Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced this morning that the company has entered the African cannabis markets with a $29M acquisition of Daddy Cann Lesotho PTY Ltd., better know as Highlands. This marks the 5th continent that Canopy Growth Corporation has developed operations on. Highlands is based in the Kingdom of Lesotho, in South Africa, […]Source: http://cashcroptoday.com/canopy-growth-enters-african-market-with-29m-cannabis-cultivator-acquisition/
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SPRINGFIELD, Ill. (AP) — The Illinois House has sent the governor a measure legalizing industrial hemp. The House voted 106-3 Wednesday to allow hemp cultivation for commercial use . Hemp is a form of the cannabis plant distinct from marijuana. It does not produce any high-like effects and is often used in clothing or food. […]
Thomas Jefferson University in Philadelphia is in the process of developing a data base to register medical cannabis patients to study the positive or negative health benefits of consuming cannabis for a wide range of conditions. The prestigious University will do so on mmm.org and their goal is to register 100,000 patients by next year. […]
Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) announced this week that the company will expand the Company's partnership with MM Technology Holdings, LLC to become the exclusive distributor of the award-winning line of Mary's Medicinals® cannabis products in Massachusetts. Under the terms of the agreement, Liberty Health Sciences will manufacture and distribute the line of […]
Not every public company in the sector are involved in the cultivation and distribution of cannabinoid based products. There are a number of different companies involved in selling ancillary goods that help cultivators thrive. The following is a CCT 150 collection of the top public companies involved in the agtech cannabis and industrial hemp industries. […]
With the announcement in April of the Industrial Hemp Farming Act of 2018, the industry could be looking at a federal redefinition of hemp. Industrial hemp is a great source for CBD (cannabidiol), a non-psychoactive cannabinoid with numerous medical applications ranging. U.S. market projections for hemp range from $1.9 to $2.1 billion within the next […]
Colorado has just passed a House Bill 18-1011 which will allow publicly trade companies in the U.S. to invest and hold medicinal or recreational cannabis cultivation, processing, and distribution licenses under their state law. The bill is expected to come into effect next year. Though the bill is still awaiting the Governor of Colorado John […]
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) and CTT Pharmaceutical Holdings Inc. (OTC: CTTH) announced this morning that Aurora will be acquiring a 9.14% ownership position in CTT Pharma by a non-brokered private placement worth US$1 million 5% convertible debenture. The agreement includes the issuance of warrants enabling to Aurora to increase its ownership into the company […]
GrowGeneration Corp. (OTCQX: GRWG) announced this morning that the company has hired Yoshi Sakashita to the position of Vice-President of GrowGen Management Corp. GrowGen Management Corp is focused on providing product driven solutions, that lower costs and increases the efficiencies for large commercial cultivation operations. GrowGeneration Corp. is one of the largest owners and operators […]
Since the 2014 Farm Bill, close to almost 40 different U.S. states have passed some variation of law allowing the cultivation of industrial hemp within its boarders. The recent surge in interest involved in medical benefits of the cannabinoid compound known as Cannabidiol, or CBD, has caused farmers to jump at the chance of growing […]
Elev8 Brands, Inc. (OTC Pink:VATE), a cannabinoid based holding company, announced this morning that the company announce it has retained BF Borgers CPA to perform the audit necessary for up listing to the OTCQB. Elev8 Brands, Inc has started the audit process to make the effort to become completely transparent with its shareholders. Upgrading to the […]
BOHECO was founded in 2013 and has been manufacturing and marketing merchandise fashioned out of hemp fiber, working extensively with government departments to help carve out a space for industrial and medical use of cannabis in India. The company was recently featured on Forbes Lists 30 Under 30- Asia- Industry, Manufacturing & Energy and is one […]
Aphria Inc. (TSX: APH) (OTC: APHQF), one of the largest cultivators and distributors of cannabis products in Canada, announced this morning that the company has signed an agreement with Great North Distributors Inc, wholly owned subsidiary of Southern Glazers Wine & Spirits, to allow the company to serve as an exclusive sales representative for recreational cannabis […]
