practice of Burns & Levinson and by Viridian Capital Advisors, a financial advisory firm dedicated to the cannabis industry, with […]
10 Creative Reddit Marketing Ideas for Cannabis and CBD Companies… yes, Reddit.
As the fourth most visited website in the U.S. with over 138,000 active communities, business owners and marketers are persistent on trying to reach Reddit users. But this platform has a reputation for being a tough site to market on… and what about cannabis and CBD related stuff? Let’s find out. Feed the Community with […]
Munchies of Choice Vary Between States’ Edibles Consumers
We smoke, vape and slather our weed. We affix patches infused with THC to our arms. And more and more of us, too, eat our reefer. So far during 2018, edibles sales in major states garnered 15 percent of market share among all cannabis sales, behind flower and concentrates according to cannabis research firm BDS […]
Duane Morris LLP Named American Trade Association for Cannabis & Hemp’s “National Law Firm Partner”
PRESS RELEASE First Am Law 100 Law Firm to Partner with a Cannabis Trade Association WASHINGTON, October 15, 2018 – Duane Morris LLP and the American Trade Association for Cannabis & Hemp (ATACH) today announced the first-ever partnership agreement between an American Lawyer (Am Law) 100 law firm and a cannabis trade association. Duane Morris LLP […]
Chicago marijuana company Cresco set to go public in Canada, raise funds for expansion here
Medical marijuana company Cresco Labs is moving forward with a plan to go public in Canada, a step that will give it access to additional funds to grow its business in Illinois and nationwide. Cresco announced Wednesday that it entered into a reverse takeover agreement with Randsburg International Gold Corp. that will result in a […]
CannAmerica”Brand of the Free” announces listing on CSE under symbol “CANA” and Provides Update on Business Strategy
PRESS RELEASE TORONTO, October 12, 2018 – CANNAMERICA BRANDS CORP. (“CannAmerica” or the “Company”) (CSE: CANA), a cannabis branding, licensing and intellectual property company with a portfolio of premium cannabis brands in the United States, is pleased to announce it has received approval for the listing of its common shares on the Canadian Securities Exchange […]
MTech Acquisition Corp. and MJ Freeway LLC Announce Merger Agreement
PRESS RELEASE Transaction Supported by MJ Freeway Owners, Including Prominent Tech Investor Roger McNamee. Implementing MTech’s Strategy to Provide Investors with Access to Cannabis Technology Sector New York, NY – October 11, 2018 – MTech Acquisition Corp. (NASDAQ: MTEC) (“MTech”), the first US-listed Special Purpose Acquisition Companyfocused on acquiring a business ancillary to the cannabis industry, […]
MedMen Doubles Market Reach with Acquisition of PharmaCann
PRESS RELEASE MedMen to acquire PharmaCann in all-stock transaction valued at US$682 million, the largest acquisition transaction in U.S. cannabis history. The acquisition doubles the number of states where MedMen has licenses to 12. The combined addressable market in these 12 states accounts for over 50 percent of the total estimated 2030 U.S. addressable market […]
TGOD Advances International Expansion Through Joint Venture Entering Latin America
PRESS RELEASE The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce it has entered into a strategic joint venture with LLACA Grupo Empresarial to create a 50/50 owned company to enter the medicinal cannabis market in Mexico. With this partnership, TGOD continues the expansion of its international portfolio, […]
On the Move: The Ever Increasing Domestic Footprint of Columbia Care
Ten days ago, the Virginia Board of Pharmacy Granted Five Pharmaceutical Processor Conditional Permits. The state originally indicated that they had a preference to award in-state operators but, noticeably, included two multi-state cannabis licensees in the permit mix. Columbia Care (CC), which CBE covered back in November of 2016 (Building a Medical Marijuana Footprint One Market […]
