Marijuana tech firm Agrify seeks gross proceeds of $8.7 million in share offering

Marijuana cultivation technology firm Agrify Corp. priced a public offering of shares and warrants to raise gross proceeds of roughly $8.7 million before expenses. Massachusetts-based Agrify said net proceeds from the offering will be used “for working capital and general corporate purposes, which may include capital expenditures and repayment of debt.” ADVERTISEMENT The underwritten public […]

Police raid a cannabis grow then stick around to watch World Cup final

Police in Israel celebrated the World Cup final with a raid on an illicit cannabis site. According to The Jerusalem Post, police in Rishon Lezion watched the FIFA World Cup Final between Argentina and France on a TV at an illegal grow site. “After we finished collecting the marijuana, we sat down to watch the end […]

States With Legal Marijuana Have Less Underage Use And Impaired Driving Than Criminalized States, Study Shows

States where marijuana is still criminalized see people initiate cannabis use at a younger age, consume more frequently and drive while under the influence more often, according to a new, large-scale survey from a marijuana policy consulting firm. Cannabis Public Policy Consulting (CPPC) analyzed a wide range of marijuana use trends and public health outcomes […]

CannTrust Weed Cultivation Scandal Prosecution Falls Apart

Prosecutors with the Ontario Securities Commission (OSC) told a Canadian court on Wednesday that they had no reasonable expectation of gaining a conviction against three former executives of the cannabis firm CannTrust Holdings and asked to withdraw charges against the men. But defense lawyers for former CannTrust CEO Peter Aceto, former chairman Eric Paul and […]

Study Finds up to 9% of Psilocybin, LSD Experiences Result in Flashbacks

Those who have used psilocybin or LSD may be familiar with the experience: The day following your trip, it’s back to reality, yet there are still glimmers of your previous day’s journey, a fleeting visual cue borrowing from the more intense hallucinogenic effects you just experienced. These spontaneously recurring, drug-like effects following hallucinogenic exposure are […]

Mayor Announces Cannabis Research Institute Coming To Chicago

Chicago Mayor Lori E. Lightfoot on Thursday announced the launch of the Cannabis Research Institute (CRI), a joint effort between the city and the Illinois state government touted as “a first-of-its-kind center in the Midwest that will further boost Illinois’ global standing as a science hub.” Topics of research to be investigated include the societal […]

New York rolls out plan to differentiate cannabis licensees from illicit operators

In an effort to distinguish between licensed and illicit cannabis operators in New York, Gov. Kathy Hochul unveiled a verification placard for legal adult-use stores to post on their windows. The verification includes a QR code that can be scanned by consumers and others. ADVERTISEMENT A similar version will be available for licensees initially launching […]

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