News

DUBLIN–(BUSINESS WIRE)–The “CBD Oil Market Research Report: By Product Type – Global Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. In numerous countries, starting with the U.S. and Canada, cannabis is being legalized for medical, recreational, and research uses. Following them, the U.K., Japan, Norway, Thailand, South Korea, Spain,…

IGC Filed a Patent Application with the U.S. Patent Office for a New Formulation to Treat Pain

BETHESDA, Md.–(BUSINESS WIRE)–On July 17, 2020 India Globalization Capital, Inc. (the “Company”) (NYSE American: IGC) filed a patent application, IGC-511, with the United States Patent and Trademark Office (“USPTO”) for a new cannabinoid formulation intended for the treatment of chronic pain, muscular pain, and neuropathic pain in humans and veterinary animals. Chronic pain, one of…

Organigram Reports Third Quarter Fiscal 2020 Results

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its results for the third quarter ended May 31, 2020 (“Q3” or “Q3 2020”). (in 000s) unless otherwise indicated Q3 2020 Q3…

Cybin Corp. Announces Proposed Management Team and Board of Directors of the Resulting Issuer

TORONTO–(BUSINESS WIRE)–Cybin Corp. (“Cybin” or the “Company”), a private psilocybin and nutraceutical company is pleased to announce the proposed management team and board of directors of the issuer (the “Resulting Issuer”) resulting from the proposed reverse takeover (the “Proposed Transaction”) of Clarmin Explorations Inc. (TSX.V: CX) (“Clarmin”), a Tier 2 mining issuer listed on the…

Canadian CEOs Commemorate Launch of the BlackNorth Initiative

TORONTO–(BUSINESS WIRE)–Today, The Canadian Council of Business Leaders Against Anti-Black Systemic Racism officially marks the launch of the BlackNorth Initiative with the signing of the CEO pledge at the inaugural BlackNorth Initiative Summit. The pledge commits business leaders and their organizations to specific actions and targets designed to end anti-Black systemic racism. To date, over…

Organigram Announces Executive Change

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) announces that Ray Gracewood, Senior Vice President of Marketing and Communications has left Organigram to pursue other interests. Organigram would like to thank Mr. Gracewood for his many foundational contributions to the organization and wish him well in his future endeavors.…

First Trust New Opportunities MLP & Energy Fund Declares Monthly Common Share Distributions of $0.0375 Per Share for August, September and October

WHEATON, Ill.–(BUSINESS WIRE)–First Trust New Opportunities MLP & Energy Fund (the “Fund”) (NYSE: FPL) has declared the Fund’s monthly common share distributions for August, September and October of $0.0375 per share for each month. The payable, record and expected ex-dividend dates, as well as the distribution per share amount for these distributions are as follows:…

First Trust MLP and Energy Income Fund Declares Monthly Common Share Distributions of $0.05 Per Share for August, September and October

WHEATON, Ill.–(BUSINESS WIRE)–First Trust MLP and Energy Income Fund (the “Fund”) (NYSE: FEI) has declared the Fund’s monthly common share distributions for August, September and October of $0.05 per share for each month. The payable, record and expected ex-dividend dates, as well as the distribution per share amount for these distributions are as follows: …

Dorsey Attorney Sativa Rasmussen Elected Chair of WSBA Cannabis Law Section

SEATTLE–(BUSINESS WIRE)–International law firm Dorsey & Whitney LLP is pleased to announce that Sativa Rasmussen has been elected Chair of the Washington State Bar Association Cannabis Law Section. Ms. Rasmussen will serve a two-year position beginning October 1, 2020. She previously served as the Chair-Elect for the Cannabis Law Section of the Washington State Bar…

Columbia Care Raises Approximately $14 Million of Non-Dilutive Capital Through Second Sale Leaseback

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced the close of its sale leaseback transaction with Innovative Industrial Properties (NYSE:IIPR) (“IIP”) valued at approximately $14 million. The transaction includes the Company’s dispensary, cultivation and manufacturing facilities in Vineland, New Jersey, totaling approximately 54,000 square…

The BlackNorth Initiative Summit Launches With Commitments From Over 200 Organizations Representing Over $1 Trillion in Market Cap; Over 3000 People in Attendance

TORONTO–(BUSINESS WIRE)–The Canadian Council of Business Leaders Against Anti-Black Systemic Racism today announced the names of more than 200 organizations whose CEOs have signed the BlackNorth Initiative’s pledge committing their organizations to specific actions and targets designed to end anti-Black systemic racism. The names of the organizations, listed below, are being released ahead of the…

Can-Fite Completes Development of an Assay to Identify Clinically Active Cannabis Derived Compounds

PETACH TIKVA, Israel–(BUSINESS WIRE)–Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE:CFBI), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address inflammatory, cancer and liver diseases, announced today it has completed the development of a biological cell-based in vitro assay which can identify clinically active cannabis derived compounds that bind to and activate…