Daily Cannabis News Roundup | January 23, 2019

HighLights

Canadian legalisation of cannabis reduces both cash usage and the ‘black’ economy

Canada is the first major developed nation to have legalised recreational cannabis use. This column argues that movements in cash in circulation …

California Cannabis: Breaking Down the CDPH Permanent Regulations

The State of California finally adopted permanent cannabis regulations earlier this month. In a series of posts, we’re going to cover the highlights of …

TOKERS & JOKERS | CANNABIS STOCKS MIXED TUESDAY

The Morning Blunt
US and Canadian cannabis stocks fell with the broader market Tuesday, with only a handful of gains…

Stocks

Cannabis producers Aphria and Green Growth halted

Shares of Canadian cannabis producer Aphria Inc. APHA, +5.99% APHA, -4.94% and U.S.-based Green Growth Brands Inc. GGBXF, +6.94% were …

Tilray to acquire Natura Naturals in potential C$70m deal

Tilray, Inc. has entered into a definitive agreement to acquire all of the issued and outstanding securities of cannabis cultivator Natura Naturals …

Philip Morris keeps powder dry on cannabis

The head of Philip Morris International has said the cannabis market remains too risky for it to follow rival cigarette maker Altria by making a significant …

4 Marijuana Stocks That Look Profitable in 2019

Marijuana stocks may not have had a stellar year in 2018. But, this year could easily bring better news as such markets continue to expand and more …

Market Watch
KushCo Holdings, Inc. (otcqb:KSHB)…announced it closed a registered direct offering of 6,476,190 shares of common stock and warrants to purchase 3,238,095 shares of common stock with a …

Hempco completes $5 million agreement with Aurora Cannabis Inc.

Hempco Food and Fiber Inc. has completed an agreement with Aurora Cannabis Inc. for a non-brokered, private placement of a $5 million …

Aurora Cannabis Inc. (ACB) stock remained among Quarterly Losers with decline of -38.31%

This is something that investor look for in all the stocks in which investor is trading and this is an important indicator to keep tabs on. Aurora Cannabis …

Aphria and UNOapp partner on technology, analytics for adult-use cannabis industry

Cannabis industry’s long-term future expected to be driven by consumer-centric, innovation-led product, brand and technology solutions.

Cannabis Operator Lines Up $40 Million Credit Facility

DionyMed Brands Inc., a multi-state cannabis brand and delivery platform, recently announced it had signed a definitive agreement for a two-year, up …

CannTrust Gets Green Light for Expansion

… and healthcare experience to the medical cannabis industry and serves over 60,000 medical patients with its dried, extract and capsule products.

4 Marijuana Stocks That Look Profitable in 2019

Nasdaq
According to Arcview Market Research and BDS Analytics, global consumer marijuana outlays are estimated to climb 38% to $16.9 billion this year, up from a projected $12.2 billion last year, $9.5 billion in 2017, and $6.9 billion in 2016…

Market Watch
Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV) is pleased to announce it has completed an equity investment in 10663522 Canada Inc., or “Herbert”…

World’s First Cannabis Validation Testing Program Hits the Market

The cannabis industry is expanding at a breakneck pace across North America and around the world. While the industry is heavily regulated, the rapid …

Zacks: Neptune Wellness Solutions Inc (NEPT) Given $6.06 Consensus Target Price by Analysts

Modern Readers
Shares of Neptune Wellness Solutions Inc (NASDAQ:NEPT) (TSE:NTB) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers

MPX Receives Final Court Approval for Arrangement with iAnthus

… will hold all of the non-U.S. businesses of MPX and will be focused on developing and operating assets across the global cannabis industry with an …

Market Watch
Harvest Health & Recreation Inc.(CSE: HARV) (OTCQX: HTHHF), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced…

Market Watch
Aleafia Health Inc’s.(ALEF) (otcqx:ALEAF) (fra:ARAH) CEO Geoffrey Benic discussing the company’s acquisition of Emblem Corp. creating Canada’s largest…

Valens Signs Multi-Year Cannabis Extraction Agreement with Sundial Growers

Under the terms of the Agreement, Sundial will ship bulk quantities of dried cannabis to Valens over an initial three-year term. The Company will …

Golden Leaf Holdings Ltd (OTCMKTS:GLDFF) Terminates Asset Purchase Agreement in San Jose, CA

MMJ Reporter
Golden Leaf Holdings Ltd (OTCMKTS:GLDFF) announced the termination of asset purchase accord to take over multi-use ‘Sweet 16’ license and other assets in San Jose, California…

Market Watch
The US pet industry expenditures are estimated at USD 72.13 billion for 2018 according to the American Pet Products Association and the global pet care market is expected… 

Business

280E Curveballs and Cannabis Tax Tips for Survival

Another crucial factor in determining the success or failure of your cannabis business is choosing which professionals to work with. Cannabis Tax …

Retail Cannabis Investors Paved the Way for Institutional Investors to Jump in – How CIBC, Piper …

22, 2019 (GLOBE NEWSWIRE) — Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot …

Cannabis M&A spikes in US, overseas as firms look beyond Canada for growth

Canadian medical cannabis companies are increasingly looking internationally for acquisitions to tap growth while consolidation in the country’s …

New Cannabis Markets Bring Evolved Business Licensing Process: Q&A With Attorney Brian Vicente

Cannabis Business Times: How have things changed, in terms of what regulators want to see on applications and how businesses have responded …

Canada’s pot shortage could last 5 years amid edibles demand: Expert

Robinson, who has worked with 13 of Canada’s top pot producers, was one of the country’s first cannabis consultants after legislation was passed to …

Global News

EMMAC Life Sciences PLC: Acquisition of a Majority Interest in Medalchemy, a GMP Certified …

“EMMAC is committed to bringing together the latest science and research into the medical benefits of cannabis. The acquisition of Medalchemy is an …

Two Hands Corporation Signs Agreement to Purchases Colombian Cannabis License

The custom application development company has agreed to purchase the license to grow, export and hold cannabis and CBD derivatives from Platro …

New Zealand Company Gets Licensed for High-THC Cannabis

… they were the first in the country to get the green light to grow strains with high levels of THC, the main psychoactive compound found in cannabis.

US News

Growers turning up legal pressure on Cannabis Commission

Growers turning up legal pressure on Cannabis Commission … to extract more than 3 percent of the marijuana business’s gross sales, the cap in place …

Oregon Dem top recipient of 2018 marijuana industry money, study finds

received the most money from marijuana industry groups in the 2018 … from the country’s top marijuanagroups to incumbents who ran in November.

DC Lawmaker Proposes Same-Day Medical Marijuana Access And Social Use Spaces

A Washington, D.C. lawmaker introduced a bill on Tuesday that would make significant changes to the way patients are able to obtain medical …

North Dakota Begins Issuing Medical Marijuana Cards

BISMARCK, N.D. (AP) — North Dakota began issuing medical marijuana cards this week to patients and caregivers after nearly two years of work …

South Dakota Senate Committee to Look at CBD Issue

Keloland Media Group
Senate Bill 22 says it will make cannabidiol, or CBD, a Schedule IV … the bill doesn’t distinguish whether the cannabidiol is derived from marijuana or …

Judge: NM State Fair infringed on medical cannabis firm’s free-speech rights

A federal judge ruled that the New Mexico State Fair violated the First Amendment rights of medical marijuana company Ultra Health in restricting its …

Missouri marijuana law allows for some leniency

A nationwide move toward more widespread marijuana legalization is creeping into Mid-Missouri. Following the lead of larger communities, local law …

Congressional ‘Green Tide’ Could Make 2019 Marijuana’s Best

Not only did the Democrats take back control of the House, there is no more Pete Sessions to block cannabis legislation from reaching the floor for …

California News

California Implements Cannabis Regulation

California has had a quasi-legal, semi-organized medical cannabis industry for over 20 years. It is noteworthy that the Harborside and the Alternative …

California Marijuana Notebook: Track-and-trace launch & new legislative session begins

(This is a regular column that delves into the complicated issues surrounding California’s immense cannabis market from the vantage point of ..

General Cannabis Continues Expansion with Latest Office Opening in Los Angeles and …

(OTCQX:CANN), the comprehensive resource for the highest quality service providers available to the regulated cannabis industry, today announced …

Our View: Cannabis a work in progress

California voters decided a couple of years ago that the recreational use of marijuana should be legal, following the lead of several other states.

Growers association drops lawsuit against state over permitting large-scale cannabis cultivators

The California Growers Association has asked a Sacramento judge to dismiss a lawsuit the association filed against the California Department of Food …

Pot website offers free medical marijuana to government workers amid shutdown

Pot website offers free medical marijuana to government workers amid … and compliant with California Cannabis adult use laws and regulations.”.

Canadian News

The new grey market: As older users warm up to cannabis, pot companies want to learn more

“We’re in the medical marijuana business, after all. It’s important for us to make sure that we’re doing the best for our patients — seniors are a big part …

Travellers caught carrying small amounts of cannabis into Canada could be hit with fines

Agency officials underscored the seriousness for new Border Security Minister Bill Blair in briefing materials on implementation of the new cannabis …

Science News

Medicinal Genomics Releases Industry’s First Comprehensive Cannabis Reference Genome

These patents should never have been granted in the first place and we intend to use full power of science to unlock the cannabis plants’ genetics to …

I Was Wrong… und das ist auch gut so!

In this Op-Ed, Dr. Markus Roggen discusses the evolution of cannabis science and why we need more experiment-based research.

Cannabis Science Conference Announces East Coast Expansion to Baltimore, Maryland with …

World’s largest and most technical scientific cannabis event to offer over 75 expert presenters through three distinct tracks: the Analytical Cannabis …