Canadian cannabis edibles maker Indiva Limited (TSX: NDVA) has launched a review to weigh potential moves aimed at “maximizing shareholder value,” as the company continues to deal with a tight field and a burdensome debt load. The London, Ontario-based company said Monday that it has tapped a financial advisor to help …
Can Canopy Growth USA give Acreage Holdings a glow up?
The leadership of Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) put its foot in its proverbial mouth a bit this week by celebrating its about-to-close ownership of New York-based Acreage Holdings Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) as part of its plan to get back into the black. Just …
California officials warn Jones Soda’s hemp-based THC beverages ‘unsafe’
The Jones Soda Co. (CSE: JSDA) (OTC: JSDA) is facing the potential loss of a major market revenue stream following news on Thursday that California health authorities have issued a formal advisory to consumers, warning them that the hemp-infused line of Mary Jones drinks is “unsafe” and contains illegal THC …
Massachusetts town pays nearly $800,0000 to settle cannabis fee lawsuits
The city of Pittsfield, Massachusetts, agreed to pay $786,625 to settle lawsuits brought by three cannabis retailers over community impact fees. The settlements with Temescal Wellness, Berkshire Roots, and Bloom Brothers were approved by the Pittsfield City Council in a 10-1 vote, according to the Berkshire Eagle. Under the deals, …