The Week In Cannabis: Justice Clarence Thomas, Mexico’s Decriminalization, Apple’s Policy Changes, Tilray And More
Below is a recap of the main news related to the cannabis industry and markets for the week of June 28, 2021.
From GrubHub To Cannabis: An Entrepreneur’s Life-Long Bet On Home Deliveries
“This is my life,” says cannnabis industry CEO Adam Berk. And it is true: Berk is in fact passionate about his job. He has always been.
M&A In Hemp Industry: Vertical Wellness, CanaFarma Merge To Create $50M Business
Hemp wellness company Vertical Wellness and hemp products and services provider CanaFarma Hemp Products Corp. (CSE: CNFA) (OTC: CNFHF) are merging to create an industry leader.
The Week In Cannabis: CT Goes Legal, O’Brien Smokes On TV, A New Extraction Giant And More
In another busy week, cannabis stocks traded up, outperforming general markets.
Over the five trading days of this week:
Meet Marley One: The Bob Marley-Themed Psychedelic And Functional Mushrooms Brand
Psychedelics company Silo Wellness Inc. (CSE: SILO) (OTC: SILFF) (FRA: 3K70) launched a global functional and psychedelic mushroom consumer brand on Thursday.
S420: The First Ever U.S. Cannabis Equity Index Future Contract
The Small Exchange celebrated its one-year anniversary with the launch of the first futures contract on marijuana stocks.
The Week In Cannabis: Federal Drug Decrim, Connecticut, Louisiana, Big M&A Moves And More
U.S. House Reps Bonnie Watson Coleman (D-NJ) and Cori Bush (D-MO), in collaboration with the Drug Policy Alliance, introduced the Drug Policy Reform Act (DPRA): a bill seeking to end criminal penalties for drugs possession at the federal level.
The Week In Cannabis: Federal Research Bill, George Lopez, Brazil, Morocco, Columbia Care And More
As we near the end of the first half of 2021, we can see cannabis stocks traded mostly up by double digits, with the Amplify Seymour Cannabis ETF (NYSE: CNBS) delivering gains of more than 50% year-to-date.
This week, however, stocks posted mixed performances.
Cannabis Co. Flora Growth Completed $2.4M Investment In Hoshi International
Flora Growth Corp. (NASDAQ: FLGC) made a strategic investment of 2 million Euros ($2.42 million) in Hoshicap Portugal Unipessoal Lda, a subsidiary of Hoshi International. The investment will solidify Flora's position as a preferred strategic supplier to Hoshi's EU processing facilitie
Columbia Care Launches Tool To Discover Cannabis Based On Mood, Activity, More
Columbia Care Inc (OTC: CCHWF) has launched Forage, a cannabis discovery tool designed to make product recommendations curated based on your mood, activity and consumption preference.