Category: Breaking News

Constellation Brands finance head David Klein will take over in January as chief executive officer of pot producer Canopy Growth.

“Dank Vapes was the brand used by 56% of the hospitalized patients nationwide. Dank is not a licensed product coming from one business. Rather, it is empty packaging that can be ordered from Chinese internet sites”

Sol Global has ownership in the company HeavenlyRX and negotiates a lot of their contracts and one of their brands TRUWOMEN has put out a number of products, bars & proten powder that has been found to contain lead according to tests undertaken by The Environmental Research Center in San Diego. We have pictured these products for you so you know what to avoid . There are currently two lawsuits in play.

The Denton Daily (California) reports that after postponing the Cannabis Cup with next to no warning the weekend before Halloween organizer High Times sent an email statement confirming the postponement. The magazine refutes “some claims” that they did not plan to reimburse ticket buyers and the magazine says tickets to the October event will be honored at future Cannabis Cups “in that venue or elsewhere.” Alternatively, those seeking a refund can email CannabisCupHelp.” This isn’t much use to out of pocket ticket owners if High Times is gone by the new year as reports late last week suggest the magazine may no longer be able to publish because of mountains of debt.

We could be political and say that they need to smoke a lot of the stuff at Davos so as to forget what their neo-liberal thinking & policies are doing to our planet.. but instead we’ll parrot the press release which says, “The conclave brings together cannabis industry executives, global investors, policy makers and international media. The purpose of the event is to fuel the legalization debate globally, both for recreational and medical cannabis”

Is it just us but the regulated North American cannabis market, primary, secondary and support players appear to be acting like climate change at the moment. The warning signs have been there for ages but were roundly ignored by all those that thought they knew better and now there’s a tsunami of disaster around the corner. Like climate change it’s all about human hubris and greed and could have quite easily been managed. Here’s the latest story, the 4th of its type we’ve reported on today!

“AgMedica Bioscience Inc. was just granted protection under the Companies’ Creditors Arrangement Act in court documents filed with the Ontario Superior Court of Justice on Monday, Dec. 2.” Reports the Chatham Daily News

A torrid week for cannabis media and especially cannabis media workers. First “Civilized” and now High Times. When a press release was sent out a few weeks back saying that Dope magazine was being folded into High Times the writing was on the wall for what was was going to happen next. Here at CLR we thought High Times might limp into the New Year.. but the news is already here.

NBC report, “Pipe dream: The African cannabis empire that never was. A London firm planned a giant cannabis farm in the African jungle. Four years later, there’s little to show for it but dirt roads and a few angry investors.” The more we read this story the bigger the scam gets.

A spokesman has said, “He believes in decriminalization and doesn’t believe the federal government should interfere with states that have already legalized.”

Sorry, the weekend is rolling in and we couldn’t resist relating this one.

The media report says it isn’t known whether the police were in uniform or undercover.

Cheat Sheet.com reports on reality stars and their CBD spruiking…..Up front we have to be honest. We are clueless as to who these people are .

That doesn’t sound very civilized to us. “Civilized halted operations earlier this week, and New Frontier Data said it wants the publishing company to turn a profit in 2020.”

He’s a man who won’t lie down or somebody who loves to be on permanent life support, one or the other. After following his travails (that’s our polite word for disaster management theory) for the past few years we wonder what’s going to bring him back this time. MJ Biz has the lowdown.

Strangely CLR was only just thinking about Mass Roots and wondering what has happened. Now we know ! Investors certainly took a dive on this particular outing.

Not that made a jot of difference to their share price which fell further on the news reports investor.com.

If you need a quick overview here’s what NFD say. Anybody intending to hold their breath until regulation comes around will , of course, be dead by the time it happens. There is way too much going on in UK politics at the moment to hope for a sensible approach to cannabis legislation and if the Tories get in we’d suggest investors head straight to mainland Europe.

Decriminalize Nature have mapped out which cities are looking at the issue

“This is a reminder that on the day legal marijuana can be purchased, do not smoke and drive,” Michigan State Police said. “Just like alcohol use a ride service, designated driver or stay home.”