TerrAscend Closes First $24 Million of Upsized $30 million Unit…

TerrAscend Provides Update and Closing Details for its Oversubscribed US$20 Million Private Placement. Deal is upsized to US$30 million based on strong investor demand… #TER #Terrascend #TRSSF Visit the TerrAscend Investor Dashboard and stay up to date with data-driven, fact based due diligence for active traders and investors. TerrAscend Provides Update and Closing Details for …

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Better luck Next Year – Cannabis Reform in America stalls out in 2019 – Cannabis News | Lifestyle Tips | Expert Opinions | Stocks

– In significant news affecting our American neighbours, that came and went, largely without a trace, the United States Senate shut down several attempts by In significant news affecting our American neighbours, that came and went, largely without a trace, the United States Senate shut down several attempts by the House of Representatives to pass …

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Wisconsin Banking Hemp Likely to Expand in 2020

Nearly 50% of bank respondents to a recent Wisconsin Bankers Association survey will extend banking services to hemp-related customers. MADISON – PRESS RELEASE – Nearly 50% of bank respondents who are currently not banking hemp said they will extend services to hemp-related customers in 2020 according to a recent Wisconsin Bankers Association (WBA) survey. WBA’s …

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Indiana Lawmakers File Cannabis Reform Legislation for 2020

Decriminalization and smokable hemp are among the issues addressed by the proposed bills. The U.S. Department of Agriculture (USDA) has issued its hotly anticipated Interim Final Rule (IFR). The IFR implements the hemp-related provisions of the Agricultural Improvement Act of 2018 (the “2018 Farm Bill”). Both the IFR and 2018 Farm Bill apply equally to …

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Arkansas Medical Cannabis Sales Top $28 Million in 2019

Patients have purchased more than 4,209 pounds of product in the seven months since medical cannabis sales began. The U.S. Department of Agriculture (USDA) has issued its hotly anticipated Interim Final Rule (IFR). The IFR implements the hemp-related provisions of the Agricultural Improvement Act of 2018 (the “2018 Farm Bill”). Both the IFR and 2018 …

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Memo to would-be cannabis entrepreneurs: Be diligent – Marijuana Venture

As marijuana and CBD hit the mainstream and more jurisdictions legalize cannabis for recreational and/or medical use, opportunities for intrepid entrepreneurs will continue to multiply. But as with any growth industry in its nascent stage, the cannabis business is sure to have its share of opportunists –unsophisticated investors, bad actors and just plain liars –… …

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Two New Adult-Use Cannabis Petitions Filed in Oklahoma

A previous petition, State Question 806, was pulled after receiving criticism from medical cannabis advocates. The Missouri Department of Health and Senior Services (DHSS) issued 60 medical cannabis cultivation licenses Dec. 26. Over 500 applications were submitted to the state, according to a local KRCG report. The DHSS used a blind process to review and …

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Italy’s Supreme Court Says Growing Cannabis at Home Is Legal

The ruling is expected to receive pushback. The U.S. Department of Agriculture (USDA) has issued its hotly anticipated Interim Final Rule (IFR). The IFR implements the hemp-related provisions of the Agricultural Improvement Act of 2018 (the “2018 Farm Bill”). Both the IFR and 2018 Farm Bill apply equally to states and Indian tribes. To avoid …

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Bermuda releases draft medical marijuana law and rules to ‘spark entrepreneurship’

Bermuda released the draft legislative infrastructure to establish a domestic medical cannabis industry, which Attorney General Kathy Simmons said would create business opportunities for local enterprises and attract international investment. The government is inviting the public Bermuda’s government will review feedback it receives on the draft medical marijuana law and regulations before legislation is introduced …

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