When President Donald Trump penned hemp legalization into law late last year via the Farm Bill, hemp companies obviously cheered. But marijuana entrepreneurs also took careful note, because that landmark decision could offer fresh business opportunities to diversify into a plant now legal under federal law. A growing number of marijuana businesses – and hemp-only […]
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Weekly Deal Watch: M&A activity continues to ramp up among US cannabis cultivators, retailers
M&A activity this year is outpacing the number of deals closed this time last year. Cultivators and retailers continue to be top takeover targets with nearly 30 deals closed this year.
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Canopy enlists celebrity Martha Stewart as CBD ‘adviser’
Canopy Growth has lined up celebrity lifestyle guru Martha Stewart to advise the Canadian cannabis company in developing a new line of goods, including hemp-derived CBD products. Stewart said their first collaboration will offer products for pets. “As soon as you hear the name Martha, you know exactly who we’re talking about,” Canopy Growth co-CEO […]
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Peru lays groundwork for commercial medical cannabis production, sales
More than one year after Peru legalized medical cannabis, the South American country published a regulatory decree providing clarity about how the program will work, including possible cultivation and manufacture of high-THC cannabis by private companies. Details on the breadth of commercial activity that will be allowed remain vague, however. The decree, published Saturday, estimates that […]
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GW Pharma denies supply issues with marijuana-based drug Epidiolex after stock falls
GW Pharmaceuticals, the British maker of epileptic seizure-control medication Epidiolex, said it was not aware of any supply issues related to the cannabis-derived drug after a tweet from a patient’s father complained he could not source the medicine. GW’s stock was down more than 3% on Wednesday on the Nasdaq after the tweet from San […]
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March Issue
The Farm Bill offers new business opportunities for hemp - plus banking, tax and insurance help.Read the Issue