Real estate collateral still one of the best bets for raising capital. Cannabis companies looking for a cash injection will probably have a tougher time in coming months than in previous years, as the investor pool shrinks and financing options have narrowed, several experts told attendees during a finance forum this week in Las Vegas. …
Capital Options Slims for Cannabis Businesses, But Money Still Accessible Read More »
A U.S. district judge has dismissed Florida Agriculture Commissioner Nikki Fried’s lawsuit challenging the federal laws that govern medical cannabis and firearms. Judge Allen Winsor granted the Department of Justice’s (DOJ) request to dismiss the case, which claimed that current regulations that prohibit medical cannabis patients from buying and possessing guns violate Second Amendment rights, …
The psychedelics research company ended the quarter with less than $100K cash. Cash-strapped Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) continued to refocus its operations through the third quarter ended Sept. 30. The company recorded a net loss of $3.3 million for the period, a 27% improvement over the loss reported a year ago. For the first …
The modern marijuana industry is headed toward massive consolidation that will eventually feature just a handful of companies atop a global supply chain, predicted Curaleaf Executive Chairman Boris Jordan during an appearance at an investor forum this week. Jordan, speaking during Cannavest at MJBizCon in Las Vegas, told audience members that a close friend of …
Curaleaf Chairman: Cannabis May Emulate Tobacco Oligopoly Read More »
The newly-created Federation of International Hemp Organizations (FIHO) will finalize its first-ever board of directors at an inaugural general meeting this Friday, Nov. 18 in Saskatoon, Saskatchewan, Canada. The group, which announced it was forming last year and held an organizational meeting in March, has said it will address key issues that affect the industry …
International hemp organization to name opening board of directors Read More »
LOUIS — Missourians will be able to buy recreational marijuana by early February, but both attorneys and police are unsure what the drug’s legalization means for police departments, officers and residents. Attorneys speculated that charges for driving while intoxicated could rise as the use of marijuana increases. And they said the shift in law could …
Both have unpaid debts and haven’t managed to go public as planned. It seems High Times and the company it just bought, Moxie Holdings, have a lot in common. Both companies failed to go public as planned, and both have not paid their debts. Moxie Misfires Moxie Cannabis, also known as MXY Holdings, told investors back in …
Moxie Cannabis & High Times Copes Various Similarities Read More »
The legalization of hemp under the 2018 Farm Bill has opened the doors for researchers to study CBD and its anti-inflammatory properties. And there is a growing number of studies that support the effectiveness of CBD for countering chronic inflammation in the body. In fact, one of the earliest studies suggesting CBD may be a …
The Science of Using CBD to Aid Inflammation Symptoms Read More »
LSD is back with a flurry of new applications to treat a broad array of conditions. By now, everybody in the psychedelics industry knows the story of lysergic acid diethylamide (LSD): discovered by Swiss chemist Albert Hoffman in 1938; consumed by counter culture of the late 1960s as a popular recreational drug; used in government acid experiments …
The safety profile of CBD is usually favorable. This organic chemical compound has less possible negative effects than pharmaceutical medications, which can lead to dependence and undesirable outcomes. It’s critical for customers to comprehend the efficacy and side effects of CBD given its rising popularity. Can CBD oil cause dry mouth, then? Well, one of …
