Jushi Holdings Inc. (CSE:JUSH) (OTCQB:JUSHF) priced its overnight marketed offering of a total of 6.5 million subordinate voting shares at a price of CA$10 per share, for total gross proceeds of CA$65 million (US$51 million).
NBA legend
Isiah Thomas has invested $3 million into hemp and cannabis ingredient producer
One World Pharma Inc. (OTCQB:OWPC). The former Detroit Pistons player-turned-entrepreneur, who was named CEO of One World Pharma last June, invested through his holding company, Isiah International. The funds will allow One World Phara to build a THC and CBD extraction facility in Colombia and subsidize future growth.
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Minnesotans are one step closer toward the legalization of marijuana.
Cannabis reform legislation in the Gopher State is poised to receive its first hearing in the House Commerce Finance and Policy Committee on Wednesday, Feb.17.
House Majority Leader Ryan Winkler filed a bill earlier this month to allow adults 21 and older to buy and possess up to 1.5 ounces of cannabis, Marijuana Moment reports.
The legislation also allows the cultivation of up to eight plants (four could be mature, or have between five or seven blades per leaf).
Speaker Melissa Hortman co-sponsored the bill, which is identical to a legislation Winkler filed last year.
An Aurora dispensary has received Colorado s first recreational marijuana delivery permit, but residents of the state s third-largest city will have to wait a few weeks until they can order weed to their doorsteps.
The state Marijuana Enforcement Division has been open for recreational delivery applications since January 1; it now lists High Country Supply LLC, operating as Aurora dispensary Colorado Harvest Company, as the lone permit holder. Colorado Harvest Company owner Tim Cullen confirms that his dispensary chain s Aurora location at 11002 East Yale Avenue received the permit, and says he may have a bigger announcement tomorrow, February 11, with a special guest that he can t yet name.