Tobacco giant ups stake in cannabis firm Organigram with CA$124.6M investment

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November 6, 2023

British American Tobacco is increasing its investment in Canadian cannabis producer Organigram by 124.6 million Canadian dollars. British American Tobacco is increasing its investment in Canadian cannabis producer Organigram by 124.6 million Canadian dollars. Read More

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Cannabis Control Board approves settlement agreements previously stopping dispensaries from opening
by News 12 - Brooklyn on November 28, 2023
The CAURD program is the first-of-its-kind in the United States and allows people who were incarcerated on marijuana charges to be the first to make cannabis sales.
Settlement in cannabis lawsuit could bring new legal dispensaries
by Bobby Cuza on November 28, 2023
Cannabis growers have been financially devastated.
‘Can I buy marijuana online?’ and more legal weed questions answered
by News 5 Cleveland WEWS on November 27, 2023
Since the law to legalize recreational marijuana passed, News 5 viewers have been asking what this means. Ohio Statehouse reporter Morgan Trau breaks it down with the help of some legal experts.
Plans for Cannabis Dispensary Light Up Newark Planning Board
by Matt Kadosh on November 27, 2023
Newarks Central Planning Board approved City Leaf Corporation’s application to use the 1,000-square-foot space at 519-523 Broadway for cannabis dispensing.
Settlement agreement ratified by Alabama Medical Cannabis Commission
by Yellowhammer News on November 27, 2023
On Monday, the Alabama Medical Cannabis Commission (AMCC) voted in favor of a settlement to a number of lawsuits that were blocking the Commission moving forward on licensing in the state due to a court order. Rex Vaughn is the Chairman of the AMCC. He said Monday the AMCC staff and attorneys have produced a
More New York marijuana dispensaries should be able to open after settlement with veterans
by Gothamist on November 27, 2023
A judge must still sign off on settlements with groups objecting to the license program that prioritized people with past marijuana convictions and their families.
State cannabis regulators vote to settle lawsuit that blocked dispensaries from opening
by Gino Fanelli on November 27, 2023
Pending the approval of a State Supreme Court judge, the settlement would once again allow recreational cannabis dispensaries to open in New York.
N.Y. Cannabis Board Settles Suits, Paving Way for Dispensaries to Open
by Ashley Southall on November 27, 2023
Regulators agreed to a settlement that would save 436 retailers from losing their licenses.
Voluntary recall of some weed products due to possible fungal contamination
by KVOA on November 27, 2023
TUCSON, Ariz. (KVOA) — The Arizona Department of Health and Human Services has announced a recall of a batch of marijuana due to a possible fungal contamination.
Council renews four Mitchell medical marijuana dispensary licenses, leaving one available in January
by Sam Fosness on November 27, 2023
City Attorney Justin Johnson asked the council to begin considering whether it will enforce the regulation requiring a dispensary license holder to make a sale within six months to keep it active.
NYS Cannabis Control Board approves settlement to resume CAURD program, awaits court approval
by WRGB on November 27, 2023
The New York State Cannabis Control Board voted to approve an agreement that would allow CAURD licensees to proceed with their applications and open stores.
You can home brew in N.J. Ask your lawmaker why can't we grow weed at home
by Star-Ledger Guest Columnist on November 27, 2023
If cannabis is legal to purchase, it should be legal to grow, home cultivation is crucial for patient access.
Joint interest litigant wants 3rd pot shop spot
by Mountain Democrat on November 27, 2023
A business partnership that had plans to open a marijuana dispensary in Placerville went up in smoke when its application to open was not approved by the city's selection process
Marijuana dispensary damaged in fire on River Street
by Johnathan Hogan on November 27, 2023
The Exhibit Dispensary & Lounge suffered significant smoke damage in a fire Sunday morning
Lucid Green Announces Enterprise Supply Chain Partnership with Planet 13
by PRNewswire on November 27, 2023
/PRNewswire/ -- Lucid Green, the intelligent UPC platform transforming the cannabis supply chain, today announced a new partnership with Planet 13 Holdings Inc....
NY votes to settle cannabis lawsuit, clearing the way for more dispensary openings
by Buffalo News on November 27, 2023
The Office of Cannabis Management's Cannabis Control Board on Monday voted to approve a resolution to settle a lawsuit brought by service-disabled military veterans and a coalition of medical cannabis dispensaries referred to as ROs, who say they were improperly kept from obtaining dispensary licenses.
Here's how much Illinois and Michigan have made in marijuana sales recently
by Jon Webb on November 27, 2023
All of Indiana's neighbors have now legalized marijuana in some form. Here's how much Illinois and Michigan made in cannabis sales recently.
Despite legalization, cannabis can still have legal impact for immigrants who aren’t U.S. citizens
by Sarah Thamer on November 27, 2023
On Aug. 1, Minnesota became the 23rd state in the country to legalize cannabis for recreational use. But cannabis continues to be a Schedule 1 drug under federal law, which could have consequences for non U.S. citizens.
NJ group uses mandatory LGBT curriculum law to teach activists' view
by New Jersey 101.5 on November 27, 2023
Princeton Middle School is having a nonprofit group called HiTOPS teach LGBT history and skills for allyship, which is tied to the social justice movement.
Demystifying Cannabis Edibles: A Guide for Consumers
by Gian Lombardi on November 26, 2023
In this edition of "Beyond the Buzz," the Molly Ann Farms recreational cannabis dispensary in Haledon, NJ turns our focus to a popular and growing segment of the cannabis market: edibles. Cannabis...

Number of the Week: 24%
by Staff on November 28, 2023 at 5:05 am
24% – How much shelf space in Missouri is taken up by edibles and drinks Missouri’s cannabis market has exceeded expectations in 2023, with its strong adult-use launch yielding greater variety on shelf than seen in other new markets. Edibles and drinks, in particular, have proliferated the market, accounting for nearly a quarter of all The post Number of the Week: 24% appeared first on Green Market Report.
Germany Lurches Forward on Cannabis Program Expansion
by Debra Borchardt on November 28, 2023 at 5:01 am
Canadian companies stand to gain the most from Germany's easing of restrictions. The post Germany Lurches Forward on Cannabis Program Expansion appeared first on Green Market Report.
The Daily Hit: November 27, 2023
by Staff on November 27, 2023 at 11:30 pm
The Daily Hit is a recap of the top financial news stories for Nov. 27, 2023. On the Site Cronos Sells Peace Naturals Campus for C$23 Million Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is selling its Peace Naturals Campus to Future Farmco Canada Inc. for C$23 million in cash. However, Cronos won’t be leaving The post The Daily Hit: November 27, 2023 appeared first on Green Market Report.
22nd Century Group to Sell Hemp Business to SPAC
by Adam Jackson on November 27, 2023 at 11:02 pm
Specialty Acquisition Corp. already has connections to GVB's current employees. The post 22nd Century Group to Sell Hemp Business to SPAC appeared first on Green Market Report.
Arkansas October Cannabis Sales Up in Volume, Down in Revenue
by Adam Jackson on November 27, 2023 at 5:50 pm
Arkansas' medical industry sold more for less. The post Arkansas October Cannabis Sales Up in Volume, Down in Revenue appeared first on Green Market Report.
New Cannabis Research: Intercanopy Lighting Produces 20% Yield Surge and 27% Larger Buds
on November 27, 2023 at 4:50 pm
A study from StateHouse Holdings, the Cannabis Research Coalition and others details the results of using intercanopy lighting in controlled environment cannabis cultivation.
Seelos Therapeutics Ketamine Drug Joins Defense Department PTSD Trial
by Adam Jackson on November 27, 2023 at 4:28 pm
Positive study results could prompt Seelos to seek FDA approval for its drug. The post Seelos Therapeutics Ketamine Drug Joins Defense Department PTSD Trial appeared first on Green Market Report.
Cronos Sells Peace Naturals Campus For C$23 Million
by Debra Borchardt on November 27, 2023 at 1:47 pm
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is selling its Peace Naturals Campus to Future Farmco Canada Inc. for C$23 million in cash. However, Cronos won’t be leaving the property, instead, it will lease part of the campus to continue its operations. Future Farmco is a vertical farming company. “The sale-leaseback of the Peace Naturals The post Cronos Sells Peace Naturals Campus For C$23 Million appeared first on Green Market Report.
Beckley Waves Has Big Plans For 2024
by Video Staff on November 27, 2023 at 12:30 pm
Green Market Report had a chance to sit down with Rock Feilding-Mellen to discuss the recent capital raise by Beckley Waves. The company is focused on building its academy to help train therapists in psychedelic drug treatments. The company believes that when MDMA is approved for MAPS, there will be a huge need for these The post Beckley Waves Has Big Plans For 2024 appeared first on Green Market Report.
These Companies Will Score in Future Adult-Use Markets
by Debra Borchardt on November 27, 2023 at 11:46 am
The cannabis industry has proven over time that planting a flag in a new adult-use state pays off handsomely. For MSOs that chose wisely, New Jersey helped boost top-line sales in 2022 and this year it was the companies that staked a claim in Maryland. The pent-up demand in those states along with sales from The post These Companies Will Score in Future Adult-Use Markets appeared first on Green Market Report.
U.S. Virgin Islands Calls for People with Cannabis Convictions To Reach Out for Expungements
by Nicole Potter on November 27, 2023 at 11:00 am
The territory is finally moving forward with expungement efforts. The post U.S. Virgin Islands Calls for People with Cannabis Convictions To Reach Out for Expungements appeared first on High Times.
Concerned Neighbors Complain About Ducks Working on Vermont Cannabis Farm
by Patrick Maravelias on November 27, 2023 at 11:00 am
There is reportedly a small but notable kerfuffle taking place in a small Vermont town surrounding one man, his weed farm, and over two dozen ducks being used to fertilize the plants. The post Concerned Neighbors Complain About Ducks Working on Vermont Cannabis Farm appeared first on High Times.
St. Louis Fails To Collect $500,000 in Pot Taxes
by A.J. Herrington on November 27, 2023 at 11:00 am
A bureaucratic error at St. Louis City Hall has caused a delay in the collection of a new cannabis sales tax leading to a loss of an estimated $500,000 in revenue. The post St. Louis Fails To Collect $500,000 in Pot Taxes appeared first on High Times.
U.S. Military Veterans Are Going to Mexico for Psychedelic Treatment
by Thomas Edward on November 27, 2023 at 11:00 am
Unable to receive the mental health treatment they desire in their own country, military veterans in the United States are heading south of the border to get what they need. The post U.S. Military Veterans Are Going to Mexico for Psychedelic Treatment appeared first on High Times.
Green Market Report Midwest Women in Cannabis Awards: S.L. Owens
by Adam Jackson on November 27, 2023 at 5:01 am
Her approach draws on historical parallels with other regulated industries. The post Green Market Report Midwest Women in Cannabis Awards: S.L. Owens appeared first on Green Market Report.
Swedish Researchers Study Effects of LSD, Ketamine on Rats
by Thomas Edward on November 24, 2023 at 11:00 am
Scientists are trying to get to the bottom of the origin of consciousness via trippy rats. The post Swedish Researchers Study Effects of LSD, Ketamine on Rats appeared first on High Times.
Napoleon Bonaparte Banned Cannabis Because His Soldiers Were Getting Too High
by Tim Brinkhof on November 23, 2023 at 11:00 am
Ridley Scott’s new film contains many historical inaccuracies to spice up the conqueror’s life, none of them wilder than hard fact. The post Napoleon Bonaparte Banned Cannabis Because His Soldiers Were Getting Too High appeared first on High Times.
Federal Government Continues to Withhold Key Cannabis Scheduling Recommendation Letter Despite FOIA Requests, Lawsuit
on November 22, 2023 at 3:30 pm
After nearly three months and multiple Freedom of Information Act requests, the U.S. Department of Health and Human Services still has not publicly confirmed that it recommended cannabis be reclassified as a Schedule III controlled substance. One attorney who filed a lawsuit to obtain the letter calls the situation "asinine" and "profoundly disappointing."
Flying With Cannabis These Holidays? TSA Agents Aren’t Actively Searching Out Your Stash
on November 22, 2023 at 12:20 pm
While traveling across state lines with cannabis remains federally illegal, doing so doesn’t pose a “security threat” in airports.
University Of Minnesota Launches Cannabis Research Center
by A.J. Herrington on November 22, 2023 at 11:00 am
The University of Minnesota last week launched the state’s Cannabis Research Center, a new institution dedicated to studying the effects of marijuana. The post University Of Minnesota Launches Cannabis Research Center appeared first on High Times.
Dispensaries Donate Thousands of Free Turkeys for Thanksgiving
by Benjamin M. Adams on November 22, 2023 at 11:00 am
Today, head on down to one of several dispensaries for your free turkey if you can’t get your own this year. The post Dispensaries Donate Thousands of Free Turkeys for Thanksgiving appeared first on High Times.
Sarasota Moves To Make Cannabis Possession Criminal Again After Few Pay Civil Fines
by Sophie Saint Thomas on November 22, 2023 at 11:00 am
The government can always make things worse. The post Sarasota Moves To Make Cannabis Possession Criminal Again After Few Pay Civil Fines appeared first on High Times.
Texas Woman Receives Lifetime Ban for Bringing CBD Sleep Gummies on Carnival Cruise Line
by Nicole Potter on November 22, 2023 at 11:00 am
The gummies were intended to help her sleep while cruising, but cruise lines follow federal regulations that prohibit cannabis and CBD products of any kind. The post Texas Woman Receives Lifetime Ban for Bringing CBD Sleep Gummies on Carnival Cruise Line appeared first on High Times.
As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry
on November 22, 2023 at 10:30 am
The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies.
State Testing Reveals 42% of Maine’s Medical Cannabis Samples Contain At Least 1 Contaminant
on November 21, 2023 at 3:32 pm
While testing is voluntary in the state’s medical cannabis program, audit testing shows that 50 of 120 samples contained at least one contaminant that would have resulted in a failed test according to mandatory testing standards in Maine’s adult-use market.

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Airline employee held at Tripura airport in cannabis smuggling case
by The Indian Express on November 28, 2023
A team of police personnel from the Airport police station conducted the search during which they found a bag containing 20 kilograms of cannabis.
Almost €1m worth of cannabis seized in Dublin and Cavan
by Press Association on November 28, 2023
Searches were carried out in the past few days and led to two arrests.
Germany Lurches Forward on Cannabis Program Expansion
by Green Market Report on November 28, 2023
It isn’t the program that many had hoped for, however many are cheering the latest development in Germany’s adult-use cannabis legalization.
Cannabis lounges could soon be coming to Detroit
by Kelly Vaughen on November 28, 2023
Cannabis lounges could soon be coming to Detroit. The city issued its first business licenses for marijuana consumption lounges.
3 Marijuana Penny Stocks to Buy Before the Cannabis Crazes Ignites Again
by Ian Cooper on November 28, 2023
An end to federal prohibition may be in reach, which could be a solid catalyst for marijuana penny stocks.
Ala. Medical Cannabis Commission starts business license presentations
by Erin Davis on November 28, 2023
Presentations started Monday from companies that want to do business in Alabama’s budding medical cannabis industry.
NY Cannabis Control Board approves settlement agreement, pushing possibility for cannabis storefronts to open
by Longview News-Journal on November 28, 2023
Part of the lawsuit alleged that the Office of Cannabis Management precluded veterans access to some adult-use retail dispensary licenses.
22nd Century Group To Sell Hemp/Cannabis Franchise
by Nasdaq on November 28, 2023
(RTTNews) - 22nd Century Group Inc. (XXII) said it has reached an agreement to sell substantially all of its GVB Biopharma or "GVB" hemp/cannabis operations to Specialty Acquisition Corporation, a Nevada corporation, an entity affiliated with current GVB employees.

Tobacco giant ups stake in cannabis firm Organigram with CA$124.6M investment

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