“Former Global Head of Sales & Education for L'Oréal's Baxter of California transitions to CBD sector to spearhead omni-channel strategy and global expansion” – PRNewswire
One of the big stories in the migration saga this week was that of Paul Norman, who last served in the position of President of Kellogg North America, a business with an estimated value of $9 billion. After leaving the foods company, Norman was appointed as CEO and chairman of Heavenly Rx, a company that’s part of the portfolio of publicly traded SOL Global Investments (OTC: SOLCF) (CSE: SOL). – Forbes
“On Saturday, Financial Times reported that church commissioners said they would loosen a self-imposed ban on investing in licensed cannabis companies. The restriction remains in place for investments in recreational cannabis, but medical cannabis will be fair game.” – Merry Jane
“Under the terms of the LOI, the parties will effect a downstream merger of Privateer with and into a wholly-owned subsidiary of Tilray, with the Tilray subsidiary surviving the merger, and the issuance by Tilray to Privateer stockholders of newly issued and registered shares of Tilray common stock in an aggregate amount equal to the number of Tilray common shares currently held by Privateer. All Tilray shares held by Privateer and all outstanding Privateer common stock will be cancelled upon consummation of the merger.” – NCV
“Cincinnati, Ohio-based grocery store chain Kroger Co. is now selling CBD-infused topicals in its stores in 17 states, the Detroit News reports. The company joins other traditional retailers, such as Walgreens, CVS, Walmart and even Family Video in offering CBD products following the passage of last year’s federal farm bill.” – Ganjapreneur
“Self-described “natural born risk-taker” Anat Baron made her mark as an executive with Mike’s Hard Lemonade and helped drive the startup beer competitor to national prominence between 2001 and 2004. For the past seven years, the entrepreneurial-minded Baron has been working on a new technology platform that she’s hoping will be ready to launch by the end of the year.” – MJBizDaily
“For many suffering from chronic illness, cannabis is a godsend. From those dealing with the wrath of inflamed digestive systems, to the ones combating global musculoskeletal pain, and the millions who report that the agony in their heads is just the beginning of their symptoms—cannabis can help these fighters with their load of physical woes.” - Leafly
“Thailand’s drug-fighting agency said last week it would distribute 24 tons of seized marijuana to institutions to manufacture cannabinoid medicines until harvests from legal cannabis farms are ready.” – Royal Thai Embassy
“A bill to legalize marijuana in Illinois is heading to the governor’s desk following a successful vote in the House of Representatives on Friday. The House passed the bill in a 66 to 47 vote.” – Marijuana Moment
“Abner Kurtin spent almost his entire professional career in the hedge fund and investment industries before founding Boston-based Ascend Wellness in 2018 and trying his hand as the CEO of a multistate cannabis company.” – MJBizDaily
“While the United States workforce may still have a ways to go before it reaps the economic benefits of a national cannabis industry, many working-class stiffs could get a taste for how this agricultural sect is going to impact the population as its non-intoxicating cousin prepares to go big time once again.” – CannabisNow
“The first-of-its-kind public meeting is meant to inform the FDA’s approach as it considers developing alternative pathways to regulate cannabidiol, which is not currently permitted in the food supply or as a dietary supplement.” – Marijuana Moment
“According to WQAD, State Rep. Anthony DeLuca,took out a frying pan and an egg during his designated speaking time. As the Democrat from Chicago Heights cracked the egg into the pan, he gave sentiments made popular by a 1980s TV anti-drug commercial. "You see this? This is your brain. There it is folks. This is your brain on drugs," he said.” – WGN9
“The New Jersey Department of Health’s principal deputy commissioner, Jackie Cornell, is leaving her post to join Colorado-based 1906, a cannabis edibles company. Cornell will be chief of policy and health innovations, and will remain in New Jersey, according to a Wednesday statement from 1906.” – ROI
“Companies that sell cannabis products—even those consisting of CBD derived from hemp, which was legalized in the U.S. through the Farm Bill late last year—are continuing to have trouble accessing basic financial services that are available to businesses in other sectors. That includes being able to maintain bank accounts and process their customers' credit cards. The latter problem could be solved under a new pilot program that has quietly been launched by the payment processing service Square.” – Forbes
“On Wednesday, the Canadian Institutes of Health Research announced it would be dropping roughly $24.5 million to bolster cannabis research. The money will help support 26 projects throughout Canada “that cover topics such as the use of cannabis and cannabidiol (CBD) oil for the treatment of pain and anxiety,” according to a press release from the agency.” – High Times
“The young cannabis industry faces a lot of challenges, one of which is how to maintain sustainability in a massively growing market. As an industry based on the production and sale of a plant, it makes sense that sustainability should be a main focus of it—cannabis comes from the ground, so shouldn’t the industry look to minimize its impact on the earth and environment?” – Leafly
“The Transportation Security Administration (TSA) updated its policy on cannabis over the Memorial Day weekend, changing the medical marijuana section of its “What Can I Bring?” webpage from reading “no” to “yes” (with “special instructions”).” – Marijuana Moment
“Canopy Growth Corporation has finalized an all-cash transaction to acquire This Works for a purchase price of £43 million (CDN $73.8 million). Founded in 2004, This Works has cemented itself as a global leader in natural skincare and sleep solutions with a devout customer base spanning 35 countries.” – New Cannabis Ventures
“CBD can help manage PTSD symptoms, such as panic attacks, flashbacks, nightmares, and overall anxiety. Echo Connection, an organization that guides those seeking the therapeutic effects of CBD, writes,“Cannabidiol (CBD) influences the body’s endocannabinoid system, which helps maintain emotional homeostasis and regulate memory consolidation, retrieval and extension.” – Alchemist’s Kitchen
“The National Association of State Treasurers adopted a resolution on Friday announcing that the organization “supports common sense federal laws and regulations to provide essential banking services to state legalized cannabis businesses, promote public safety and financial transparency, and facilitate local, state and federal tax and fee collection.” – Marijuana Moment
“A few years ago, when Michigan was considering legalizing cannabis, officials at Northern Michigan University asked faculty to come up with “futuristic leading-edge academic majors.” The result: Students from around the country can now enroll in a cannabis-centric medicinal chemistry program, which has grown to 230 students in just two years.” – Forbes
“Ms. Palmer, founder of the longest-running hip-hop news website in the world, SOHH.com, and her new company, Cannaramic Media, Inc., are commencing federal, civil action against Facebook, Inc., the social media behemoth running Facebook and Instagram, after a series of ads intended to promote the company’s educational Cannaramic Online Summit were rejected on the platforms, and the company’s follower page was disabled temporarily.” – Forbes
“If you’ve been keeping up with the state of the international cannabis industry, then you’ve probably heard of Colombia being poised as the next major hub for cannabis exports.” – High Times
“Carol Bartz has had a front-row seat to the nation’s technology boom dating back decades. The former Yahoo CEO sees parallels between today’s cannabis industry and high tech.” - MJBizDaily
Natural. Misunderstood. Legal. This is the story of hemp in the United States. A forbidden fiber in the U.S. since 1970, hemp has taken the heat for almost five decades. Until the Farm Bill passed in December of 2018, hemp was federally illegal to grow for commercial purposes, making it risky for businesses to invest in a new crop that was incorrectly classified as a drug. Visit Patagonia.com/hemp to learn more.
“The medical cannabis market in Asia could exceed US$5.8 billion by 2024 if it is legalised across the region, but further legalisation is not likely in China and Hong Kong in the near future, according to a new research report.” – South China Morning Post
“In interviews last week, Cuomo essentially called it quits on cannabis legalization in New York for the time being. After legalization failed to pass in the state’s budget last month, legislators and the governor alike vowed to work on a standalone bill that they could pass in the current legislative session, which ends on June 19. Yet in the midst of their progress—a revised bill will likely be unveiled this week—the governor’s public statements undermined cannabis advocates in the State Assembly, and made it clear he is uninterested in pushing the bill.” – Leafly
“The U.S. Department of Agriculture has given South Carolina-based CBD brand Palmetto Harmony organic certification, marking the first time the agency has given the designation to a hemp product.” – Ganjaprenuer
Tilray Inc. a global pioneer in cannabis research, cultivation, production, and distribution, today announced an investment of US$32.6M to increase the company’s Canadian cannabis production and manufacturing footprint by 203,000 square feet across three facilities. This investment will expand Tilray’s total production and manufacturing footprint from 1.1 million to 1.3 million square feet worldwide. – NCV Newswire
As a Content Writer for Greenlight you will be at the forefront of creating content in an industry that is in more ways than one, very “greenfield”. As the cannabis industry blossoms so do the opportunities for groundbreaking journalism. Break free from the stereotype and explore new topics of interest with us and gain the opportunity to brush shoulders with other professionals in the space. Work with Greenlight to create engaging, thought-provoking, and industry leading content.
A product developer and distributor of CBD products, derived from Colorado organically grown hemp-based CBD extract and other plant nutrient rooted in the health and wellness benefits is seeking a Manager of Packing Development.
The Genomic Scientist – Cultivation will provide technical expertise to enhance current traditional breeding techniques with advanced molecular assisted breeding technologies and analysis in order to deliver products faster with lower development costs.
A premiere consumer packaged goods company is seeking a Director of Sales, a leadership role for their Medicinals Division as the company continues to grow their footprint as a leader in the cannabis industry.
Source and lead direct investments across the capital structure of cannabis companies. Conduct comprehensive due diligence. Prepare and write investment memoranda and investment recommendations. Negotiate terms and conditions with potential portfolio investments. Analysis of company performance, market size and fit, management teams, financial statements, financial models, industry research, etc. Represent firm via board representation at investment company level.
“The Manufacturing Manager is responsible for overseeing all aspects of manufacturing operations to achieve output and efficiency targets. This position reports to the Director of Operations.”
The associate sells and services new and existing customers at our cannabis dispensaries. The position is also responsible for performing sales and service functions for targeted promotional items.
The Director of Sales will contribute to the success of the firm by overseeing the infrastructure expansion and revenue growth of the four business sales channels within the organization. The Director of Sales position will be responsible for collaborating with cross-functional business leaders, including Marketing, Finance, and Director of Business Development.
A cultivation company is looking for a Master Grower to join its team. The company is looking for an individual to work side by side everyday and operate/grow the operation to the fullest potential.
The Greenhouse Technician performs manual labor to assist in the upkeep, stocking, and fulfillment of growing medicinal cannabis, including, but not limited to; watering, feeding, flushing, pruning, washing, cloning, and transplanting under the supervision of the Greenhouse Manager. Attention to detail is extremely important. The ideal candidate will excel as a team member within a tightly controlled, state-regulated system and timelines.