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Cannabis REIT NewLake invests $50 million in three properties
Cannabis real estate investment trust (REIT) NewLake Capital Partners said it has now fully committed the capital raised in a $100 million initial public offering last year by investing $50…
News July 6
Oklahoma group submits signatures for adult-use marijuana legalization
An Oklahoma group aiming to get an adult-use marijuana market legalized through a statewide vote in November submitted more than 164,000 signatures to the secretary of state.
News July 6
Cannabis software firm Akerna closes $10 million public offering
Cannabis technology company Akerna closed a public offering of shares and share purchase warrants, raising gross proceeds of roughly $10 million for debt servicing and other other purposes.
News July 6
After legal setback, hemp extractors hope DEA won’t make any big moves
Hemp extractors worried about a federal crackdown over THC levels have dim prospects for getting help from the judicial system. Instead, they're looking to the words of the U.S. Drug…
News July 6
Auxly sells cannabis cultivation facility in Nova Scotia, yielding CA$6 million
Canadian cannabis producer Auxly Cannabis Group sold its Auxly Annapolis indoor cultivation site in Kentville, Nova Scotia, for total proceeds of 6 million Canadian dollars ($4.6 million).
News July 5
Clint Eastwood awarded $2 million over CBD company using his name
Famed actor and director Clint Eastwood won his second trade infringement lawsuit against CBD companies that have used his name or likeness to promote products without his permission.
News July 5
Israel experiences another disruption to cannabis shipments, report says
Israeli police told the operators of the cargo terminal at Ben Gurion Airport, the country's main international airfield, to stop shipments of medical marijuana, The Israeli Cannabis Magazine reported.
News July 5
Health minister: Germany taking safety-first approach to marijuana legalization
The focus of Germany's upcoming adult-use marijuana legalization will be safety and the protection of youth from negative health effects, according to Germany's health minister.
News July 5
Cannabis retailer High Tide awards employees inflation stipend
Canadian cannabis retailer High Tide is offering employees temporary pay bumps to improve staff retention and help front-line workers weather inflationary pressures, MJBizDaily has learned, as rising overall costs take…
News July 5
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