The gravamen of the lawsuit is that Curaleaf violated federal securities law by making knowingly making materially false and misleading statements to the investing public that artificially inflated the market price of Curaleaf securities. The FDA sent a warning letter leading Curaleaf to delete all claims on its website and social media accounts of health claims about its CBD products.
If you’ve started exploring the world of CBD, you’ve probably come across three major types of CBD products — full spectrum, broad spectrum and isolate. It’s important to understand the difference before buying anything so you can make an informed decision.
San Francisco Music Festival, Outside Lands, will feature 28 cannabis companies to participate in Grass Lands. A Cannabis focused section of the festival. Included in Grass Lands will be a curated stage for comedy, music and cooking. San Francisco's new regulations governing temporary cannabis sales restrict consumption and sales outside of the Grass Lands area, which will be hidden from visibility from festival goers.
The course, Cannabis: Biology, Society and Industry, will give students a background in dealing with cannabis through several academic lenses and contexts. Carlyn S. Buckler, an associate professor of practice with Cornell University’s School of Integrative Plant Science, created the course to help students garner more skills within the cannabis industry.
CannTrust fired Aceto, and chairman Eric Paul was asked to resign Thursday after a Globe and Mail report cited internal emails showing the executives were aware that pot was being grown in unlicensed rooms about seven months before Health Canada unearthed the breach.
Epidiolex, as it's known in the U.S., is the first and only drug from the cannabis plant to gain Food and Drug Administration approval. The seizure treatment is a CBD oil. CBD, or cannabidiol, stands as one of more than 100 compounds known as cannabinoids found in the plant.
New York has decriminalised the use of marijuana – becoming the 16th US state to do so. The move, which would make possession of a small amount of the drug a violation rather than a felony, was signed into law by governor Andrew Cuomo.
“Demand for CBD, a nonintoxicating compound found in hemp and marijuana, has exploded in the U.S. since December, when Congress passed a new farm bill that decriminalized industrial hemp. The CBD market could be worth almost $24 billion in the U.S. alone by 2023, with about 7% of sales coming from the pet market, according to Brightfield Group, an industry researcher.” – Bloomberg
“From marijuana legalization in Illinois to decriminalization in New Mexico, 2019 has been a banner year for the cannabis reform movement, the Marijuana Policy Project (MPP) said in a mid-year progress report published on Monday.” – Marijuana Moment
“The launch of Innovation Shares’ The Cannabis ETF (NYSE: THCX) last week turned heads and opened pocketbooks with its unique approach to cannabis investing.” – Forbes
“Startups are growing THC, CBD, and "unnatural cannabinoids" from yeast. But some scientists say yeast-grown compounds will never compete with the real plant.” – Vice
“Hawaii on Tuesday decriminalized marijuana, making it the 26th state to decriminalize or legalize the drug.” – Vox
“What used to be a taboo topic, and a product quite a few players on the Tour were using but were reluctant to talk about, has become a growing industry -- now diving into sponsorships and ambassador programs with high-profile players” – ESPN
“With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. If that happens, it could prove a significant opportunity for investors interested in the space. Many countries in Asia have made headlines for strict punishments for possessing, trafficking and consuming cannabis — including, notable, the ongoing bloody war on drugs in the Philippines.” – MSNBC
“Conversations about the effects of legalizing cannabis frequently focus on a few key issues: economic opportunity, social justice, the potential for new medical treatments, and other health benefits. What’s less talked about, however, is how cannabis legalization impacts the environment.” – High Times
“The Food and Drug Administration (FDA) said on Friday that it was “expediting” its efforts to develop rules for CBD and plans to issue a report on the department’s progress by early fall.” – Marijuana Moment
“In a statement released on Thursday July 11, 2019, Green Growth Brands (GGB) announced a purchase order from American Eagle Outfitters (AE) for an exclusively developed “assortment of CBD-infused personal care items such as lotions, muscle balms, and aromatherapy” to be carried in nearly 500 AE stores and online.” – Greenlight
“Marijuana may still be illegal at the federal level, but Oregon lawmakers are preparing for the time when that finally changes. Can weed join other Oregon exports like hoppy beer, gourmet coffee and the hipster lifestyle? State leaders are ready to find out.” – Freedom Leaf
“From celebrities to physicians, everyone’s interest is piqued on the latest trend to hit nearly every industry: cannabidiol or CBD oil. If you are scratching your head trying to understand why this product has such a fan following — you are not alone. Though it has been on the market for a while, many are only now adopting the trend, as it becomes more widely accepted across many states in the country.” – CWHemp
Yooya, a firm that has the backing of Lorne Abony, co-founder of global cannabis concern Nuuvera and UK billionaire Jim Mellon is on track to become the continent’s pioneer CBD only eCommerce platform.” – Times of CBD
“When Leafly.com wanted to run a jobs report on the U.S. cannabis industry, it realized that the federal government was not tracking it. So, the website hired Whitney Economics. And from looking at state and industry data, it found that nearly 65,000 cannabis-related jobs were created in 2018. It was a 44% increase, on the heels of +21% in 2017.” – InvestorPlace
“KushCo Holdings, Inc. (OTCQX: KSHB) (''KushCo'' or the ''Company''), today announced it has filed an application to list the Company’s common shares on the NASDAQ Global Select Market (“NASDAQ”).” – Accesswire
By now, we’ve all heard the news: Bruce Linton, co-CEO of Canopy Growth(TSE:WEED), the world’s largest supplier to the cannabis markets, left the company last week. Asked about his departure from the company he had led to industry dominance, Linton said, “I think stepping down might not be the right phrase. I was terminated.” – Yahoo!
“CannTrust Holdings Inc. has received a compliance report from Health Canada notifying the Company that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations. CannTrust has accepted Health Canada's non-compliance finding and has taken actions to ensure current and future compliance.” – NCV
“The American Cannabis Operator Index extended its post-March weakness again, declining over 8% to 87.35: The good news is that the stocks managed to recover somewhat from the mid-June lows, ending the month 5% higher than where it closed on June 14th. Still, Q2 was quite challenging, as the index lost 23.8% of its value.” – NCV
“Cannabis-related businesses, especially those from disadvantaged communities, would be eligible to get loans backed by the federal Small Business Administration for the first time under proposed legislation.” – MJBizDaily
“High Yield Insights, a team of professionals with varied backgrounds published the “The CBD Consumer Experience”. A report that aims to deliver fact-based insights to conversations around the current state and future of the CBD industry with a comprehensive study on the motivations, uses and attitudes of CBD users as well as users of other cannabis products such as THC.“ – Greenlight
“The City of Denver Fills New Role; Segra Inc. Appoints Board Member; Medicine Man Tech, BioHemp Int., Kiva Confections, and True Leaf Add Executives” – MG Magazine
“KushCo Holdings, Inc. announced the development of a new 40,000 square foot distribution facility in Taylor, Michigan. The new facility will support the Company’s rapidly growing operations across the Midwest, including Illinois and Michigan, which both recently legalized recreational cannabis.” – 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.