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Hexo cuts 200 jobs including executives after revenue warnings, shares tumble
Canadian cannabis producer Hexo Corp (HEXO) said yesterday it cut 200 jobs, including executive positions, as it controls costs amid slower than expected store rollouts and as the government delays approval for cannabis derivative products. Read on »
 

Canada's CannTrust Holdings to temporarily cut back workforce
CannTrust Holdings Inc (CTST) will temporarily cut its workforce by about a quarter, or roughly 140 people, the company said yesterday, seeking to recoup losses after Health Canada suspended its license to grow and sell cannabis. Read on »
 

Acreage Holdings and GreenAcreage Announce $70+ Million Sale-Leaseback Transactions
Acreage Holdings, Inc. (ACRG.U) and GreenAcreage Real Estate Corp. today announced the closing of a series of sale-and-leaseback transactions for the sale of certain properties and facilities. GreenAcreage’s total investment in the properties will be approximately $77.3M, with $72.3M specifically allocated to Acreage Holdings. Read on »
 

CBD Company Announces Groundbreaking Partnership With Gillette Stadium And Patriot Place
Abacus Health (ABCS), the Rhode-Island based developers of the CBDMEDIC brand, will announce a partnership today with Gillette Stadium and its adjacent venue Patriot Place, a real estate complex owned by the Kraft Group in Foxborough, Massachusetts. Read on »
 

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 Community News 

  • HEXO Raises $70 Million through Private Placement Convertible Note Link>>

  • Cannabis firms are hopping on the non-alcoholic beer wagon Link>>

  • Bernie Sanders Shares Plan to Legalize Cannabis Link>>

  • Is it safe and legal to travel with CBD? That's a definite maybe Link>>

  • Gibraltar expands medical cannabis market beyond just CBD Link>>

  • Chuck Schumer Urges FDA To Quickly Issue CBD Rules Link>>

  • College Students Sue Schools for Denying Medical Cannabis Use Link>>

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