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BevCanna Closes Acquisition of Solventless Cannabis Extraction and Delivery Technology Provider Embark Health Inc.

Cannabis Law Report

(CSE:BEV, Q:BVNNF , FSE:7BC) (“BevCanna” or the “Company”) announces today the closing of its acquisition of solventless cannabis extraction and delivery technology provider Embark Health Inc. 1 This acquisition brings BevCanna to over $100 million in unaudited assets on the balance sheet and $2.9 million in long-term liabilities.”.

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Jushi Holdings Brings Colin Hanks’ Hanks Kerchiefs’ Line to Select BEYOND / HELLO Retail Stores

SpeedWeed

The new decree also allows manufacturers to produce goods such as oils, extracts, textiles or food containing “non-psychoactive cannabis”—so long as they are limited to biomass containing less than 1% of THC. The Ministry of Justice will continue to be responsible for issuing licenses for seeds for the cultivation of cannabis plants.

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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.

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UK: Assoc For The Cannabinoid Industry Founder Says UK World’s Biggest Market After The US

Cannabis Law Report

Cannabidiol or CBD, which is most commonly sold as oil at high street retailers, is one of the active ingredients of non-psychoactive cannabis. Such products will generate sales of £690 million ($856 million, 811 million euros) in 2021, according to the Association for the Cannabinoid Industry (ACI).

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Hemp-CBD Across State Lines: Florida

Canna Law Blog

A smaller but growing number of states also regulate the sale of products derived from hemp. SB 1020 provides for the creation of a plan for regulating the cultivation of hemp, pursuant to the 2018 Farm Bill, and legalizes the retail sales of hemp extract. This week we head south to Florida. percent on a dry-weight basis.

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Heritage Cannabis Enters Exclusive Partnership to Commercialize Avicanna’s Evidence-Based Topical Products through Heritage’s Medical Opticann Brands

Cannabis Law Report

Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. Exclusive licensing of certain of Avicanna’s advanced and evidence-based CBD topical products including its deep tissue and skin care formulations. TORONTO–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp.

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Schwazze Purchases 34-acre Cannabis Grow in Colorado for $11.3 million

Veriheal

In addition to this, Schwazze’s acquisition of SCG will position the company to produce biomass for its cannabis extraction and manufacturing facility, PurpleBee’s. ” The acquisition’s closing is contingent on transaction-related conditions, such as local licensing and permit approvals. .”