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HighLights

Green Market Report
Europe’s booming CBD market is at risk of going bust after food officials recategorised cannabidiol as a novel food, effectively outlawing its sale across the union.
The European Food Safety Authority said the substance must undergo further testing before it is approved, a process which could take two years...
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Stocks

Yahoo Finance
Canada’s two biggest cannabis companies report earnings this week, giving us the first glimpse -- however murky -- of what recreational sales look like.
Aurora Cannabis Inc. reports fiscal 2018 earnings Monday morning and Canopy Growth Corp. reports Thursday after the close, followed by an analyst call on Friday...

The Growth Op
Khiron Life Sciences Corp. has entered into an agreement with Canaccord Genuity Corp. and BMO Capital Markets as co-lead underwriters and joint book-runners, as well as Cormark Securities Inc., to increase the size of its previously announced “bought deal” financing from approximately $20 million to about $25.1 million...

The Chronicle Herald
Canada's main stock index posted its fifth straight positive week of the year despite closing lower Friday.
There was no clear direction on the day for North American markets, but the TSX has gained so far in 2019 after being so oversold last year, said Cavan Yie, a portfolio manager at Manulife Asset Management...

The Street
More options are emerging, though, to make more targeted investments in refining cannabis to make vape oils, waxes and edibles.
Among these emerging names, Valens GroWorks Corp. (VGWCF) (CSE: VGW) debuted its stock late last year on the OTCQB. The stock recently drew an outperform rating from AltaCorp Capital...

New Cannabis Ventures
Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX:VFF) (OTC: VFFIF) today announced its cannabis joint venture, Pure Sunfarms Corp. (“Pure Sunfarms”), through a competitive process, has been selected by, and has entered into a supply agreement with, the Ontario Cannabis Retail Corporation...
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Business

Crains Chicago Business
As Illinois marches toward legalizing recreational marijuana under Gov. J.B. Pritzker, market pioneers who shelled out big money to gain an early foothold in the state's medical cannabis program are trying to keep the much larger recreational, or adult-use, business to themselves...
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Global News

Jamaica Gleaner
Jamaica’s decriminalisation of ganja in 2015 brought with it many expectations, one being the ability to export its hi-grade herb.
With a relatively small marketplace (a 2016-2017 Jamaica Health and Lifestyle Survey says 17 per cent of Jamaicans use ganja), investors are eager to expand their market base beyond Jamaica’s 2.9 million citizens...
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US News

Boston Globe
If you want to open a marijuana business in Boston, the city’s website instructs you to follow a few seemingly simple steps:
1. Fill out an application.
2. Apply for a conditional use permit, which will be denied, because no area of Boston is zoned to allow marijuana businesses by default...

Civilized
Since Democrat J.B. Pritzker took over as Governor of Illinois, many in the state have worked to pass a recreational marijuana bill. And now the first bill to do so has finally been introduced. Illinois State Representative Carol Ammons introduced a bill to legalize recreational marijuana in Illinois...

CBS Albany
Border Patrol agents seized 3,000 pounds of marijuana Sunday with an estimated value of more than $2.3 million.
Laredo Sector Border Patrol agents said they were inspecting a tractor pulling a flatbed trailer Sunday night around 10 p.m. when a Border Patrol K-9 alerted to the possible presence of illegal contraband in the vehicle...

Inverse
his week, state and local authorities cracked down on foods containing the increasingly popular cannabis extract cannabidiol, better known as CBD. Public health officials in Maine, New York City, and Ohio have banned sales of foods containing CBD, citing US Food and Drug Administration guidelines...

Pensacola News Journal
Saying hemp is poised to be a “multibillion-dollar industry in the state,” Agriculture Commissioner Nikki Fried on Wednesday appointed the state’s first cannabis czar.
Fried, a Democrat elected in November who made increasing access to medical marijuana one of the cornerstones of her campaign...

Marijuana Moment
New Mexico lawmakers voted to advance a marijuana legalization bill out of committee on Saturday.
The legislation, if it passes through the legislature and is signed into law, will allow adults 21 and older to possess up to two ounces of cannabis and up to 16 grams of marijuana extracts...
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California News
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Canadian News
Ottawa Sun
The bagel queen of Wellington Street West says she doesn’t know what it will be like to have one of Ottawa’s first legal cannabis shops open across the street, but she’s optimistic...
CTV News
Four months after recreational cannabis sales became legal in Canada, stores are running out of the product. One expert says it could take five years to get back on track...
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