PRESS RELEASE TORONTO–(BUSINESS WIRE)– FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (“FSD Pharma” or the “Company”) today announced that the U.S. Food and Drug Administration (FDA) has given the company permission to submit an Investigational New Drug Application (IND) for the use of FSD-201 (ultramicronized palmitoylethanolamide, or ultramicronized PEA) to treat COVID-19, the […]
Coronavirus
Restructuring Realities and Alternatives for Cannabis Companies in the Age of COVID-19
In the wake of COVID-19, there will be a tsunami of cannabis-related businesses looking for restructuring options. The cannabis industry has been hit especially hard in these unprecedented times. Even before COVID-19, some businesses in this industry were teetering on the brink of insolvency, given limited financing options and unforgiving capital markets. With the added […]
New York City Is Shut Down, But Its Black-Market Weed Is Booming
“There’s a morgue with refrigerated trucks down the street from me,” says one West Village customer. “If I could live in my bong right now, I’d do it” “There’s a morgue with refrigerated trucks down the street from me,” says one West Village customer. “If I could live in my bong right now, I’d do […]
Banking for marijuana companies included in Congress’ new $3 trillion coronavirus stimulus bill
The HEROES Act is likely to pass the Democratic-controlled House, but faces an uphill battle in the GOP-controlled Senate Cannabis industry advocates applauded House Democrats on Tuesday after a new $3 trillion federal stimulus bill included provisions to allow marijuana businesses access to banking. Introduced by House speaker Nancy Pelosi, the Health and Economic Recovery […]
COVID-19 & The Cannabis Industry: Ten Industry Leaders Share How Their Companies are Dealing With The Crisis
Over the last several weeks, CBE Press LLC (CBE) has been conducting research to learn from industry leadership how the COVID-19 Crisis is effecting their businesses and to learn how they are making adjustments to weather the short term storm while positioning their companies for the long-term until a vaccine is available to protect lives […]
Cannabis Industry’s “COVID-19 Disaster Recovery Playbook”
For legalized marijuana, the coronavirus (“COVID-19”) pandemic has been the worst of times and the best of times. Despite being deemed “ineligible” for much of the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) benefits, nearly derailed by commercial-contract-voiding “force majeure” provisions, and denied federal bankruptcy protection, COVID-19 has resulted in extraordinary Marijuana Related […]
Managing employer risk in the age of the coronavirus – Part 2: Creating a plan
Employers’ infectious disease programs should consider worker exposures and provide contingencies for a variety of scenarios. Editor’s Note: Part 1 of this two-part series addressed employers’ obligations to ensure workplace safety for customers and employees. As the coronavirus spreads across the globe, companies are identifying how to respond to their customers while protecting employees […]
Cannabis In Colorado Isn’t Like A Normal Business. The Challenges Of Coronavirus Really Drive That Home
In about two hours, Denver Mayor Michael Hancock taught public officials a valuable lesson about the meaning of the word “essential.” When he announced the city’s stay-at-home order on March 23, Hancock said recreational marijuana dispensaries, as well as liquor stores, would not rise to the level of “essential.” The Denver residents who quickly formed long […]
5 Tips for Setting Up a Pandemic Response Plan
As the coronavirus (Covid-19) continues to spread around the world, businesses must do what they can to prepare for absent staff and possible periods of enforced closure. It’s vital that companies of all sizes and types draft a distinct crisis response plan, because existing disaster recovery plans or business continuity plans might not suffice. The […]
Marijuana industry tested in virus crisis
The unofficial holiday celebrating all things cannabis arrives Monday as the nation’s emerging legal marijuana market braces for an economic blow from the coronavirus crisis, with many consumers reducing spending or going underground for deals. It was supposed to be a long weekend of festivals and music culminating on April 20, or 4/20, the code […]
