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Canada Could See a Shortage of Legal Cannabis

Getty It’s been a little over a year since Canadian Prime Minister Justin Trudeau announced his plan to legalize the recreational use of cannabis nationwide. Now, they have unveiled legislation that would do so, but they are running into another potential problem – a shortage of cannabis to sell. With the growing medical marijuana industry – and the rapid growth of the patient base in the last year since the announcement about legalizing recreational marijuana – the limited suppliers are having a hard time keeping up. This could end up being a big problem for the country who hopes...

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New Poll Finds Most Americans Want Legal Marijuana Left Alone

Getty A new survey commissioned by the cannabis law reform advocacy organization Marijuana Majority and conducted by Survey USA shows that a clear majority of Americans support letting states decide their own marijuana policies, free from federal government interference. Some 76% of respondents said they want to see states that pass marijuana law reform measures left alone by the feds, while only 14% think the Trump Administration should intervene. These are numbers that are sure to be quite surprising to Attorney General Jeff Sessions. That large majority holds up across all races, age groups and party affiliations, including those...

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ICCI Offers Warning To European CBD Consumers

Image Courtesy of Bill Griffin Oils with a high CBD (cannabidiol) content have enjoyed a rise in popularity in the European market lately. As long as the THC content is no higher than 0.2% in most (but sadly, not all) European member states, CBD oil is perfectly legal. Consumers are more aware of the medicinal properties of CBD and its non-psychotropic effect when ingested or inhaled. This surge in awareness and demand has created a large – and unregulated – industry. Thanks to Europe’s free market, consumers are able to buy from another EU state with ease. In Prague,...

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Tinley Releases “Tinley Tonics” Hemp Extract Squeeze Supplement

SHARE THIS POST June 21, 2017: Santa Monica, California and Toronto, Ontario – The Tinley Beverage Company Inc. (the “Company” or “Tinley“) is pleased to announce the launch of its creamy chocolate squeeze supplement. The product contains 55 10mg servings of phytoconstituent-rich hemp extract, coconut-derived MCT oil, lactose-reduced whey protein, premium raw cacao as well as terpenes that are commonly found in whole-plant hemp extract. It is designed to be eaten on its own or mixed with coffee, smoothies, desserts and anything else that could be enjoyed with a chocolate twist. The squeeze supplement is also designed to be...

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Viridian Capital Advisors Releases Capital Market Data for Week Ended June 16, 2017 and Year-to-Date

SHARE THIS POST June 24, 2017 – Viridian Capital Advisors released its weekly deal tracker for the week ended June 16, 2017. Here are the key takeaways: Week’s Announcements Capital Raises: 9 M&A Transactions: 6 Going Public Transactions: 1 Joint Ventures: 1 Year-to-Date Activity Total Raised: $1,238 million Total Deals (#): 178 Total Raised ($) by Public Companies: $932 million Total Deals (#) by Public Companies: 111 Total Raised ($) by Private Companies: $306 million Total Deals (#) by Private Companies: 67 Total Raised Equity ($): $1,061.9 million Total Deals (#) Equity (Public & Private): 139 Implied Average Equity...

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