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TORONTO , July 19, 2021 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated cannabis company, announced today that it has entered into a brand licensing arrangement (the “Licensing Agreement”) with Brezwald Corp. Related Links.
Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.
Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6 Substantially increased profits await insurers who are set up to offer the necessary coverage for cannabis businesses at reasonable rates.
“Each of the six locations has been issued a conditional RSA and work will begin immediately upon closing the Transactions to convert the stores to the Value Buds banner, and to obtain approval to open from the AGCO, just in time to take full advantage of the anticipated summer demand.” million in cash and $1.1
House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Activists in Mississippi have collected approximately two thirds of the needed signatures to qualify a medical cannabis ballot initiative in 2020.
The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.
This rapid price compression puts tremendous pressure on many marijuana businesses as they face greater competition with ever-slimming margins. However, the doors to the bankruptcy courts are currently closed to marijuana businesses because marijuana is still illegal at the federal level. In contrast, the average price fell to $109.22
2021 /CNW/ – Halo Collective Inc. (“Halo”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated multinational cannabis company, today announced that its board of directors has unanimously approved the reorganization (the “International Reorganization”) of its non-U.S. TORONTO , June 22,?2021
The new Cultivar Collection from Trulieve demonstrates how a multi-state player can stay craft at its core. But that’s exactly what’s happening for this seed-to-sale leader that’s paving the way in the business. Crafting the Cultivar Collection. The proof is in the pudding with Trulieve’s new Cultivar Collection.
TORONTO–(BUSINESS WIRE)–Andrew DeFrancesco, Chief Executive Officer of SOL Global Investments Corp. per Common Share (the “ Private Transaction ”, and collectively with the Market Transaction, the “ Transactions ”). (the
DEAD – ALIVE – COMATOSE – Are medical cannabis collectives dead or alive? What about adult-use cannabis collectives and cooperatives? If you can apply the advice to improve your business or your life, you get a benefit that cost you solely a little time. CPAs – Jordan S. PUBLISHER: CANNABIS LAW REPORT.
The company’s initial focus is on predicting the potential benefits of psychedelic drugs on various mental health conditions and developing an mHealth consumer health application, called YMI, to predict an individual’s current and future mental and physical health conditions. compound annual growth rate from $2.8
CHICAGO — Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued three additional Conditional Adult Use Dispensing Organization Licenses to applicants selected in lotteries held in the summer of 2021. Secretary of the Illinois Department of Financial and Professional Regulation.
The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the Cannabis Business Development Fund.
“We are delighted to be expanding our Craft Cannabis Collection in the Province of Ontario – Canada’s largest and fastest growing recreational cannabis market,” stated Sugarbud’s CEO, John Kondrosky. We Take Pride. We Take Our Time………….
Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. have a long history rooted in protecting workers from dangerous and unfair work conditions. Background on Labor Unions in the U.S. Labor unions in the U.S. million U.S.
Based on government agency data, when viewed collectively, Ionic Brands manufacturing partners’ amount to the fifth-largest wholesale operator in Washington by revenue for the period of 2020. The acquisition of Cowlitz does not include the I-502 license as the state of Washington has limited ownership restrictions.
According to its sponsors and supporters, the Safe and Fair Enforcement (‘SAFE’) Banking Act would help address the challenges faced by small cannabis businesses that cannot currently access banking services or loans. Promote compliance with state and local regulatory requirements regarding business ownership.
It replaces prohibition with a sensible framework for regulation and taxation,” Tom Haren, a spokesman for the Coalition to Regulate Marijuana Like Alcohol, told Cannabis Business Times and Cannabis Dispensary , adding that the proposed law will generate an estimated $400 million in new tax revenue. “It View original article.
Medicann is launching an observational study using RYAH Smart Dry Herb Inhalers in order to collect patient feedback on consumption of cannabis strains available on the Island, including strains supplied by Aurora Europe , a subsidiary of Canadian-headquartered Aurora Cannabis Inc., Forward-Looking Statements.
Given the size and scale of the study, RYAH has developed a custom software solution, using OAuth API-integration to protect the privacy of the participants in the study, with the goal of enabling a fully integrated, patient feedback and data collection capability.
The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021. With organic revenues 13% above H1 2019 in H1 2021, Eurofins’ Core Business is once again leading the TIC industry in terms of organic growth.
The nearly 3,000 participant study will capture and publish the most comprehensive data ever collected on CBD product effectiveness from 13 commercially available U.S. brands, including Lord Jones. Radicle ACES is Institutional Review Board (IRB) approved and will capture CBD effectiveness data directly from nearly 3,000 study participants.
The guidance states, “Cannabis Loan Funds shall be used for ordinary and necessary expenses to start and operate a cannabis business.” All uses of the proceeds must be necessary for the Illinois business, supported by adequate proof of obligation and expenditure, and comply with all requirements of the loan program.
Australia’s drugs regulator issues 73 infringement notices over claims prescriptions could treat conditions such as cancer and epilepsy. It is also alleged that the unlawful advertising included unapproved references to the treatment of serious diseases or conditions, including in some cases cancer and epilepsy.
Business Cann first reported on the development of the ‘Patient Registry for Cannabis-Based Products’, last year and the NHS has confirmed it will launch on April 1. ( At this stage we need a middle ground and establishing a registry to collect data is a sensible way forward and will be very useful. “It Very Useful Going Forward.
Essentially, applications will be accepted on a continuous rolling basis and will be prioritized for review, scoring, and approved in the following order: Social Equity Businesses Applicants. Diversely Owned Businesses Applicants. Impact Zone Businesses Applicants. All other applicants.
Provides that the Cannabis Cultivation Privilege Tax shall not be assessed against or collected from specified craft growers until 2 years after the date the craft grower was awarded a license.” The follow set of intertwining bills includes Senate Bill 1723 , House Bill 0031 , and House Bill 0030.
capital markets, negative global economic conditions, potential negative developments in our clinical trials or research programs, other negative developments in our business, or unfavorable legislative or regulatory developments. Each ADS would represent a certain number of fully paid ordinary shares in Bionomics.
Yet, the emerging ecosystem of business opportunities is highly fragmented, and with a lack of institutional capital available, Palo Santo is targeting early-stage, high-growth opportunities within biopharma, drug development, digital therapeutics, healthcare services and tech enabled solutions.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team.
Disciple of people like A/B Hyb, Grimm Brothers or Vic High; he has been growing for more than 30 years, and since then he has collected hundreds of strains. with impressive photography collections and history of his cannabis strains; and since 8 years ago we can follow him and his Weed Nerds in a youtube channel. Unique Strains.
New businesses, tourism, and jobs all contribute to the increase. Numerous factors determine home values , including the home’s features and condition, the area’s amenities, and local crime rates. Legalization brought Colorado a wave of new business, and the crime rate also dropped. The seven states (plus D.C.)
It’ll open up the choices patients have available to them and they can purchase their medical marijuana to treat their condition,” said Executive Vice President of Grow Ohio Justin Hunt. “We Only four retail locations were open for business on the first day that sales began. 9 Dispensaries are open for business.
million in cash (collectively with the Share Consideration, the “ Consideration “). In connection with the Closing, Harrison Baum , Chief Executive Officer of Daily High Club, has joined the High Tide team as Director of Digital Marketing to oversee all social media initiatives for High Tide globally.
Continued execution of M7’s integrated B2B and B2C business model drives ongoing enhancement of California’s cannabis supply chain. The Company expects gross profit as a percentage of revenue to fluctuate going forward as the Company continues to implement its business model and further refine its product mix.
–(BUSINESS WIRE)–International cannabis brand Cookies announced today licensing agreements with TerrAscend NJ LLC, a subsidiary of TerrAscend Corp. Cookies ’ seed-to-sale business allows for complete quality control at every step—from cultivation and production to customers’ end retail experience. BOONTON, N.J.–(BUSINESS
And this isn’t for lack of want — in fact in 2017 some forward thinking dispensaries had collection boxes for these products, although without scale they wound up just hoarding them as well. The only way to achieve this scale is to use dispensaries as the collection points, much like some were already doing back in 2017.”
Assay and Recently Developed, Unsupervised, At-Home Sample Collection Kit to Expand Addressable Market and Scope of COVID-19 Testing Services – STONY BROOK, N.Y.–(BUSINESS –(BUSINESS WIRE)– $APDN #COVID19Testing — Applied DNA Sciences, Inc. Assay (the “Linea 2.0 Assay (the “Linea 2.0 The Linea 2.0
This statewide change follows New York City ’s April 2019 ban on pre-employment cannabis testing, which deems screening for marijuana or THC as a condition of employment to be an unlawful discriminatory practice, with limited exceptions. Other jurisdictions are catching up to the marijuana law frenzy. Philadelphia, PA.
–(BUSINESS WIRE)– $APDN #COVID19Testing — Applied DNA Sciences, Inc. Assay”) and Linea™ Unsupervised At-Home Sample Collection Kit (the “Linea Collection Kit”). The Assay previously received conditional approval from the New York State Department of Health in late December 2021. STONY BROOK, N.Y.–(BUSINESS
California Steps Up Tax Collection Efforts. The California Department of Tax and Fee Administration (CDTFA) has stepped up its attempts to collect about $200,000 in unpaid taxes from both illegal and licensed cannabis operations. The CDTFA plans to escalate tax enforcement against legal cannabis businesses.
The data collection is relevant for clinics, doctors, dispensaries and pharmaceutical companies and licensed processors (LPs) to monitor and manage formulation effects on patients and demographics. Forward-Looking Statements.
Although there is no excise tax on medical cannabis, there is a medical cannabis special privilege tax of 4% of the gross receipts or gross proceeds derived from the sale of usable cannabis to be collected by cultivation facilities, dispensaries, or other cannabis businesses and remitted to the Department of Finance and Administration.
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