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Heritage Cannabis Sells Interest In Blockchain-Focused TechFirm To Fuel Its Marijuana Operations
Heritage Cannabis Holdings Corp. CANN HERTF has sold its interest in Stanley Park Digital Ltd., a technology consulting company that focuses on all aspects of blockchain technology, based in Vancouver, BC, for total cash proceeds of approximately CA$608,649...
Heritage Cannabis Set to Initiate U.S. Product Launch Through Relationship With Merida Capital Holdings
Heritage Cannabis Holdings Corp, today announced that it has expanded its relationship with Merida Capital Holdings (“Merida”) to leverage Merida’s strategic portfolio of companies in the sector and rapidly advance the Company’s U.S. product distribution strategy....
How Britain’s Crown Dependencies Plans on Cannabis
Just miles off the coast of the UK, Britain’s crown dependencies smell opportunity in the air. Typically known for their tax-friendly regulation and as an outpost for wealthy entrepreneurs, the Isle of Man, Jersey, and Guernsey have all introduced new legislation...
Trulieve Pays $60 Million for 3 Philadelphia Medical Cannabis Dispensaries
Trulieve Cannabis Corp. (“Trulieve”), a leading and top-performing cannabis company in the United States, today announced that it has entered into a definitive agreement pursuant to which Trulieve has agreed to acquire from Anna Holdings LLC a dispensary license...
Recreational marijuana sales in Illinois smash record in March
Illinois set a record with $109 million in sales of recreational marijuana in March — a huge 35% increase from the previous month. Better weather no doubt played a significant role in the increase over February. But the sales reflect an escalation of the almost...
Jushi Holdings Commences $40 Million Pennsylvania Facility Expansion
Jushi Holdings Inc. (“Jushi” ), a vertically integrated, multi-state cannabis operator, announced the first phase of its previously announced expansion project (the “Expansion Project”) at its Pennsylvania cultivation facility (the “Facility”) located in Scranton, PA....
SAFE Banking Would Be A Game Changer For The Cannabis Industry
As expected, the SAFE Banking Act has officially been reintroduced in Congress. If this passes, banks and financial institutions will be legally allowed to conduct business with state-legal cannabis companies. However, there is one major distinction between this...
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