Colorado Gov. John Hickenlooper is considering releasing 40 inmates convicted of nonviolent cannabis crimes, the Denver Post reports. The pardons would follow 14 commutations by the governor last November. Those pardons, however, applied to have their crimes expunged, while the 40 being considered for release were identified by the administration. “Right now, we have not…

“We have worked closely with Health Canada throughout the process and we are pleased to receive favourable acknowledgement from Health Canada with respect to our ACMPR license application,” said Derek Ivany, President and CEO of PUF Ventures Inc. “We have already initiated the process of preparing this extensive evidence package for the confirmation of readiness;…

Cronos Group (CVE:MJN) had its price target hoisted by analysts at Canaccord Genuity from C$4.15 to C$6.00 in a research note issued to investors on Tuesday. Canaccord Genuity’s target price would suggest a potential downside of 33.92% from the stock’s current price. Shares of Cronos Group (MJN) opened at C$9.08 on Tuesday. Cronos Group has…

VANCOUVER, Feb. 8, 2018 /PRNewswire/ – INVICTUS MD STRATEGIES CORP.’s (“Invictus” or the “Company”) (TSXV: IMH; OTC: IVITF; FRA: 8IS1) Acreage Pharms Ltd. (“Acreage Pharms“) is pleased to announce construction of its Phase 2 facility is nearly complete, putting Acreage Pharms on track for 5,000 kg of cannabis production capacity this month. The timely construction also…

Canadian cannabis companies with operations in the U.S. are breathing a sigh of relief, after Canadian securities regulators decided on Thursday not to take dramatic action against companies with risky assets south of the border. The cannabis industry has been in limbo since Jan. 12 when the Canadian Securities Administrators released a note saying they…

Investors seeking opportunities in the cannabis market may want to turn their attention toward companies offering solutions for a situation that could otherwise slow the industry’s growth. A number of emerging firms are providing or pursuing payment options that can help cannabis companies sidestep the roadblock created by the lack of access to traditional banking…

The Canadian Government recently released its proposal on what the Canadian cannabis licensing system could look like. Cultivation Licenses Standard Cultivation License Under this proposed license the licensee would be permitted to cultivate any variety of cannabis and to produce cannabis seeds, plants, fresh and dried cannabis. Included in the license would be authorization for…