North America

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Thu
23
May

Canopy Growth acquires established skincare and well-being company this works

Read entire article here.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (the “Company” or “Canopy Growth”) has finalized an all-cash transaction to acquire This Works for a purchase price of £43 million (CDN $73.8 million). Founded in 2004, This Works has cemented itself as a global leader in natural skincare and sleep solutions with a devout customer base spanning 35 countries.

Thu
23
May

Facebook will not allow cannabis sales on its platform

After roughly three months of internal and external deliberations, Facebook Inc. decided Tuesday to continue attempting to block the sale of marijuana on its platform.

At its weekly product policy meeting, executives and staff in Ireland, Washington D.C., Kenya, Los Angeles and Facebook headquarters in Menlo Park — roughly 60 people total — ran through the relative merits and concerns with allowing content touting cannabis sales and selling weed directly, with a MarketWatch reporter in attendance. Ultimately, they determined that Facebook would not alter its policies, but staffers plan to make several changes to the way it handles the platform’s current marijuana content rules.

Thu
23
May

TheWeedTube successfully launches into Apple App Store

A new milestone has been reached in the battle for high quality, readily available cannabis-related content: TheWeedTube, a cannabis video and news platform created and curated by dozens of former YouTube creators who were kicked off the Google-owned site during its drug-related video purge, is now available in the Apple App Store.

Wed
22
May

The Oxford English Dictionary just got high on reefer madness

Language constitutes reality, so it stands to reason when the country is afoot with change around the way we perceive and discuss cannabis, so too would the words we use to describe marijuana-related activities. Words that previously held pejorative, negative connotations like stoner or pot have slowly exited the lexicon, thanks to careful work by cannabis media. Don’t worry, you’re still allowed to make stoner jokes.

Wed
22
May

Australis Capital acquires Green Therapeutics Brands in $8 million deal

 Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) entered into an asset purchase agreement with Green Therapeutics, LLC and affiliated companies, to acquire its Tsunami, Provisions, and GT Flowers cannabis brands in a deal valued at $8 million. The deal is expected to close in late 2019.

Wed
22
May

New study finds CBD significantly reduces opioid cravings in addicts

Coming off of a heroin addiction is notoriously difficult. But a new study suggests CBD can make it much easier. According to a study published Tuesday in the American Journal of Psychiatry, cannabidiol (CBD) can significantly reduce cravings in people addicted to opioids and manage withdrawal symptoms. Cravings and abstinence anxiety are two of the most critical features of addiction, and triggering them often contributes to relapses and continued drug use.

Wed
22
May

Superweed: The quest to create the ultimate premium strain

Probably the best, and certainly the most famous, grower in Canadian weed is a man named Remo Colasanti.

The 51-year-old from Maple Ridge, B.C., has been reading High Times since before he was legal drinking age. But he preferred hash to marijuana until the skunk strains proliferated in the Lower Mainland around 1985. Grown under powerful artificial lights in a hydroponic nutrient solution, they cost a princely $40 for 3.5 grams. They also looked, smelled and smoked better than anything that had come before — the difference between airplane lettuce and farmer’s market greens.

Wed
22
May

How cannabis companies can utilize mobile surveillance

In today’s world, cannabis business operations are complex, multifaceted affairs – this notion is heightened with the nuances of transport in the industry. With cannabis products still demanding a large price on the black market, and business operating in a “cash only” industry, cannabis companies have plenty to protect. As such, forward-looking security technology companies are implementing mobile surveillance systems for transporting sensitive assets. 

Wed
22
May

Women are disappearing from the cannabis industry. Why?

When cannabis was legalized in Oregon, many people saw business opportunity. But Amy Margolis saw something more specific: She saw business opportunities for women. 

Wed
22
May

Will June’s marijuana stock picks show more potential than May?

The marijuana stock market has been flying high for quite some time now. In the past few years, we have seen some incremental shifts in the industry that have built the foundation for where it stands today. With so many moving parts, it can be difficult at times to figure out what the best options are for investing in the market, but despite this, there are a few businesses that come to mind. These companies may not be the largest growers in the industry, but the innovation that they put forward is quite high and unparalleled.

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