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Tilray strikes US$229M deal to buy Hexo in latest pot M&A move

Tilray strikes US$229M deal to buy Hexo in latest pot M&A move

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Cannabis NewsApril 11, 2023

Tilray Brands Inc. is acquiring rival Canadian cannabis producer Hexo Corp. in a deal worth about US$229 million on Monday in its latest move to strengthen its position as the leading legal marijuana company in Canada. Tilray will acquire Hexo by paying US$56 million in an all-stock deal to acquire

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Study finds alterations in brain connectivity among young adult Cannabis users

Study finds alterations in brain connectivity among young adult Cannabis users

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Cannabis NewsApril 13, 2023

Globally, cannabis use has increased in recent years. According to the World Health Organization (WHO), about 147 million people, or 2.5% of the world population, consume cannabis. The neurobiological mechanisms of cannabis are yet to be identified, particularly in youth. Cannabis dependence has

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CBD show great promise for autism spectrum disorder

CBD show great promise for autism spectrum disorder

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Cannabis NewsApril 11, 2023

CBDV is currently being studied on adults and children with autism spectrum disorder. Learn more about CBDV and CBD studies here. Autism Spectrum Disorder affects millions of people across the globe, and there is a real need for new medications that can help with the social and behavioral challenges

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Mike Tyson encourages NBA players to consume his Marijuana

Mike Tyson encourages NBA players to consume his Marijuana

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Cannabis NewsApril 11, 2023

Following the new marijuana policy in the NBA, Tyson poured himself into promotion. Boxing and the name Mike Tyson go hand in hand. The former heavyweight world champion is well-known for his viciousness in the ring, but also his unpredictable temper outside of it. In recent years, Tyson has gained

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Georgia lawmakers try to wrap heads around regulating Hemp-based recreational products

Georgia lawmakers try to wrap heads around regulating Hemp-based recreational products

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Cannabis NewsApril 10, 2023

In the final days of this year’s Legislative session, a bill aimed at regulating hemp products fell short after lawmakers tried to insert language banning Delta-8 THC and similar products that are often used recreationally. House Bill 458, sponsored by Ashburn Republican Rep. Clay Pirkle, aims to

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Cannabis startup secures $2.5M for AI-Powered recruitment software

Cannabis startup secures $2.5M for AI-Powered recruitment software

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Cannabis NewsApril 6, 2023

Engin Sciences Inc., an AI-powered recruitment software startup announced Thursday that it had secured a $2.5 million seed funding round led by investment firm Gotham Green Partners. (Benzinga) Why It Matters? With this capital, Engin plans to ramp up sales and marketing efforts targeting enterprise

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Elite athletes tolerate topical CBD treatment with minor side effects

Elite athletes tolerate topical CBD treatment with minor side effects

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Cannabis NewsApril 6, 2023

A new study found that topical CBD significantly benefits elite athletes struggling with chronic lower extremity pain, opening up new possibilities for safe and effective pain management in sports. The use of CBD in sports is not new, as it has catalyzed the interests of many athletes at different

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Is the Cannabis Industry playing Risk or still Monopoly?

Is the Cannabis Industry playing Risk or still Monopoly?

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Cannabis NewsApril 6, 2023

In early 2019, back when the idea of a global pandemic was limited to sci-fi movies and video games, I wrote a column exploring how cannabis companies were being valued and the land grab that was happening at the time. Back then, cannabis capital markets were at all-time highs, despite most

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Don’t make these mistakes with your Cannabis Marketing strategy

Don’t make these mistakes with your Cannabis Marketing strategy

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Cannabis NewsApril 5, 2023

How to maximize the potential of your cannabis marketing strategy by avoiding common mistakes. Cannabis marketing can be complex, as it is constantly evolving and the many regulations do not make the task any easier. Additionally, it is a constantly growing market, which means that competition is

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Bill to dismantle Montana adult-use Weed market goes down in flames

Bill to dismantle Montana adult-use Weed market goes down in flames

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Cannabis NewsApril 5, 2023

Senate Bill 546, which would have put an end to Montana adult-use cannabis businesses, is dead after being introduced last month. You are still free to get high in the “Big Sky.” That is because last week, lawmakers in Montana voted to table a bill that would have effectively dismantled the state’s

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Jim Belushi's high stakes battle for his Cannabis farm

Jim Belushi's high stakes battle for his Cannabis farm

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Cannabis NewsApril 4, 2023

Jim Belushi first ventured into the cannabis industry in 2015 when he got involved in farming a 48-plant crop in Southern Oregon. (Benzinga) Today, Belushi's Farm has grown to a massive cannabis empire slated to appear in Discovery's. hit series "Growing Belushi" as the show returns this week for a

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CBD oil vs treats for dogs

CBD oil vs treats for dogs

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Cannabis NewsApril 3, 2023

You’ve probably heard about the hype on how CBD for dogs can potentially aid dogs in many ways, just like it does for humans. From potentially supporting pain management, inflammation, and even allergies, cannabidiol has recently been treated as an ally to dogs all around the US. That said, owners

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Company bid to turn hemp waste into textiles

Company bid to turn hemp waste into textiles

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Cannabis NewsMarch 31, 2023

DELHI - An Indian company has been awarded a 13.8 million Indian rupee (US$170,000) government grant towards its plan to transform agricultural hemp waste into textile fibres. Sahi Fab's bid to turn farm waste, including industrial hemp but also flax and nettles, into textiles is being supported by

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Florida Hemp industry fears for the worse as regulations loom

Florida Hemp industry fears for the worse as regulations loom

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Cannabis NewsMarch 31, 2023

More than 20 states have passed similar restrictions on hemp products. Hemp entrepreneurs from all parts of Florida have made the trek twice to Tallahassee this month to testify against a legislative proposal that they say poses an existential threat to their livelihoods. At the same time, states

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Renowned Cannabis breeder sues company over termination

Renowned Cannabis breeder sues company over termination

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Cannabis NewsMarch 30, 2023

Cannabis breeder Christopher Lynch alleges that he was fired from his job at Node Labs due to his struggles with Parkinson’s. One of the most influential marijuana breeders in the world has filed a lawsuit against a cannabis company, alleging that he lost his job there due to the fact that he

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Cannabis Company sues state over inspection report

Cannabis Company sues state over inspection report

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Cannabis NewsMarch 30, 2023

SIOUX FALLS - The state of South Dakota is facing a new lawsuit, stemming from an inspection that shut down a portion of a medical marijuana business. The lawsuit, filed by 605 Cannabis Cultivation and the makers of Badlands Products, alleges misapplication of the rules and heavy-handedness by the

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Husker team develops revolutionary Hemp-based masonry blocks

Husker team develops revolutionary Hemp-based masonry blocks

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Cannabis NewsMarch 29, 2023

New mix meets basic construction standards, offers increased sustainability over traditional blocks. A University of Nebraska–Lincoln College of Engineering research team has developed a plant-based mixture for concrete masonry blocks that are environmentally friendly and sustainable while helping

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Big Test for the Cannabis Industry is coming

Big Test for the Cannabis Industry is coming

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Cannabis NewsMarch 29, 2023

Could a multi-state operator finally list on a top North American exchange? One of the biggest hurdles for multi-state marijuana companies today is that they can't trade on a major stock exchange due to the U.S. ban on the drug. But a report last week from the industry website MJBizDaily suggests a

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Raphael Mechoulam, the 'father of cannabis research' who discovered THC, has died

Raphael Mechoulam, the 'father of cannabis research' who discovered THC, has died

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Cannabis NewsMarch 29, 2023

Raphael Mechoulam, the Israeli researcher whose work helped to broaden the scientific understanding of cannabis and the compounds that cause the drug's distinctive high, has died. Mechoulam, who was 92, died in Jerusalem early this month, according to American Friends of the Hebrew University. Among

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Center for Medical Cannabis research to open at University of Utah

Center for Medical Cannabis research to open at University of Utah

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Cannabis NewsMarch 28, 2023

The University of Utah will soon be home to a medical cannabis research center. The University of Utah recently confirmed that it’s starting the early planning phases to build a Center for Medical Cannabis Research. House Bill 230, which was passed by the House and the Senate, was signed by Utah Gov

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