Charlotte’s Web Completes Acquisition of Abacus Health Products

Charlotte’s Web Completes Acquisition of Abacus Health Products

Charlotte’s Web Holdings, a producer and distributor of hemp-derived CBD products, announced June 11 that it had completed the previously announced acquisition of Abacus Health Products, Inc., a producer of over-the-counter topical products that combine active pharmaceutical ingredients with hemp extract.“This just made so much sense,” Charlotte’s Web CEO Deanie Elsner told Hemp Grower and ..

Arkansas Medical Cannabis Sales Near $100 Million

Arkansas Medical Cannabis Sales Near $100 Million

Narith Panh has long advocated for the use of cannabis as part of a healthy, holistic lifestyle.When he was just 22 years old, Panh was diagnosed with a bulging disc, which caused him to suffer chronic back pain that made him rely on prescription pills and other remedies with unwanted side effects. With two options—undergo ..

After 8-Hours of Debate, US Virgin Islands Senate Still Undecided on Cannabis Bill

After 8-Hours of Debate, US Virgin Islands Senate Still Undecided on Cannabis Bill

The St Thomas source reportsSenators spent Friday scrutinizing a 60-page piece of legislation proposed by Gov. Albert Bryan that would revise the Virgin Islands Cannabis Use Act, but after eight hours debate the lawmakers were divided as to whether the measure was ready.Some 600 kilos (1,320lb) of cannabis has been found hidden in a lorry ..

Report: Medical cannabis use in the Australian community following introduction of legal access: the 2018–2019 Online Cross-Sectional Cannabis as Medicine Survey (CAMS-18)

Report: Medical cannabis use in the Australian community following introduction of legal access: the 2018–2019 Online Cross-Sectional Cannabis as Medicine Survey (CAMS-18)

RespondentsOf the 1804 respondents who commenced the survey, 184 did not meet eligibility criteria, and 192 did not give consent. Data were excluded for 70 respondents who provided no further information beyond demographics questions, three respondents who indicated that none of their cannabis use was for medical purposes and seven who provided implausible responses to ..

EIHA Hemp Conference | Cannabis Law Report

EIHA Hemp Conference | Cannabis Law Report

Markets, Policy & OutlookChairpersonMichael Carusnova-Institut 10:00Michael Carusnova-Institut Conference Opening10:15Daniel KruseEuropean Industrial Hemp Association Overview on EIHA and European Hemp Markets10:45Lorenza RomaneseEuropean Industrial Hemp Association Overview on EIHA Policies on CBD, THC and more11:15Martina FriedlDeep Nature Project EU-Fundings – basic Introduction and ChecklistsAbstractAgriculture & Processing11:45Mark ReindersHempFlax Cultivation, Harvesting and Total Crop Valuation12:30Rafael DulonHANF FARM Hemp Farming in Central Europe – Challenges and ChancesAbstract13:00Heinrich ..

Turnarounds, Down Rounds & Roll-Ups: Opportunities for Distressed Assets & Valuations

Turnarounds, Down Rounds & Roll-Ups: Opportunities for Distressed Assets & Valuations

THE PRICE –Free?THE DATE –17 June 2020THE RATING –THE BLURB –Save the date! Our next Arcview Access™ roundtable discussion on June 17th is sponsored by The Entrust Group and hosted by Codie Sanchez of Entourage Effect Capital. This webinar begins at 1 pm PT/4 pm ET. Reserve your seat here.We’ve invited special guest Tiffany Liff, ..

Green Market Report: Charlotte’s Web Strain Battle Heats Up

Green Market Report: Charlotte’s Web Strain Battle Heats Up

GMR write by way of introduction..The Stanley Brothers in Colorado made their name by targeting a strain called Charlotte’s Web that had greater amounts of CBD than THC in order to treat a young girl with a rare form of epilepsy. The girl, Charlotte Figi, suffered from Dravet Syndrome that caused her to have multiple seizures in ..

Navajo Nation Justice Department sues tribal member, businesses over hemp production sites

Navajo Nation Justice Department sues tribal member, businesses over hemp production sites

The Farmington Daily Times reportsThe Navajo Nation Department of Justice is suing Shiprock resident Dineh Benally and two businesses, alleging they are growing and marketing industrial hemp on the Navajo Nation.The lawsuit was announced in a press release from the department, stating it was filed on June 11 in the Shiprock Judicial District court.According to ..

Lawsuit: Tilray execs misled investors over ABG cannabis deal says MJ Biz

Lawsuit: Tilray execs misled investors over ABG cannabis deal says MJ Biz

A new lawsuit alleges the top brass of Canada-based cannabis company Tilray misled shareholders and engaged in insider stock sales during 2019 and early 2020.The so-called verified stockholder derivative suit was filed by Tilray shareholder Lee Morgan on June 5 in the U.S. District Court for the District of Delaware. The complaint was filed on ..

Eversheds advises on medical cannabis private equity fund established in Ireland

Eversheds advises on medical cannabis private equity fund established in Ireland

Ireland’s first ever private equity medical cannabis fund has been established.The new venture has been set up by Crossroads Capital Management Limited (CCM) and Óskare Capital SAS.The alternative investment fund is now to be marketed to qualifying investors around the world.Óskare Capital is a French investment advisor that specialises in private equity, venture capital, cannabis, and ..

Report:  Charles S. Gascon / As More States Legalize Marijuana, Economics Comes into Play

Report:  Charles S. Gascon / As More States Legalize Marijuana, Economics Comes into Play

The topic of marijuana (cannabis) legalization moved into headlines following Colorado’s and Washington’s decisions to permit recreational use of the drug in 2012. Yet, these changes reflect nearly 50 years of evolution in drug policy.1The relaxation of state laws on the possession and use of marijuana can be traced back to 1973, when Oregon became ..