Category Archives: Cannabis Industry News

Cannabis Industry News

Cresco Labs to Transform the Medical Marijuana Industry in Ohio

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WINTERSVILLE, Ohio–(BUSINESS WIRE)–Cresco Labs (CSE:CL), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has been granted the first approval to operate a marijuana dispensary in the state of Ohio. The new facility located in the village of Wintersville, named CY+ (pronounced “see why plus”), will offer […]

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 in Aphria Inc. to Contact the Firm

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NEW YORK–(BUSINESS WIRE)–Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Aphria Inc. (“Aphria” or the “Company”) (NYSE:APHA) of the February 4, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Aphria stock or […]

Halo Labs Announces Strategic Partnership in Lesotho Africa

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TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO:HALO, OTC:AGEEF) is pleased to announce it has signed a letter of intent to enter into a partnership with Bophelo Bioscience and Wellness Pty Ltd (“Bophelo Bioscience”), a Lesotho based cannabis company. Halo will provide management services and expertise to build, design and operate cGAP cultivation and […]

DCM Appoints Kyle Lui and Ray Zhao as its Newest Partners

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SAN FRANCISCO–(BUSINESS WIRE)–Today DCM, an early stage global venture capital firm, announced it promoted Kyle Lui in the U.S. and Ray Zhao in China, to Partner. With these new additions, DCM now has seven partners across its three geographic locations in China, the U.S., and Japan. Before joining DCM in 2014, Lui was co-founder and […]

Cresco Labs Co-founder and CEO Charles Bachtell Appointed to Cannabis Legalization Subcommittee of Illinois Governor-elect JB Pritzker’s Transition Team

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CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that Charles Bachtell, Co-founder and CEO of Cresco Labs, has been appointed to the Cannabis Legalization Subcommittee of Illinois Governor-elect JB Pritzker’s transition team. Cannabis Legalization is one of four subcommittees under the […]

Libertex Trading Platform Adds 5 CFDs on Cannabis Stocks

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LIMASSOL, Cyprus–(BUSINESS WIRE)–Libertex has added five new contracts for difference (CFDs) to its trading platform. Starting from December 11th, 2018, traders using our cross-channel platform will be able to trade with the five hottest instruments, which represent the world’s most popular companies operating in the growing sphere of marijuana production and processing. CFDs on the […]

Zero Gravity Solutions, Inc. Announces the Introduction of BAM-FX, its Proprietary Agricultural Product, to the Rapidly Growing Legal Hemp and Cannabis Market Segments

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BOCA RATON, Fla.–(BUSINESS WIRE)–Zero Gravity Solutions, Inc. (“ZGSI” or the “Company”) (Pink Sheets: ZGSI), an agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications for agriculture on Earth, has announced that its new subsidiary, Specialty Agricultural Solutions, Inc., is introducing the Company’s proprietary agricultural product, BAM-FX, to the […]

Have a Heart Acquires Leading Cannabis Brokerage Company

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SEATTLE–(BUSINESS WIRE)–Cannabis retailer Have a Heart today announced its acquisition of CannaMLS, a leading cannabis brokerage company, for an undisclosed amount. The deal comes at a time when acquisitions are sweeping the cannabis sector, as increasing legalization draws the attention of big business. “The cannabis sector has seen incredible growth, reaching $10 billion this year […]

Robbins Arroyo LLP: Aphria, Inc. (APHA) Misled Shareholders According to Class Action

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SAN DIEGO & LEAMINGTON, Ontario–(BUSINESS WIRE)–Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Aphria, Inc. (NYSE: APHA) filed a class action complaint against the company’s officers and directors for alleged violations of the Securities Exchange Act of 1934 between July 17, 2018 and December 4, 2018. Aphria produces and sells medical cannabis. […]

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of India Globalization Capital, Inc. Investors

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BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased India Globalization Capital, Inc. (“India Globalization” or the “Company”) (OTC: IGC, IGCC) securities between October 25, 2017 and October 29, 2018, inclusive (the “Class Period”). India Globalization investors have until January 2, 2019 to […]