Category : Global

Cannabis News Global

Asia’s Medicinal Cannabis Market Could Be Worth Over $US5.8 Billion by 2024 – Prohibition Partners

CCT IMPACT Agent
LONDON, May 8, 2019 /PRNewswire/ — The Asian medical cannabis market will be worth an estimated US$5.8 billionby 2024, the world’s leading market intelligence and strategic consultancy firm Prohibition Partners has found in its latest report. According to analysis, if legislation is introduced in a number of the continent’s major markets, this estimate could quadruple by 2027.......
Business Global

4Front Strengthens Platform with Acquisitions in Massachusetts and Arizona

creativemind
4Front Holdings, LLC (“4Front”), a leading retail and brand development company in the U.S. cannabis sector, has closed two recent acquisitions that expand its national reach and position it well in Massachusetts’ nascent adult-use market and in Arizona, where voters have a good chance of legalizing cannabis for adult use by ballot initiative......
Business Global

Breaking Ground on Europe’s Largest Hemp Extraction Facility

creativemind
Precision Extraction Solutions (“Precision”), a market leader in cannabis and hemp extraction technology, has been named the exclusive equipment supplier of Canapar S.r.L. (“Canapar”) for the development and outfitting of its flagship extraction facility in Sicily, Italy. On the heels of a $25 million CAD ($20 million USD) round of financing, that included......
Business Global Health Market Watch

Neiman Marcus Debuts High-End Cannabis Beauty Products For Customers

creativemind
Neiman Marcus, the Dallas-based premier luxury retailer, announced today its new customer offering of CBD beauty products. As part of the brand’s Trending Beauty initiative, Neiman Marcus has begun carrying a number of the cannabis industry’s leading CBD brands online and in five stores with products from Sagely Naturals, Cannuka, Cannabliss......
Business Global Market Watch

Isracann Biosciences Inc. announces letter of intent for up to $15 million in funding to develop cannabis facilities servicing major under supplied markets

creativemind
VANCOUVER, Jan. 8, 2019 – Isracann Biosciences Inc. (Isracann), an Israeli-based cannabis firm, announced today it has completed a letter of intent for up to $15 million in funding to break ground on outdoor greenhouses for cannabis cultivation as the company plans to become the world’s foremost cannabis producer specializing in low-cost, superior quality cannabis. As......
Business Global Market Watch

Wayland Group Enters UK Cannabis Market with Theros Pharma Acquisition

Editor
Wayland Group (CSE:WAYL) (OTCQB:MRRCF) has announced this morning that their company has entered into an agreement to acquire 51% of UK company Theros Pharma Ltd. The Wayland Group is a Canadian based company that currently owns assets involved in the cultivation and processing of cannabis in Canada, Germany, and Colombia. This......
Business Global Market Watch

Harvest One Acquires Israeli Company Phytotech Therapeutics

Editor
Harvest One Cannabis Inc. (TSXV:HVT) has announced this morning that their company has completed the 100% acquisition of Israeli company, Phytotech Therapeutics Ltd., from Australian company, MMJ Group Holdings Ltd. Under the terms of the agreement Harvest One will pay C$1,000,000 million dollars in cash and 8,326,694of their company’s common......
Business Global Market Watch

Columbia Care Receives Licenses from Maltese Government

Editor
Columbia Care LLC. has announced this morning that the company has gain approval from Malta Enterprises, the regulatory economic development agency in the country, to receive licenses within the country to import, export, cultivate, process, and distribute medicinal cannabis. The company’s branded product lines such as ClaraCeed™, TheraCeed™ and EleCeed™......
Business CCT Impact Global Market Watch

Green Growth Brands Debuts on CSE Under Symbol “GGB”

Editor
Green Growth Brands has announced this morning that their company has debuted on the Canadian Securities Exchange (CSE) under the ticker symbol “GGB.” The company is financially backed by the Schottenstein family and ran by Peter Horvath. The company is currently trading around $4.00 per share. Mr. Horvath is responsible for......
Business Global Market Watch

Aphria Inc. Announces Possible Acquisition of German Pharma Distributor CC Pharma

Editor
Aphria Inc.(TSX: APHA) (NYSE: APHA) has announced this morning that the company plans to invest a total of C$72 million dollars into their German acquisition target CC Pharma GmbH (“CC Pharma”). If the proper regulatory bodies accept the terms of the acquisition, then Aphria Inc. will gain a pharmaceutical distribution......