News
Global Cannabis News & Analysis | Business of Cannabis
News · page 49
- Pharmaceutical
Jazz Pharma Backs Crackdown On UK CBD Industry Amid Inquiry Into UK Drug Law
YESTERDAY morning the Home Affairs Committee held the opening session of its new inquiry into drugs, seeking to examine the impact and efficacy of the ‘current legislative framework’.
- News
MGC Pharmaceuticals Says New Deal Will Propel It ‘Into The World Of True Pharma’ As It Appoints New CFO
MGC Pharmaceuticals has announced the appointment of a new CFO in the latest of a flurry of updates from the company, which says it is on the precipice of breaking into the world of ‘true pharma’.
- CBD Market
Recommended THC Limits Would Mean ‘No Jobs, Industry or Farming’ In The UK Says CBD APPG Secretariat Tenacious Labs
TENACIOUS Labs, which launched into the cannabis market last year with a flurry of acquisitions across the US and UK, was appointed as secretariat of the CBD (Cannabidiol) Products All Party Parliamentary Group just months later.
- Medical
New Pilot Could See Patients On The Isle Of Man Gain Access To Medical Cannabis For The First Time
THE Isle of Man’s 83,000 inhabitants could soon gain access to medical cannabis for the first time as the Department of Health & Social Care (DHSC) prepares to launch a new pilot scheme.
- Adult-Use
Legal recreational cannabis sales begin in New Jersey
It has been a historic week for New Jersey’s cannabis sector with thirteen dispensaries opening their doors to recreational consumers for the very first time.
- Companies
Leading MSO teams up with Black Institute Group to tackle social equity in cannabis
AUDACIOUS and Black Institute Group aim to improve social equity in the cannabis space though a number of new initatives
- Adult-Use
Akanda to acquire major Portugal-based medical cannabis company Holigen
Through the acquisition, Akanda will receive immediate EU GMP certification, a significantly expanded product portfolio, and an award-winning genetics library.
- Markets & Stocks
European Cannabis Stocks Review: FSA Makes ‘Final Call’ For Evidence As Cellular Goods’ Stock Recovers From Confusion Over Its Products’ Inclusion
THE fallout from the publication of the FSA’s Public List is continuing to be felt on the stock markets this week, with the regulator issuing a ‘final call’ for evidence after a number of CBD companies came forward with ‘new evidence linking large numbers of individual products to applications.’
- Companies
Cannabis tech company Treez raises $51 million in latest funding round
Treez announced the completion of a Series C funding round on 4/20 as it sets out plans for ‘aggressive’ sales growth and product innovation.
- Adult-Use
New cannabis-themed ETF launches
A new cannabis-themed ETF has launched this 4/20 giving investors the opportunity to capitalise on the growing North American market.
- CBD Market
Chill Brands Instates New 26-Year-Old CEO As CCO Departs
CHILL Brands has announced a major reshuffle of its c-suite following months of turbulence and share price decline, instating a new 26-year-old CEO and seeing its CCO depart after less than six months on the job.
- Adult-Use
German Government Has ‘Set The Bar So High’ For Adult-Use Cannabis Market They’ll Be ‘Like A Student Cramming For An Exam’ In Order To Achieve Goals
SINCE Germany’s ‘traffic light coalition’ was voted in late last year, bringing with it the promise of a recreational cannabis market in Europe’s largest economy, a new wave of investment has flooded into the sector.
