The New York State Cannabis Control Board on Tuesday voted to open up the application process starting next month for businesses seeking to sell, grow, process and distribute marijuana for adult use. Companies with an existing presence in the state’s medical program include Curaleaf Holdings CURLF, RIV Capital Inc. CA:RIV, a unit of Scotts Miracle-Gro […]
Melodiol Global Health Limited (ASX:ME1, FRA:1X8) (‘Melodiol’ or ‘the Company’) is pleased to provide the following updates on its agreements with La Plata Capital, LLC (‘La Plata’) which considerably strengthens the Company’s balance sheet ahead of its next phase of growth. Highlights: New Agreement with La Plata to pay all future interest payments in equity, […]
Melodiol Global Health Limited (ASX:ME1, FRA:1X8) (‘Melodiol’ or ‘the Company’) is pleased to present its Half Year Report. Click here for the full ASX Release This article includes content from Melodial Global Health, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility […]
The U.S. Department of Health and Human Services is recommending to the U.S. Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under U.S. law from Schedule I now, according to a report by Bloomberg. Cannabis stocks are rallying, with the AdviserShares Pure US Cannabis ETF MSOS up by nearly […]
Last updated Sep 19, 2022 0 Chicago-based marijuana producer Cresco Labs Inc. reported Monday a fourth-quarter net loss of $45.2 million, widening from a net loss of $4.4 million a year ago. The company did not provide per-share figures. Cresco revenue grew to $41.4 million from $17 million in the year-ago quarter. The company said […]
The North American cannabis market is a competitive industry, but cannabis industry ancillary businesses fill less crowded spaces and provide essential services around the industry. Like any business, the cannabis industry doesn’t exist in a vacuum. Every cannabis business large and small relies on a supporting cast of services that might only be tangentially related […]
Consistent with an accelerated operational and commercial timeline for AES-100 technology, the Board of Directors of AES-100 Inc. has appointed Channce Fuller to lead the company’s expedited development agenda Mr. Fuller joins AES-100 Inc. with a background in commercial and operational leadership as an executive at one of North America’s largest environmental companies Mr. Fuller’s […]
December was profitable for short sellers in the cannabis sector, says a new market report. According to a document from S3 Partners, a financial technology and analytics firm, cannabis shorts made US$431.9 million during December, with a direct increase in short interest and shares shorted for one particular stock. Aphria (NYSE:APHA,TSX:APHA) was the only stock […]
Consistent with an accelerated operational and commercial timeline for AES-100 technology, the Board of Directors of AES-100 Inc. has appointed Channce Fuller to lead the company’s expedited development agenda Mr. Fuller joins AES-100 Inc. with a background in commercial and operational leadership as an executive at one of North America’s largest environmental companies Mr. Fuller’s […]
LGC Capital (TSXV:LG) announced the documentation of its Global Canna Labs Limited transaction was completed in Kingston, Jamaica. As quoted in the press release: The signed contracts provide for LGC subscribing for a $2.5 million secured debenture, convertible into an initial 30% strategic interest in Global Canna Labs and to also acquire a 5 [percent] royalty on Global Canna Labs’ […]