Cannabis market and industry news

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  Business7 years ago

  Aurora Cannabis buys Hempco Food and Fiber hemp company

  Aurora Cannabis announced on Monday that it had completed the purchase of Hempco Food and Fiber, after acquiring all its outstanding shares worth...

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  Business7 years ago

  Canopy Growth caught in stock market turbulence

  Canopy Growth announced on Wednesday that it posted a net loss of $1.28 billion (€863 million) for the quarter ended June 30, compared with...

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  Business7 years ago

  AriZona Ice Tea goes cannabis

  Ready-to-drink tea brand AriZona Beverage is entering the cannabis industry. The company announced last week that it had reached an agreement with Dixie Brands,...

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  Business7 years ago

  Canopy Growth acquires Beckley Canopy Therapeutics, a research firm that will develop its products

  Canada's Canopy Growth has fully acquired Beckley Canopy Therapeutics, a research firm it co-founded in 2018. The agreement will also enable Canopy to acquire...

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  Business7 years ago

  The European Medicines Agency issues a positive opinion on Epidiolex

  A panel of the European Medicines Agency (EMA) issued a positive opinion on Friday for Epidiolex, a CBD oil used to treat cases of...

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  Business7 years ago

  Cannabis and crypto-currency: billionaire Alkiviades David launches Swissx Bank of Cannabis

  The whimsical Greek billionaire Alkiviades David launched Swissx Bank of Cannabis on Thursday, with the aim of facilitating legal cannabis transactions in...

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  Business7 years ago

  CannTrust: CEO Peter Aceto dismissed

  CannTrust has fired Peter Aceto, who was previously the company's CEO. This comes in the midst of an investigation by Health Canada, which had uncovered...

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  Cannabis in Germany7 years ago

  Germany: opposition party calls for clarification of CBD status

  The German opposition party Freie Demokratische Partei (FDP) today submitted a request to the federal government to clarify Parliament's position on...

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  Business7 years ago

  Who are tomorrow's cannabis consumers?

  The legalization of cannabis in Canada has seen the arrival of a new wave of consumers. Since the first legal sales took place last October, cannabis consumption...

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  MedMen7 years ago

  South Park mocks cannabis giant MedMen

  The satirical series South Park recently gained attention for its parody of a promotional video directed by Spike Jonze for cannabis company MedMen. The parody...

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  Business7 years ago

  Canada: British Columbia not ready for edibles commercialization

  British Columbia, like other provinces, may not be ready for cannabis-infused food products. Canada has...

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  Business7 years ago

  CannTrust under investigation by Health Canada for illegal cannabis production

  Canadian medical cannabis company CannTrust has been forced to suspend operations, following an inspection by Health Canada. CannTrust is a licensed producer of medical cannabis...

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  Business7 years ago

  Canada: legal cannabis 80% more expensive than black market cannabis

  8 months after the legalization of cannabis in Canada, price differences are still widening between legal cannabis and the black market. The costs imposed...

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  Business7 years ago

  Jay-Z takes his turn in the recreational cannabis industry

  Yesterday rapper Jay-Z announced his partnership with California recreational cannabis company Caliva. The artist will join their teams to help with strategy and...

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  Business7 years ago

  Bruce Linton, historic founder of Canopy Growth, pushed towards the exit

  Bruce Linton, the historic founder of Canopy Growth, announced on Wednesday July 3 his departure from the Canadian company, leader in the production and distribution...

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  Business7 years ago

  Everything we missed about cannabis last week

  Regular Newsweed consumers will have noticed that we took a break last week. A chance for us to recharge our batteries. But since...

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  Business7 years ago

  France's first CBD vending machine!

  Weed Paradise has just installed France's first CBD vending machine in front of its hemp parapharmacy in Châtenois....

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  Beauty7 years ago

  Canada: regulations for edibles, topicals and concentrates are ready

  Health Canada has just published its final regulations for the second wave of legalization, that of edibles, topicals and concentrates. They will enter into force...

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  Business7 years ago

  Zimbabwe: prison gets government approval to grow cannabis

  One year after cannabis was legalized for medical and research purposes, the Zimbabwean government has just given the green light to a project...

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  Business7 years ago

  Mike Tyson is building a luxurious relaxation complex around cannabis

  Convinced by the health and wellness benefits of cannabis, legendary boxer Mike Tyson got into the cannabis business some...