marijuana banking

Fear shrouds official marijuana banking in New York

Marijuana banking is now official in New York, but fear continues. The Department of Financial Services in New York has issued new policies, allowing marijuana banking in the Big Apple. Throughout the US, states, where marijuana is...
ABcann cannabis facility in Napanee in midst of $30 million expansion

ABcann cannabis facility in Napanee in midst of $30 million expansion

ABcann, a medicinal cannabis company, began its business in Napanee four years ago. Now that legalization is in sight, the company has set its own sights on the recreational use market. To meet the demands of commercial use,...
Cannabis company Aphria expands to south with acquisition

Cannabis company Aphria expands to south with acquisition

LEAMINGTON, Ont. — Aphria Inc. says it's preparing to expand its cannabis business into South America and Jamaica by acquiring a subsidiary of Scythian Biosciences Inc. for an undisclosed price. The Ontario-based company says it will...
cannabis farm

Cannabis farm in Uganda is in the works for Israel’s Together Pharma

Israel’s Together Pharma Ltd. is setting up a cannabis farm in Uganda, the Times of Israel reported.  Together has already placed an order for cannabis seeds from a Dutch supplier for the cannabis farm in...
NFL And Cannabis

NFL And Cannabis: Who Has The Bigger Game?

The cannabis industry will be bigger than NFL, says pot business Icon Michael Straumietis. Straumietis, also known as “BigMike,” is the CEO of the BC-based Advanced Nutrients, a giant marijuana fertilizer and supplement company operating...
medical marijuana coverage

High costs discourage medical marijuana coverage in Canada despite legalization

High costs are discouraging insurance companies to give medical marijuana coverage despite the legalization of the green herb for medicinal purposes in Canada since 2001, Reuters reported. High costs to reimburse or give coverage...
Marijuana-infused beverages

Marijuana-infused beverages with no calories are in the making: Canopy CEO

Marijuana-infused beverages that are free of calories are in the making, says Canopy's CEO. With Canada’s recreational cannabis legalization on the horizon, Canopy Growth and Constellation Brands are looking to place their stamp on the...
British firm Senzer to launch first inhaled cannabinoid in the UK

British firm Senzer to launch first inhaled cannabinoid in the UK

The British firm Senzer is set to launch the first inhaled cannabinoid in the UK. Senzer, a privately-held British firm, recently announced that is going to launch Cannafen followed by Candex with the latter...
Canopy to acquire Tokyo Smoke’s parent company Hiku for about $250M deal

Canopy to acquire Tokyo Smoke’s parent company Hiku for $250M deal

Canopy Growth Corporation(“Canopy Growth”) (TSX:WEED) (NYSE: CGC) is acquiring Tokyo Smoke’s parent company, Hiku Brands Company Ltd. (“Hiku”) (CSE:HIKU), for about $250 million in an all-stock deal. The Smiths Falls-based Canopy, the largest medical...
TD Bank talks pot, to acquire Greystone Managed Investments for $792 million

TD Bank talks pot, to acquire Greystone Managed Investments for $792 million

Toronto-Dominion Bank will buy Saskatchewan-based Greystone Managed Investments Inc. for roughly $792-million in stock and cash, a transaction which the bank says makes its asset management division the biggest money manager in Canada. Acquiring the institutional money manager will...
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