Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 226
- Companies
MGC Pharma signs $10m financing agreement and invests in AI firm
The company has signed the agreement with US-based Strategic Fund and its largest shareholder, Mercer Street Capital.
- Cultivation
Greece welcomes first medical cannabis plants from Israel
Mother plants have arrived in Greece, marking the beginning of production for Tikun Europe.
- Markets & Stocks
European Cannabis Stocks Review: SEED Innovations Says Yooma Wellness Has Had A ‘Major Impact’ On Its NAV & MGC Pharma Announces New $10m Financing Agreement
THIS week saw two landmark cannabis reform bills put before US Congress, including the Cannabis Administration and Opportunity Act (“CAOA”) and the Secure and Fair Enforcement Act (SAFE).
- Adult-Use
Russians say US should respect its drug laws, keep Griner negotiations private
BEHIND CLOSED DOORS Russians say US should respect its drug laws, keep Griner negotiations private In response to a press conference announcing that the US could give up convicted “Merchant of Death” arms dealer Viktor Bout in exchange for WNBA player Brittney Griner and fellow detained American Paul Whelan, the Kremlin’s Dmitry Peskov told reporters…
- Companies
Juicy Fields fraud controversy: company claims it will refund investors
The company has now claimed it will begin a formal process to refund capital investments to all affected eGrowers who have invested funds with Juicy Fields.
- News
Launching Today – The North American Cannabis Report: 3rd Edition
Prohibition Partners are proud to launch The North American Cannabis Report: Third Edition in partnership with Business of Cannabis.
- Pharmaceutical
Linneo Health expands medical cannabis offering
The company’s offering will now include cannabis derivatives.
- Adult-Use
Akanda Could Lose Its African Subsidiary Bophelo Amid Dispute With Former Executive Chairman
AKANDA’s wholly owned subsidiary Bophelo Bioscience, which operates the company’s key cultivation facility in Lesotho, has been taken into liquidation by the country’s high court in what the company is calling a ‘retaliation’ from a disgruntled former director.
- Policy & Regulation
The bipartisan cannabis research bill passes
IMPROVED ACCESS Cannabis research bill passes The bipartisan Medical Marijuana and Cannabidiol Research Expansion Act passed the US House on Tuesday and is expected to be heading to the President’s desk soon, reports Cannabis Business Times.
- Hemp Industry
Global industrial hemp market projected to hit $3.2bn by 2028
A new report suggests the market will grow at a CAGR of of 15.7 per cent during the forecast period of 2022 to 2028.
- Cultivation
Glass Pharms hires one of UK’s most experienced glasshouse growers
Richard Lewis has more than 38 years of glasshouse experience.
- Press releases
Apollon Formularies Announces Acquisition Of Citiva Jamaica LLC & Collaboration Agreement With University Of West Indies
APOLLON Formularies plc (AQSE: APOL, “Apollon” or the “Company”), a UK-based international pharmaceutical company trading on the Aquis Stock Exchange, is delighted to announce that its Jamaican affiliate, Apollon Formularies Jamaica Ltd (“Apollon Jamaica“), has reached an agreement to acquire Citiva Jamaica LLC (“Citiva Jamaica“) (the “Acquisition“) in a part-cash, part-shares transaction.
