Iowa Cannabis & Hemp News

04/03/2020 - 11:46pm
Two Licensed Medical Cannabis Dispensaries Close Without Warning in Iowa
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) Two of Iowa’s five licensed medical cannabis dispensaries were abruptly shut down without explanation from their operator nor state health officials, who said they will … Read More...
https://cannabislaw.report/two-licensed-medical-cannabis-dispensaries-close-with…
04/03/2020 - 3:28pm
Acreage Holdings ACRGF
Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition
(Acquisition, Acreage Holdings, ACRGF, California, Cannabis, Facilities, Illinois, Iowa, Management, Maryland, Massachusetts, Michigan, Nevada, New York, North Dakota, Oregon, Rhode Island, United States) NEW YORK, April 03, 2020 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Acreage Holdings, Inc. has announced a series of operational updates and strategic business decisions related to the significant impact of the COVID-19 pandemic and other uncontrollable factors that have greatly shifted the cannabis landscape. The moves are intended to enable the company to maintain its business goals of profitability, conserve cash and to execute its strategic plan.Acreage’s management executed the following initiatives:Temporarily furloughed 122 employees across both the corporate office and field operations teamsTemporarily closed certain operations, including: one dispensary in each of Maryland and North Dakota; wholesale operations in Iowa; and Form Factory operations in California, Oregon, and WashingtonConverted its dispensary in Queens, New York, to a delivery hubTerminated the securities purchase agreement among Greenleaf Compassionate Care Center, Inc., GCCC Management, LLC (GCCCM), the equity...
http://www.cannabisbusinesstimes.com/Article/acreage-holdings-operational-update…
04/03/2020 - 10:34am
Acreage Holdings, Helix Technologies ACRGF, HLIX
Acreage Holdings Lays Off 122 Employees, Kills Deep Roots Deal
(Acquisition, Acreage Holdings, ACRGF, California, Cannabis, Facilities, Helix Technologies, HLIX, Illinois, Iowa, Management, Maryland, Massachusetts, Michigan, Nevada, New York, North Dakota, Oregon, Processing, Products, Rhode Island, United States, Washington, Dispensaries, Cultivation, Security) Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) has hit the reset button as the company lays off 122 employees and kills the Deep Roots among other measures. The company blamed the COVID19 virus and other “uncontrollable factors.” The company also said it was suspending its previous 2020 financial targets and will provide a more detailed update on its first-quarter earnings call tentatively scheduled for May 13, 2020. “Although we are facing difficult times, I remain optimistic about the U.S. cannabis industry and Acreage in particular,” said Acreage Chair and Chief Executive Officer, Kevin Murphy. “But as a result of the COVID-19 pandemic, we have made the very difficult decision to furlough several of our employees and close certain facilities while we navigate through the crisis. Additionally, we withdrew from certain agreements with Deep Roots and Greenleaf as circumstances have materially changed. These bold measures will help to ensure that we emerge from this very...
https://www.greenmarketreport.com/acreage-holdings-lays-off-122-employees-kills-…
04/03/2020 - 9:49am
USDA approves Iowa's hemp program allowing farmers to grow crop this year - Pilot Tribune
(Hemp, Iowa, United States) USDA approves Iowa's hemp program allowing farmers to grow crop this year Pilot Tribune
http://www.stormlakepilottribune.com/story/2680040.html
04/03/2020 - 8:25am
Harvest Health & Recreation HRVSF
Harvest Health & Recreation Inc (OTCMKTS:HRVSF) Issues A Corporate Update: Signs An Accord To Acquire Interurban Capital Group, Inc For $85.8 Million
(Arizona, California, Cannabis, Development, Financing, Florida, Harvest Health & Recreation, Hemp, HRVSF, Investment, Iowa, Management, Maryland, Medical Marijuana, Pennsylvania, United States, Washington, Dispensaries) Harvest Health & Recreation Inc (OTCMKTS:HRVSF) has signed a definitive merger accord to takeover Interurban Capital Group, Inc for $85.8 million. The company will issue 309,452 multiple voting shares and assumes a debt of $19.1 million, which will be converted into 205,594 multiple voting shares. The assets of Interurban Capital comprise indirect and direct licenses. Interurban Capital holds rights to takeover entities together with licenses in Washington, Iowa, and California. Greater financial flexibility Steve White, CEO of Harvest Health said the company is pleased to welcome Heart dispensaries into its family. Following the merger with Interurban Capital, Harvest Health gets access to funds. Also, the new set of shareholders provides greater financial flexibility to Harvest Health. It will get access to more resources for investment in key markets that comprise Pennsylvania, Maryland, Florida, and Arizona. Harvest Health increases the footprint The merger is subject to the...
https://www.mmjobserver.com/harvest-health-recreation-inc-otcmktshrvsf-issues-a-…
04/02/2020 - 2:08pm
2 of Iowa's 5 medical marijuana dispensaries have closed, and it's not yet clear why - Des Moines Register
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa's 5 medical marijuana dispensaries have closed, and it's not yet clear why Des Moines Register
https://www.desmoinesregister.com/story/news/health/2020/04/02/2-iowa-medical-ma…
04/02/2020 - 1:48pm
2 of Iowa's 5 medical marijuana dispensaries have closed, and it's not yet clear why
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) Medical marijuana dispensaries have closed in Council Bluffs and Davenport, Iowa health officials said. The disclosure Monday by the Iowa Public ...
https://www.desmoinesregister.com/story/news/health/2020/04/02/2-iowa-medical-ma…
04/01/2020 - 5:07pm
Green Organic Dutchman, Green Organic Dutchman, Therapix Biosciences Ltd. TGODF, THXBY
The Daily Hit: April 1, 2020
(Cannabis, Colorado, Consultants, Consulting, Development, Distribution, Green Organic Dutchman, Green Organic Dutchman, Illinois, Investments, Investors, Iowa, Law, Organic, Research, Switzerland, TGODF, Therapix Biosciences Ltd., THXBY, United States, Patents, Pharmaceuticals, Intellectual Property) It’s time for your Daily Hit of cannabis financial news for April 1, 2020. On The Site MariMed MariMed Inc. (MRMD:OTCQX) quarterly revenues for the quarter ending December 31, 2019, increased 50.9% to $5.19 million versus $3.44 million for the same period of 2018. The company attributed the increase to the roll-up up of MariMed’s licensed client businesses in Illinois in the fourth quarter of 2019. Fourth-quarter 2019 revenues were also bolstered from new distribution channels secured for MariMed’s Betty’s Eddies and Kalm Fusion brands. The company did not disclose the net loss for the quarter. Full Year 2019 For the full year ending in December, total revenues grew to approximately $45.6 million. Core cannabis sales for the fiscal year 2019 were $16.6 million, a 40.0% increase compared with $11.9 million for the fiscal year 2018. The operating loss for 2019, including the GenCanna receivable reserve, was $41.6 million, compared with an operating loss of $5.4 million for the full year...
https://www.greenmarketreport.com/the-daily-hit-april-1-2020/
04/01/2020 - 4:45pm
CGC
Cannabis Regulators Respond to Coronavirus Concerns
(Arkansas, California, Canada, Cannabis, Cannabis and Hemp, CGC, Cleaning, Colorado, Compliance, Connecticut, Consultations, Facilities, Food, Growers, Hawaii, Hemp, Illinois, Iowa, Law, Maine, Management, Maryland, Massachusetts, Medical Marijuana, Mexico, Michigan, Minnesota, Missouri, Monitoring, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Packaging, Pennsylvania, Processing, Production, Regulations, Testing, Tracking, Training, United States, Utah, Washington, Industrial Hemp, Licensee, Dispensaries, Cultivation) Editor’s note: this story was originally published on March 19 and was most recently updated on April 1. We’ll continue to update as regulators announce new policies. So far, during the COVID-19 pandemic, cannabis sales are through the roof as consumers stock up in anticipation of supply chain disruption. But, despite this upswing, cannabis companies are bracing for impact. As Cannabis Wire reported this week, a dilemma has hit the nascent industry: to close or not to close? Already, Canopy Growth chose to close nearly two dozen shops in Canada, and we’re tracking how other companies are reacting. But what happens in the case of forced closures? Cannabis regulators will have to weigh tough decisions in the coming days as businesses, from gyms to bowling alleys to bars, are asked to close as part of broader efforts to contain the spread of the virus. (While Canadian consumers can legally order cannabis online, should closures occur, changes are taking place north of the border. On...
https://cannabiswire.com/2020/04/01/cannabis-regulators-respond-to-coronavirus-c…
04/01/2020 - 2:45pm
2 of Iowa’s 5 Medical Marijuana Dispensaries Have Closed - WHO TV Des Moines
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa’s 5 Medical Marijuana Dispensaries Have Closed WHO TV Des Moines
https://whotv.com/news/2-of-iowas-5-medical-marijuana-dispensaries-have-closed/
04/01/2020 - 10:30am
2 of Iowa's 5 medical marijuana dispensaries have closed - KWQC-TV6
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa's 5 medical marijuana dispensaries have closed KWQC-TV6
https://www.kwqc.com/content/news/2-of-Iowas-5-medical-marijuana-dispensaries-ha…
04/01/2020 - 8:56am
Hemp programs approved for U.S. states of Georgia, Iowa - HempToday
(Georgia, Hemp, Iowa, United States) Hemp programs approved for U.S. states of Georgia, Iowa HempToday
https://hemptoday.net/georgia-iowa-approved/
04/01/2020 - 8:28am
Cannabis Municipal Bonds Could Be The Future
(Alcohol, Arizona, Banking, Cannabis, Colorado, Connecticut, Consulting, Development, Education, Exploring, Growing, Investments, Investors, Iowa, Legalization, Minnesota, Missouri, Montana, New Jersey, New York, Products, Regulations, Tobacco, United States, Vermont) MPG Consulting has recently authored a report looking at the potential of Cannabis Municipal Bonds (CMB). Adam Orens, Founder of MPG and Sal Barnes, Managing Director, MPG have conducted a theoretical analysis using Colorado showing how the state can translate its cannabis revenue into a short-term bond amount of $166 million and long-term bond issued in the amount of $591 million resulting in $123 million and $438 million available for educational initiatives and infrastructure, respectively. States and municipalities already use revenue bonds as a way to pay for large projects. The investors of such bonds feel that the risk for these investments is lower since there is a captive source of revenue to pay the interest. The report gives Iowa as an example. That state allocates $55 million in gaming taxes every year to pay the debt on revenue bonds that were issued in 2009 and 2010. That money raised selling these bonds was then used for community revitalization, flood mitigation, and...
https://www.greenmarketreport.com/cannabis-municipal-bonds-could-be-the-future/
04/01/2020 - 8:18am
2 of Iowa's 5 medical marijuana dispensaries have closed - kwwl.com
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa's 5 medical marijuana dispensaries have closed kwwl.com
https://kwwl.com/2020/04/01/2-of-iowas-5-medical-marijuana-dispensaries-have-clo…
04/01/2020 - 7:26am
2 of Iowa's 5 medical marijuana dispensaries have closed - WXOW.com
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa's 5 medical marijuana dispensaries have closed WXOW.com
https://wxow.com/2020/04/01/2-of-iowas-5-medical-marijuana-dispensaries-have-clo…
04/01/2020 - 7:18am
2 of Iowa's 5 medical marijuana dispensaries have closed - Shelton Herald
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa's 5 medical marijuana dispensaries have closed Shelton Herald
https://www.sheltonherald.com/news/article/2-of-Iowa-s-5-medical-marijuana-dispe…
04/01/2020 - 7:15am
2 of Iowa's 5 medical marijuana dispensaries have closed
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) COUNCIL BLUFFS, Iowa — Medical marijuana dispensaries have closed in Council Bluffs and Davenport, Iowa health officials said. The disclosure ...
https://www.bostonglobe.com/2020/04/01/marijuana/2-iowas-5-medical-marijuana-dis…
04/01/2020 - 6:24am
Abbott Laboratories ABT
NY gov says legal cannabis likely not in budget (Newsletter: April 1, 2020)
(Abbott Laboratories, ABT, California, Cannabis, CBD, Events, Food, Illinois, Investment, Iowa, Legalization, Massachusetts, Medical Marijuana, Minnesota, New York, New Zealand, Ohio, Oklahoma, Products, Recreational, Rhode Island, Science, Testing, Tracking, United States, Vaporizers, Vaporizers, Dispensaries) Mass. gov defends rec marijuana closures; Coronavirus impedes drug reform ballot measures; Former NFL player slammed for CBD COVID claims Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: Your support makes Marijuana Moment possible… By starting a $10 per month pledge on Patreon —or about 45 cents per issue of this newsletter—you can help us rely less on ads to cover our expenses, hire more journalists and bring you even more marijuana news. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW New York Gov. Andrew Cuomo (D) said it’s “not likely” marijuana legalization will be in the budget due Wednesday, explaining that it is “something...
https://www.marijuanamoment.net/ny-gov-says-legal-cannabis-likely-not-in-budget-…
04/01/2020 - 5:31am
2 of Iowa’s 5 medical marijuana dispensaries have closed - The Boston Globe
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) 2 of Iowa’s 5 medical marijuana dispensaries have closed The Boston Globe
https://www.bostonglobe.com/2020/04/01/marijuana/2-iowas-5-medical-marijuana-dis…
03/31/2020 - 3:07pm
Two Iowa medical cannabis dispensaries close
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) Two medical marijuana dispensaries in Iowa permanently closed their doors. Two Iowa medical cannabis dispensaries close is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/two-iowa-medical-cannabis-dispensaries-close/
03/31/2020 - 1:19pm
Two of Iowa's medical marijuana dispensaries have permanently closed - KGAN TV
(Cannabis, Iowa, Medical Marijuana, United States, Dispensaries) Two of Iowa's medical marijuana dispensaries have permanently closed KGAN TV
http://cbs2iowa.com/news/local/two-of-iowas-medical-marijuana-dispensaries-have-…
03/30/2020 - 5:55pm
medical marijuana Archives - Radio Iowa
(Cannabis, Iowa, Medical Marijuana, United States) medical marijuana Archives Radio Iowa
https://www.radioiowa.com/tag/medical-marijuana/
03/30/2020 - 5:54pm
Medical cannabis businesses in Council Bluffs, Davenport close - Radio Iowa
(Cannabis, Iowa, Medical Marijuana, United States) Medical cannabis businesses in Council Bluffs, Davenport close Radio Iowa
https://www.radioiowa.com/2020/03/30/medical-cannabis-businesses-in-council-bluf…
03/29/2020 - 4:28pm
USDA Approves Iowa Hemp Plan - HempGazette
(Hemp, Iowa, United States) USDA Approves Iowa Hemp Plan HempGazette
https://hempgazette.com/news/usda-hemp-iowa-hg1142/
03/29/2020 - 10:00am
Hemp CBD Across State Lines: South Carolina
(Alabama, Alaska, Arizona, Arkansas, California, Cannabis, CBD, Cigarettes, Colorado, Connecticut, Cosmetics, Delaware, Florida, Food, Foods, Georgia, Growing, Hawaii, Hemp, Hemp Food, Hemp Products, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Law, Louisiana, Maine, Marketing, Maryland, Massachusetts, Mexico, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Processing, Production, Products, Puerto Rico, Regulations, Rhode Island, South Carolina, Supplements, Tobacco, United States, THC, Extracts, Cultivation) The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (USDA) regulatory authority over hemp cultivation at the federal level. In turn, states have the option to maintain primary regulatory authority over the crop cultivated within their borders by submitting a plan to the USDA. This federal and state interplay has resulted in many legislative and regulatory changes at the state level. Indeed, most states have introduced (and adopted) bills that would authorize the commercial production of hemp within their borders. A smaller but growing number of states also regulate the sale of products derived from hemp. In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/3GUhN7agJRk/
03/27/2020 - 10:39am
Iowa's hemp program gets federal approval - The Gazette
(Hemp, Iowa, United States) Iowa's hemp program gets federal approval The Gazette
https://www.thegazette.com/subject/news/government/iowas-hemp-program-gets-feder…
03/26/2020 - 1:15pm
USDA Approves Iowa Hemp Plan - Ganjapreneur
(Hemp, Iowa, United States) USDA Approves Iowa Hemp Plan Ganjapreneur
https://www.ganjapreneur.com/usda-approves-iowa-hemp-plan/
03/26/2020 - 9:39am
Harvest Health & Recreation HRVSF
Harvest, Verano Call It Quits
(Acquisition, Arizona, California, Cannabis, Development, Florida, Harvest Health & Recreation, HRVSF, Iowa, Maryland, Pennsylvania, United States, Vertically Integrated, Washington, Dispensaries, Cultivation) Harvest Health & Recreation Inc. (CSE: HARV, OTCQX:HRVSF) and Verano Holdings, LLC have announced the mutual termination of the Business Combination Agreement dated April 22, 2019. At the time this was announced, Harvest Health had agreed to buy Verano in an all-stock deal valued at approximately $850 million based on a share price of C$8.79. The stock was lately trading at C$1.62 or $1.13. “Given the persistent challenges in consummating this deal and current market conditions both companies felt it was prudent to move forward separately at this time,” said Steve White, Harvest CEO. “We have tremendous respect for the entire team and operations at Verano Holdings . We wish them well and look forward to possibly working together in the future.” The companies stated that prolonged obstacles in meeting requirements for state and local regulatory authorities needed to transfer ownership and operational licenses, adverse capital market conditions, a challenging environment for asset...
https://www.greenmarketreport.com/harvest-verano-call-it-quits/
03/25/2020 - 5:43pm
Iowa's state hemp plan gets approval by USDA - AG Week
(Hemp, Iowa, United States) Iowa's state hemp plan gets approval by USDA AG Week
https://www.agweek.com/business/agriculture/5015326-Iowas-state-hemp-plan-gets-a…
03/24/2020 - 6:25am
OrganiGram Inc OGRMF
Feds consider standard THC dose for cannabis products (Newsletter: March 24, 2020)
(Arizona, Cannabis, CBD, Colorado, Connecticut, Facilities, Florida, Hawaii, Hemp, Iowa, Legalization, Maine, Massachusetts, Medical Marijuana, Michigan, New Hampshire, New Jersey, New York, North Dakota, OGRMF, Ohio, Oregon, OrganiGram Inc, Processing, Production, Products, Recreational, Research, Science, Tracking, United States, Washington, THC, Dispensaries) Coronavirus crisis shows marijuana is ‘essential’; DEA says it’s not responsible for low-quality cannabis; NY gov reiterates he wants legalization Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: Your support makes Marijuana Moment possible… By starting a $10 per month pledge on Patreon —or about 45 cents per issue of this newsletter—you can help us rely less on ads to cover our expenses, hire more journalists and bring you even more marijuana news. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW The coronavirus crisis has demonstrated more clearly than ever before that marijuana is mainstream as state after state deems legal...
https://www.marijuanamoment.net/feds-consider-standard-thc-dose-for-cannabis-pro…
03/22/2020 - 10:00am
Hemp CBD Across State Lines: Rhode Island
(Alabama, Alaska, Arizona, Arkansas, California, Cannabis, CBD, Colorado, Compliance, Connecticut, Cosmetics, Delaware, Distributor, Florida, Food, Foods, Georgia, Growers, Growing, Hawaii, Hemp, Hemp Products, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Law, Louisiana, Maine, Manufacture, Maryland, Massachusetts, Mexico, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Production, Products, Puerto Rico, Regulations, Rhode Island, Seed Oil, Supplements, United States, Vaporizers, Extracts, Cultivation, Retail Sales) The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (USDA) regulatory authority over hemp cultivation at the federal level. In turn, states have the option to maintain primary regulatory authority over the crop cultivated within their borders by submitting a plan to the USDA. This federal and state interplay has resulted in many legislative and regulatory changes at the state level. Indeed, most states have introduced (and adopted) bills that would authorize the commercial production of hemp within their borders. A smaller but growing number of states also regulate the sale of products derived from hemp. In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/nToy3DhY5HI/
03/20/2020 - 5:56pm
Iowa Department of Agriculture and Land Stewardship's Hemp Plan Approved by USDA - Oskaloosa news
(Hemp, Iowa, United States) Iowa Department of Agriculture and Land Stewardship's Hemp Plan Approved by USDA Oskaloosa news
http://oskynews.org/iowa-department-of-agriculture-and-land-stewardships-hemp-pl…
03/20/2020 - 3:00am
Iowa Department of Agriculture and Land Stewardship's Hemp Plan Approved by USDA - The Red Oak Express
(Hemp, Iowa, United States) Iowa Department of Agriculture and Land Stewardship's Hemp Plan Approved by USDA The Red Oak Express
https://www.redoakexpress.com/content/iowa-department-agriculture-and-land-stewa…
03/19/2020 - 9:42am
Harvest Health & Recreation HRVSF
Harvest Announces Corporate Updates, Management and Board Changes
(Acquisition, Arizona, California, Cannabis, Development, Financing, Florida, Harvest Health & Recreation, HRVSF, Iowa, Management, Maryland, Pennsylvania, Regulations, United States, Vertically Integrated, Washington, Dispensaries, Security) PHOENIX, March 11, 2020 /PRNewswire/ -- PRESS RELEASE -- Harvest Health & Recreation Inc. , a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., has announced the execution of a definitive merger agreement of the previously announced acquisition of Interurban Capital Group, Inc. (ICG), the resignation of Jason Vedadi from his role as Executive Chairman of the Board of Directors and planned updates to the Board.Definitive Merger Agreement with Interurban Capital Group, Inc.Harvest has entered into a definitive merger agreement to acquire ICG for consideration of approximately US$85.8 million payable by issuance of 309,452 multiple voting shares, assumption of approximately $19.1 million of debt convertible into 205,594 multiple voting shares and payment of an additional $9.3 million upon exercise of a call option agreement to acquire controlling interests in five Washington cannabis dispensaries or alternatively $12.4 million to...
http://www.cannabisbusinesstimes.com/Article/harvest-announces-corporate-updates…
03/18/2020 - 6:30am
Canopy Growth Corporation CGC
Revised NY legal cannabis bill filed as budget timeline moves up (Newsletter: March 18, 2020)
(Arizona, Arkansas, California, Canada, Cannabis, Canopy Growth Corporation, CBD, CGC, Florida, Hemp, Illinois, Indiana, Iowa, Kentucky, Legalization, Maryland, Medical Marijuana, Michigan, Missouri, New York, Oregon, Science, Stocks, Tracking, United States, Washington, Dispensaries, Pharmaceuticals) Sanders vs. Biden on marijuana; Advocates push officials on cannabis access during coronavirus outbreak; Feds probe Missouri cannabis applicants Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: EDITOR’S NOTE: As you know, the coronavirus outbreak has impacted all sectors of our economy and shifted legislative priorities across the country. The marijuana industry and reform movement are no exceptions. From California to Washington, D.C., reform campaigns are being affected by this pandemic—and the Marijuana Moment team remains committed to delivering you the most comprehensive reporting on the latest drug policy developments as we navigate this...
https://www.marijuanamoment.net/revised-ny-legal-cannabis-bill-filed-as-budget-t…
03/17/2020 - 6:19am
Aurora Cannabis Inc. ACB
NY gov says cannabis coordination aids coronavirus response (Newsletter: March 17, 2020)
(ACB, Aurora Cannabis Inc., Banking, California, Cannabis, CBD, Colorado, Drug Testing, Florida, Growing, Hemp, Iowa, Law, Legalization, Maryland, Medical Marijuana, Michigan, Missouri, Nebraska, New York, Oklahoma, Processing, Research, Science, South Carolina, Testing, Texas, Tracking, United States, Vermont, Washington, Industrial Hemp, THC) USPS doesn’t properly handle seized marijuana; Kevin Smith wants e-sigs for legalization petition; FBI probes former lawmaker’s industry ties Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: NOTE TO READERS: As many legislatures temporarily recess due to coronavirus concerns, you may notice fewer cannabis policy developments taking place over the coming days and weeks. That said, please know that Marijuana Moment is continuing to scour all our feeds and talk to our sources every day as usual to make sure we and you don’t miss anything that does happen. We plan to keep sending you this dispatch every day, though please understand if some issues...
https://www.marijuanamoment.net/ny-gov-says-cannabis-coordination-aids-coronavir…
03/16/2020 - 4:48pm
Poll Shows Most Iowans In Favor of Legalizing Marijuana
(Cannabis, Iowa, United States) 53 percent of Iowa voters say they want cannabis to be legalized in their state.
https://hightimes.com/news/poll-shows-most-iowans-in-favor-of-legalizing-marijua…
03/16/2020 - 6:31am
USA: State By State Update
(Alabama, Alaska, Arizona, California, Cannabis, Colorado, Florida, Growers, Growing, Hawaii, Hemp, Idaho, Illinois, Indiana, Iowa, Kentucky, Law, Legalization, Louisiana, Maryland, Mexico, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Production, Recreational, Regulations, Research, Science, Testing, United States, Industrial Hemp, THC, Dispensaries, Cultivation) States Alabama Senate Approves MMJ Bill Families plea for lawmakers to pass MMJ bill Summary of MMJ Legalization Efforts Alaska Rep. Don Young sent constituents survey on whether vets should get MMJ Arizona Ballot measure endorsed by former backers of rival campaign Warning labels, tax, MMJ studies get tentative House OK House allows children with autism to access MMJ Large cannabiz positioned to dominate rec market California Cannabiz Sees Boosted Sales to ‘Ease Minds’ About Coronavirus Nearly All Patients With Vaping Lung Injuries Used Black-Market THC In San Francisco, cannabiz hasn’t hit the highs expected Local San Diego Testing Lab Releases Alarming Vape Results LA Marathon’s First Cannabis Sponsor California passes $1 billion in cannabis tax revenue Colorado Cannabis and Fashion are a Joint Effort in Denver Legalization Caused $130M Boost at Denver Hotels Ag Committee to let cannabiz adopt crop loss measures Florida Senate approved bill to fix glitches in state’s hemp law THC...
https://cannabislaw.report/usa-state-by-state-update/
03/15/2020 - 8:19pm
Iowa Poll: Most Iowans support expanding medicinal cannabis and legalizing recreational marijuana - Des Moines Register
(Cannabis, Iowa, Recreational, United States) Iowa Poll: Most Iowans support expanding medicinal cannabis and legalizing recreational marijuana Des Moines Register
https://www.desmoinesregister.com/story/news/politics/2020/03/15/iowa-poll-iowan…
03/15/2020 - 7:15pm
Iowa Poll: Most Iowans support expanding medicinal cannabis and legalizing recreational marijuana
(Cannabis, Iowa, Medical Marijuana, Recreational, United States) While the Iowa Legislature and Gov. Kim Reynolds debate the finer points of Iowa's medical marijuana laws, a majority of Iowans say they want its ...
https://www.desmoinesregister.com/story/news/politics/2020/03/15/iowa-poll-iowan…
03/15/2020 - 10:00am
Hemp CBD Across State Lines: Puerto Rico
(Alabama, Alaska, Arizona, Arkansas, Banking, California, Cannabis, CBD, Colorado, Connecticut, Delaware, Events, Florida, Georgia, Growing, Hawaii, Hemp, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Law, Louisiana, Maine, Maryland, Massachusetts, Mexico, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Production, Products, Puerto Rico, United States, Cultivation) The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (USDA) regulatory authority over hemp cultivation at the federal level. In turn, states have the option to maintain primary regulatory authority over the crop cultivated within their borders by submitting a plan to the USDA. This federal and state interplay has resulted in many legislative and regulatory changes at the state level. Indeed, most states have introduced (and adopted) bills that would authorize the commercial production of hemp within their borders. A smaller but growing number of states also regulate the sale of products derived from hemp. In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-...
http://feedproxy.google.com/~r/cannalawblog/aogT/~3/CDZIDpMPfI8/
03/12/2020 - 6:36am
Canopy Growth Corporation, TerrAscend KERN, CGC, TRSSF
Maryland House votes to expand cannabis decrim (Newsletter: March 12, 2020)
(Alcohol, Arizona, Arkansas, Banking, California, Canada, Cannabis, Canopy Growth Corporation, CBD, CGC, Distribution, Financing, Food, Georgia, Growing, Hemp, Idaho, Indiana, Iowa, Kentucky, KERN, Law, Legalization, Maryland, Medical Marijuana, Mexico, Michigan, Mississippi, Montana, New Jersey, New Mexico, New York, Oregon, Quality Control, Regulations, Research, Science, South Dakota, Tennessee, TerrAscend, Testing, Tracking, TRSSF, United States, Vermont, Washington, THC, Dispensaries) TN Senate committee OKs medical marijuana; 100k sigs for OR psilocybin measure; FDA pressed on CBD at hearing; USDA approves state hemp plans Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: Your support makes Marijuana Moment possible… This issue of Marijuana Moment, and our original reporting that is featured in it, are made possible by the generous support of 436 Patreon sponsors . Cannabis industry professionals receive valuable rewards for pledges of $25 and up. Check out the perks of being a sponsor on our Patreon page. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW The Maryland House of Delegates voted to expand the state’s...
https://www.marijuanamoment.net/maryland-house-votes-to-expand-cannabis-decrim-n…
03/12/2020 - 3:07am
Medical Marijuana Bill Advances from Iowa House to Senate | 1040 WHO - KFI AM 640
(Cannabis, Iowa, Medical Marijuana, United States) Medical Marijuana Bill Advances from Iowa House to Senate | 1040 WHO KFI AM 640
https://whoradio.iheart.com/content/2020-03-12-medical-marijuana-bill-advances-f…
03/11/2020 - 7:37pm
Iowa House Passes Medical Cannabis Bill that Gov. Reynolds Supports - WHO TV Des Moines
(Cannabis, Iowa, Medical Marijuana, United States) Iowa House Passes Medical Cannabis Bill that Gov. Reynolds Supports WHO TV Des Moines
https://whotv.com/news/iowa-house-passes-medical-cannabis-bill-that-gov-reynolds…
03/11/2020 - 7:00pm
Iowa House Passes Medical Cannabis Bill that Gov. Reynolds Supports
(Cannabis, Iowa, Medical Marijuana, United States) DES MOINES, Iowa -- Republican lawmakers passed changes to the state's medical marijuana program Tuesday even that has Gov. Kim Reynolds ...
https://whotv.com/news/iowa-house-passes-medical-cannabis-bill-that-gov-reynolds…
03/11/2020 - 4:58pm
Innovative Industrial Properties, Inc., Zenabis Global Inc, TerrAscend Corp, Harvest Health & Recreation, Canopy Growth Corporation, Innovative Industrial Properties, TerrAscend, Zenabis CGC, HRVSF, IIPR, TRSSF, ZENA
The Daily Hit: March 11, 2020
(Acquisition, Apps, California, Canada, Cannabis, Canopy Growth Corporation, CGC, Development, Facilities, Financing, Florida, Growing, Harvest Health & Recreation, Hemp, HRVSF, IIPR, Innovative Industrial Properties, Innovative Industrial Properties, Inc., Iowa, Legalization, Manufacturer, Massachusetts, Nevada, Product Development, Production, Research, TerrAscend, TerrAscend Corp, Texas, TRSSF, United States, Washington, ZENA, Zenabis, Zenabis Global Inc, Dispensaries, Funding) It’s time for your Daily Hit of cannabis financial news for March 11, 2020. On The Site TerrAscend TerrAscend Corp. (CSE:TER)(OTCQX: TRSSF) announced that its wholly-owned subsidiary TerrAscend Canada Inc. has entered into a loan financing arrangement with Canopy Growth Corporation (TSX:WEED)(NYSE:CGC) in the amount of C$80.5 million in the form of a secured debenture. In connection with the funding of the Loan, TerrAscend has issued 17,808,975 common share purchase warrants to Canopy Growth. The net proceeds are expected to be used by TerrAscend Canada for general corporate purposes and the funding of its Canadian operations, its Arise Bioscience U.S. hemp division, international expansion and the repayment of indebtedness. The company can’t use any of the money in the U.S. Harvest Health Harvest Health & Recreation Inc. (CSE: HARV)(OTCQX: HRVSF) announced the execution of a definitive merger agreement of the previously announced acquisition of Interurban Capital Group, Inc. (ICG...
https://www.greenmarketreport.com/the-daily-hit-march-11-2020/
03/11/2020 - 4:00pm
Iowa House Passes Medical Marijuana Expansion Bill, Lowers THC Limits
(Cannabis, Iowa, Medical Marijuana, United States, THC) More qualifying conditions have been added to the program...but the THC cap was lowered.
https://hightimes.com/news/iowa-house-passes-medical-marijuana-expansion-bill-lo…
03/11/2020 - 3:09pm
The Cloakroom: The Future of Medical Marijuana in Iowa - UI The Daily Iowan
(Cannabis, Iowa, Medical Marijuana, United States) The Cloakroom: The Future of Medical Marijuana in Iowa UI The Daily Iowan
https://dailyiowan.com/2020/03/11/the-cloakroom-the-future-of-medical-marijuana-…
03/11/2020 - 2:33pm
Iowa House Approves Contentious Marijuana Bill
(Cannabis, Iowa, Medical Marijuana, Products, United States) The Iowa House has passed a bill that would overhaul the state’s medical marijuana program and allow more potent products to be sold.
https://grizzle.com/iowa-house-marijuana-bill/
03/11/2020 - 12:48pm
Iowa House Approves Legislation to Change Medical Cannabis Program's THC Cap - Cannabis Dispensary
(Cannabis, Iowa, Medical Marijuana, United States, THC) Iowa House Approves Legislation to Change Medical Cannabis Program's THC Cap Cannabis Dispensary
https://www.cannabisdispensarymag.com/iowa-house-approves-legislation-to-change-…
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