CEA Industries Raises $24 Million Selling Units at $4.13 – New Cannabis Ventures

10, 2022 systems engineering and technologies, today announced the pricing of an underwritten public offering of 5,811,138 shares of the Company’s common stock and warrants to purchase up to 5,811,138 shares of the Company’s common stock at a combined public offering price of $4.13 per share and warrant for aggregate gross proceeds of $24 million […]

Victoria Cannabis Buyers Club, its founder facing total of $6.5 million in fines – Vancouver …

The letter said the club contravened the Cannabis Control and Licensing Act and the fines were calculated based on twice the retail value of cannabis sold, possessed for the purpose of sale or produced during the enforcement periods. Since its doors opened in 1996, the club has been providing patients who have a certificate from […]

Federal Cannabis Reform – Is 2022 the Year? – National Law Review

And for good reason –  the induction of a new, more liberal administration, rapid state-level legalization, broad support by Americans, and growing bipartisan backing led many to believe that 2021 was going to be the year where federal decriminalization of cannabis would become a reality. Justice Clarence Thomas from the Supreme Court even subtly advised Congress […]

Comparing Psychedelics & Cannabis Stocks: Why Investors Are Asking the Wrong …

Since the first companies went public in 2020, investors have been betting on the “revolutionary” potential of psychedelic drugs for mental healthcare, with many jumping into the market believing it would mimic early days of Canadian cannabis stocks. For one, let’s look at the policies around cannabis and psychedelics. Although there have been some encouraging […]

Schumer invites senators to shape cannabis bill (Newsletter: February 11, 2022) – Marijuana Moment

is being sued by a former employee who says he was subject to racial discrimination and retaliation after standing up for a colleague who said she was sexually harassed. Previously he reported for Marijuana.com and MassRoots, and handled media relations and campaigns for Law Enforcement Against Prohibition and Students for Sensible Drug Policy. Amazon settled […]

California Cannabis Brand Garden Society Plans National Expansion Following Series A …

Co-Founder and CEO Erin Gore spoke with New Cannabis Ventures in 2019 and reconnected this year to talk about the company’s business model and national ambitions. Over time, it became clear that this model was not scalable for the company. It is contract manufacturing for many of the leading brands in the state, which has […]

Aurora Cannabis Q2 Revenue Decreases 10% to C$60.6 Million

, the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. During the second quarter, we improved our Adjusted EBITDA by $2.5 million over Q1, moving us closer to our profitability goal. New international markets are rapidly opening, and […]

Israel announces new cannabis laws to protect users from ‘all criminal prosecution’ – Canex

The new bill will “protect” the user and all those with past criminal records. According to The Jerusalem Post, currently, people with a past criminal record are to be tried and prosecuted for any cannabis-related offences. Keeping subscribers up-to-date with news & insight within the CBD industry. …Read the full story