Category: cannabis
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Cannabis co InterCure raising NIS 66m for Nir Oz facility
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Medical cannabis company InterCure (TASE: INCR, Nasdaq: INCR), headed by Ehud Barak (Chairman of the Board of Directors) and Alexander Rabinovich (CEO), announced that it has raised NIS 66 million, with an option to increase the amount to NIS 107 million. Rehabilitation of its facility in Kibbutz Nir Oz in…
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California governor signs law allowing Dutch-style cannabis cafes
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Starting next year, restaurant patrons in the western US state of California will be able to smoke cannabis in certain restaurants, thanks to a new law allowing the establishment of “cannabis cafes” similar to those spread in the Netherlands. Democratic Gov. Gavin Newsom signed a bill into law Monday allowing…
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California governor signs law allowing Dutch-style cannabis cafes
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Starting next year, restaurant patrons in the western US state of California will be able to smoke cannabis in certain restaurants, thanks to a new law allowing the establishment of “cannabis cafes” similar to those spread in the Netherlands. Democratic Gov. Gavin Newsom signed a bill into law Monday allowing…
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SNDL stock rises on deal to buy Nova Cannabis (NASDAQ:SNDL)
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Wild Pixel Canadian Cannabis Player SNDL (NASDAQ:SNDL) has agreed to acquire the remaining minority stake in its subsidiary Nova Cannabis (OTCQB: NVACF) for a total consideration of approximately $40 million, the companies announced Tuesday. Under the terms, Calgary, Alberta-based SNDL (SNDL) will seek to: To buy approximately 34.8% of Nova…
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What Harris vs. Trump means for cannabis stocks By Investing.com
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A potential shift in the political landscape is putting a spotlight on cannabis stocks. According to equity research firm Zuanic & Associates, the recent news that President Biden will not seek re-election has sparked a positive reaction in the cannabis sector. Analysts at the firm point out that the possibility…
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Yuval Soiref to market Mike Tyson medical cannabis in Germany
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Israeli cannabis entrepreneur Yuval Soarev is teaming up with legendary boxer Mike Tyson to market medical cannabis Tyson 2.0 exclusively in Germany. Since April 1, 2024, cannabis has been removed from the list of prohibited drugs in Germany, and its use has become legal. Germany thus joins several states in…
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Christina Lake Cannabis Announces Filing of Q1 Financial Statements
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Article content VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) — Christina Lake Cannabis Company (“CLC” or the “Company”) (CSE: CLC) is pleased to confirm this in addition to its dated news releases. April 3, 2024, April 17, 2024, May 1, 2024, May 15, 2024, May 29, 2024, June 3,…
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Cannabis producer Green Thumb explores merger with Boston Beer, letter shows By Reuters
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(Reuters) – Cannabis producer Green Thumb Industries (OTC:) is ready to submit an offer for a potential merger deal with US-based brewer Boston Beer (NYSE:), according to a letter seen by Reuters. The merger will allow the cannabis production company, currently listed in Canada, to also be listed on a…
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Bitcoin and Biodiversity in the Cannabis Industry
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The world has witnessed unprecedented power grabs and disruption of supply chains over the past two years. The near-perfect fit between big government, big banks and corporations should be a serious cause for concern throughout the agricultural sector. These movements represent nothing less than the most serious threats to our…
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BTIG sees “murky” road ahead for cannabis reclassification (NASDAQ:TLRY)
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Screenshots While the White House’s move to propose reclassifying marijuana as a less dangerous drug would certainly be a huge accomplishment for the cannabis industry, the path to implementation remains “long and opaque,” according to BTIG analysts. In a recent memo, BTIG acknowledged that reports that the Biden administration is…