Phoenix-based 4Front Ventures Corp. (CSE: FFNT) (OTCQB: FFNTF) is making strategic moves to better position itself financially, the company announced on Thursday. The steps included retaining Canaccord Genuity Corp. as a financial advisor and also taking out a new $850,000 loan to help pay for ongoing operations. In its most …
Kentucky has given out its first medical marijuana business license, to KCA Labs in the town of Nicholasville, just south of Lexington. KCA Labs already tests hemp and other types of natural goods, Gov. Andy Beshear said during a press conference, WLKY reported, “I love that the first license is …
The former chief executive officer and chief financial officer of WM Technology (Nasdaq: MAPS), the parent company of popular cannabis dispensary finder site Weedmaps, each agreed to pay $175,000 in fines to settle allegations that the company issued “misleading” user number metrics while they ran the business, essentially lying to …
Earlier this week, new emergency rules went into effect in California that effectively banned a slew of consumable hemp-based goods. A lawsuit from prominent industry players quickly followed. But they’re far from the only ones speaking out against new limitations on products that many contend were legalized by the 2018 …