Tag: Investing

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Florida MSOs abandon medical marijuana ahead of potential adult-use legalization

Florida’s major cannabis multistate operators have seemingly abandoned the production of CBD and low-THC products which are often favored by patients seeking therapeutic benefits without the psychoactive effects. DocMJ has compiled a full report using the Florida Office of Medical Marijuana Use’s weekly data, which can be found here, to …

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Decibel Cannabis acquires AgMedica, plans private placement

Canadian licensed producer Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) said Monday that it acquired AgMedica Bioscience Ltd. for a C$6.3 million unsecured convertible debenture. The transaction adds AgMedica’s EU GMP and IMC-GAP certified annual flower production capacity of 5.1 metric tons per annum, bringing Decibel’s total exportable flower …