Category: Cannabis

Pressure BioSciences’ PCT Platform Prominently Featured in Record Number of Presentations at Major International Science Conference

CanadianInvestor
Pressure BioSciences’ PCT Platform Prominently Featured in Record Number of Presentations at Major International Science Conference
Scientists from Leading Laboratories in Europe, Asia, Oceania, and North America Highlight the Critical Importance of PBI’s Patented PCT System in Cancer and Other Priority Research Areas Pressure BioSciences, Inc. (“PBI” or the “Company”), a leader in the development and sale of broadly enabling, pressure-base instruments, consumables, and platform technology solutions to the worldwide life sciences industry, today... Read More

Tilray shares jump on deal with biggest shareholder

CanadianInvestor
Tilray shares jump on deal with biggest shareholder
NANAIMO, B.C. — Tilray Inc.’s stock soared after it signed a deal to merge with its largest shareholder while also putting limits on the release of resulting new shares in the Canadian cannabis company for two years. Under the agreement, U.S. private equity firm Privateer Holdings Inc. will become a subsidiary of the Canadian cannabis company. However, new Tilray shares distributed as a result of the... Read More

Green Growth plans 70 new CBD shops in Brookfield Properties’ malls

CanadianInvestor
Green Growth plans 70 new CBD shops in Brookfield Properties’ malls
COLUMBUS, Ohio — Green Growth Brands Inc. has signed a deal to open more than 70 new CBD stores at Brookfield Properties’ shopping centres throughout the United States. The Ohio-based cannabis company says these stores will sell CBD-infused personal care products under its existing Seventh Sense banner and under a new brand called Green Lily. The chief executive of Brookfield... Read More

Tilray signs deal to limit how its biggest shareholder may sell its stake

CanadianInvestor
Tilray signs deal to limit how its biggest shareholder may sell its stake
NANAIMO, B.C. — Tilray Inc. has signed a deal that puts limits on how and when its largest shareholder may sell its stake in the cannabis company. Privateer Holdings Inc., one of the company’s early investors, holds 75 million Tilray shares, roughly a 77 per cent stake in the Canadian company. Under the agreement, Tilray will acquire Privateer and its stake in the... Read More

Canadian edibles, topicals market worth $2.7B; ramp up over 3-5 years: Deloitte

CanadianInvestor
Canadian edibles, topicals market worth $2.7B; ramp up over 3-5 years: Deloitte
TORONTO — The Canadian market for next-generation cannabis products is worth an estimated $2.7 billion annually, with edibles contributing more than half, according to a new report from Deloitte. This spending once the final edible pot regulations roll out in the coming months is expected to be on top of the roughly $6-billion estimated domestic market for recreational and medical cannabis, the consultancy said Monday. Consumers are looking... Read More

Authorities raid 247 Colorado homes growing black market pot

CanadianInvestor
Authorities raid 247 Colorado homes growing black market pot
DENVER — Authorities said Friday they raided hundreds of black market marijuana operations in Colorado that flouted the state’s cannabis law by growing tens of thousands of plants in Denver-area homes and selling it out of state. Investigators seized more than 80,000 plants and 4,500 pounds (2,040 kilograms) of harvested marijuana, state and federal prosecutors said at a news conference.... Read More

Pot backers ask Maine to put locals, small businesses first

CanadianInvestor
Pot backers ask Maine to put locals, small businesses first
PORTLAND, Maine — Marijuana enthusiasts in Maine used a public hearing Thursday to implore the state to protect the small businesses and growers they think should make up the backbone of its budding cannabis industry. The Maine Office of Marijuana Policy held the public hearing about the state’s draft marijuana rules, which are nearing approval after years of delay. State... Read More

Canopy Growth to acquire skin-care company This Works for $73.8 million

CanadianInvestor
Canopy Growth to acquire skin-care company This Works for $73.8 million
SMITHS FALLS, Ont. — Canopy Growth Corp. has signed a deal to buy skin-care company This Works for $73.8 million in cash. The Ontario-based cannabis company says This Works will be part of its entry into the natural wellness industry and boost its international presence. Based in London, This Works offers a range of natural skin-care and sleep products. CBD,... Read More

CBD-Infused Beverages Achieve Quality and Clarity Breakthrough Utilizing Pressure BioSciences’ Ultra Shear Technology Platform

CanadianInvestor
CBD-Infused Beverages Achieve Quality and Clarity Breakthrough Utilizing Pressure BioSciences’ Ultra Shear Technology Platform
New Video Demonstrates Revolution in Soft Drinks, Sports Drinks, and Beer with Vanishing Water-Soluble CBD Oil for Enhanced Quality and Absorption Pressure BioSciences, Inc. , a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the life sciences and other industries, today released a new, short video demonstrating the ability of... Read More