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Japan: To ease excessive restrictions on cannabis growers Ministry of Health, Labor and Welfare notifies prefectures in September

Japan: To ease excessive restrictions on cannabis growers Ministry of Health, Labor and Welfare notifies prefectures in September

by InfluencER | Aug 30, 2021 | Politics and Law

Tokyo Web reports the Ministry of Health, Labor and Welfare has decided to issue a notification to prefectures in mid-September to ease regulations beyond rational guidance regarding industrial cannabis, which is being cultivated. At the same time, from October, a...
SOL Global Jumps Into Michigan Cannabis Market with $20 Million Investment

SOL Global Jumps Into Michigan Cannabis Market with $20 Million Investment

by InfluencER | Aug 30, 2021 | Investors

SOL Global Investments Corp. announced that it has completed an investment in Common C Holdings LP, a Michigan-based, Delaware limited partnership that provides support services to state-compliant licensed cannabis operators. SOL Global invested USD$20 million in...
Cannabis in the Bronx: How over-policing and enforcement hurt a borough

Cannabis in the Bronx: How over-policing and enforcement hurt a borough

by InfluencER | Aug 30, 2021 | Politics and Law

If successful, advocates of the state’s Marijuana Regulation and Taxation Act (MRTA) — which forms the regulatory ecosystem for the production and sale of cannabis, creates a new adult-use cannabis program and could provide 30,000-60,000 jobs citywide — believe it can...
South  Africa’s 1st cannabis business plots course for IPO within year

South Africa’s 1st cannabis business plots course for IPO within year

by InfluencER | Aug 30, 2021 | Pharma

Cilo Cybin Pharmaceutical Ltd. is considering an initial public offering in the next 12 months after becoming the first South African company to win the right to grow, process, and package cannabis products. The firm, named after the psychoactive substance in magic...
Ascend Wellness Borrows $210 Million at 9.5% for Four Years

Ascend Wellness Borrows $210 Million at 9.5% for Four Years

by InfluencER | Aug 30, 2021 | Investors

Ascend Wellness Holdings, Inc. a leading multi-state, vertically integrated cannabis operator, today announced it has closed on a US$210 million Senior Secured Term Loan (the “Term Loan”) with Seaport Global Securities LLC as lead manager. AWH intends to use the...
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