Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 96
- Uncategorized
Canada’s Indiva Granted Creditor Protection as It Eyes Sale to SNDL
Canadian cannabis edibles manufacturer, Indiva Limited, announced this week that it has officially received creditor protection ‘in order to restructure (its) business and financial affairs’.
- Uncategorized
Hedge Fund Fined $2.25m by SEC After Allegedly Paying Research Firm to Produce Negative Reports of Cannabis Companies It Had Shorted
A Canadian hedge fund known for short-selling cannabis stocks has been fined $2.25m by the Securities and Exchange Commission (SEC) after allegedly paying a research firm to produce research about companies it was shorting.
- Companies
Stenocare Unveils Innovative Cannabis Oil with Enhanced Bioavailability
Danish medical cannabis manufacturer Stenocare has launched a new ‘next generation’ cannabis oil, which it hopes will represent the ‘next milestone in product quality and innovation’ in the space.
- Uncategorized
Holistic Industries Fined $200k Over Massachusetts ‘Mold Scandal’
Massachusetts’ Cannabis Control Commission (CCC) has fined multi-state operator Holistic Industries $200,000 for allegedly knowingly selling moldy cannabis to consumers.
- Markets & Stocks
Chill Brands Ousted Directors Transferred $400k to Personal Accounts While CEO Absent, & Germany’s CanG Changes Boost Cannovum’s Stock
Chill Brands [stock_market_widget type=”chart” template=”line” assets=”CHLL.L” range=”1mo” interval=”1d” price_field=”close” border_width=”3″ tension=”0.5″ line_color=”#5679FF” range_selector=”true” axes=”true” cursor=”true” api=”yahoo-finance”] Chill Brands’ ongoing boardroom debacle took another dramatic turn this week following revelations that its ousted directors acted ‘to defraud the business’ while its CEO was temporarily suspended.
- Uncategorized
New York Issues 105 More Cannabis Licenses as Governor’s Office Accused of Ignoring Warnings Over $150m Finance Deal
New York’s Cannabis Control Board has issued 105 new adult-use licenses and legalized home cultivation amid an ongoing overhaul of the state’s cannabis regulators.
- Uncategorized
Health Canada Publishes Swathe of Proposed Amendments to Cannabis Act
Last week, Health Canada published a series of proposals for regulatory changes to its federal cannabis programme as part of its ongoing review of its landmark policy.
- CBD Market
Italy’s Hemp Sector Fights Back Against Government Ban, Seeks EU Intervention
Italy’s hemp industry has called on the European Commission (EC) to intervene after the government moved to ban the cultivation, production and marketing of hemp.
- Press releases
Bloomwell Group Unites Brands and Operations to Form Germany’s Largest Digital Platform for Medical Cannabis
Award-winning Frankfurt-based company Bloomwell Group GmbH (“Bloomwell Group”) today announced the launch of Germany’s largest centralised digital platform for medical cannabis with regards to participating users, creating a one-stop shop for patients, physicians, pharmacies and suppliers all under the Bloomwell brand name.
- Adult-Use
New York’s Cannabis Regulator Sees Multiple New Appointments After Embattled Leader Quit Early
New York Governor Kathy Hochul has appointed a new interim Executive Director of the state’s cannabis regulator after its previous leader was pushed out.
- Uncategorized
Hemp Killing Amendment Added to Second Major Piece of Legislation in Latest Blow for Us Hemp Industry
The now infamous ‘hemp killing’ amendment has been added to a second key piece of legislation by the government which stands accused of ‘turning their backs on farmers, veterans, and small businesses’.
- Press releases
Tikun Olam Europe: The 1st Company That Develops and Markets Finished Medical Cannabis Products Under Prescription in Greece
Over the last 5 years, Greece has emerged as a progressive player in the medical cannabis industry on the global stage.
