Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 218
- CBD Market
CBD brand fourfive secures retail listing with Tesco
George Kruis and Dom Day’s CBD products will be seen on Tesco shelves after products appear on FSA CBD list.
- Companies
Juicy Fields Has Now Entered Its Next Phase As More Fraudsters Emerge ‘Attracted By The Business Opportunity Of Scamming These Victims’
SIX weeks after the initial downfall of Juicy Fields, and the scandal has entered a new, unexpected phase that threatens to be just as harmful as the first.
- Adult-Use
Mayor of New York launches “support beyond licence” program for cannabis industry
SUPPORT SERVICES Mayor of New York launches “support beyond licence” program for cannabis industry Eric Adams, the mayor of New York City, has launched Cannabis NYC under the Department of Small Business Services, per Marijuana Moment.
- Medical
Cannbit-Tikun Olam Israel receives EU-GMP certification
This is the company’s most important strategic move to date, according to CEO Avinoam Sapir
- Companies
First CEO appointed to Cannabis Industry Council
Mike Morgan-Giles has started as CEO of the Cannabis Industry Council (CIC).
- Companies
UK medical cannabis clinic Lyphe Group expands to Australia
Patients will be able to access telehealth appointments.
- Markets & Stocks
Goodbody Health Announces 1:10 Share Consolidation As It Completes Redomiciliation To Guernsey
GOODBODY Health informed investors this week that it intends to apply a 1:10 ‘reverse stock split’ as it waits for its shares to return to trading on the Aquis Stock Exchange.
- CBD Market
Canada’s Sundial to acquire Valens for $138 million in an all-stock deal
BIG ACQUISITION Canada’s Sundial to acquire Valens for $138 million in an all-stock deal Calgary-based Sundial Cannabis has agreed to buy Kelowna-based The Valens Company for $138 million in an all-stock deal, reports BNN Bloomberg.
- Data & Analysis
A look at unpackaged cannabis production in Canada
The CCSI was assessed at C$5.41 per gram this week, down 0.4% from last week’s C$5.43 per gram.
- Opinion
With Extracts Expected To Achieve A ‘50% Share Of The EU Cannabis Market’ In The Next Few Years, Who Is Currently Leading The Field?
Michael Sassano, CEO of international cannabis manufacturer Somai Pharmaceuticals, explores the state of cannabis extract manufacturing in Europe and who is currently leading the pack.
- CBD Market
Federal court ruling on Maine cannabis licensing could have other implications
FEDERAL RULING Federal court ruling on Maine cannabis licensing could have other implications Last Wednesday, a federal court ruled that Maine’s law requiring medical cannabis licensees to be held by residents is unconstitutional.
- Companies
JuicyFields: The World’s Biggest Cannabis Scam Explained – Smells Like Business Podcast
IN JULY, cannabis crowdfunding company Juicy Fields collapsed overnight without explanation, leaving what is thought to be over 100,000 investors unable to access their funds.
