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New Jersey cannabis regulators appeal loss to Curaleaf in labor fight
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CURA debt facility: Capital markets are open for companies that can prove solid fundamentals
Curaleaf's $275 million syndicated loan facility announced Friday shows that capital markets are indeed open for companies with positive EBITDA and specific revenue and profit targets.
News December 20
Pure Global Cannabis ‘temporarily’ lays off staff to conserve cash
Canadian license holder Pure Global Cannabis has become the latest marijuana firm to shed part of its workforce to conserve cash amid the challenging capital market conditions facing the industry.…
News December 20
Oregon to prohibit CBD in alcoholic drinks
An Oregon agency on Friday said it will ban CBD in alcoholic beverages, a blow to marijuana and hemp companies in or planning to enter this growing field. The Oregon Liquor…
News December 20
Lead found in some marijuana vape products in Massachusetts
Massachusetts regulators found “impermissible levels of lead” in 13 of more than 100 marijuana vape products that were tested. The state’s Cannabis Control Commission tested 109 vape products, mostly to…
News December 20
DEA shuts down illegal cannabis vape sellers
The U.S. Drug Enforcement Administration (DEA) and the U.S. Food and Drug Administration said Friday they seized 44 website domains offering to sell illegal vaping cartridges containing THC and other…
News December 20Marijuana tech
Consumers shopping at cannabis stores in California are being encouraged by a state agency to use their smartphone cameras to scan a quick response (QR) code to confirm the retailers…
News December 20
Greece’s new government committed to cannabis sector success: Q&A with Pelopidas Kalliris of Ministry of Development and Investment
Greece is one of a half-dozen European countries hoping to cash in on medical cannabis exports. The country is also developing rules for domestic patients to access medical marijuana. Because Greece…
News December 20
Multistate marijuana firm Curaleaf raises $275 million in debt
Curaleaf, a Massachusetts-based multistate marijuana operator, secured $275 million in debt from a syndicate of lenders. It’s believed to be the largest amount of debt ever raised in the U.S.…
News December 20
Alberta bans cannabis vape sales amid smoking law review
Cannabis vapes will not be among the mix of new edible, extract and topical products available in Alberta’s retail stores in the coming weeks, the provincial regulator said.
News December 20
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