San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the company be placed in a receivership. The move comes after Pelorus Fund REIT, a private mortgage real estate investment trust and StateHouse’s largest lender, asked a California court in September to place StateHouse in receivership after the […]
Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million through the sale of about 625,000 units. The company, which operates in Israel and Germany, said in a news release it plans to use the proceeds from the offering to repay a loan that A.D.I. Car Alarms […]
(This story was updated at 10:35 a.m. Oct. 11 with Bedrocan declining comment.) Medical marijuana producer Bedrocan International is returning to the Canadian market through the purchase of a facility in Scarborough, Ontario. Health Canada recently granted the Veendam, Netherlands-based company a cultivation license to grow standardized medical cannabis for Canadian patients, according to a […]
Florida cannabis businesses began shutting down this week in anticipation of Hurricane Milton, which was expected to make landfall late Wednesday on the state’s west coast. Milton’s wrath didn’t sway Florida Gov. Ron DeSantis to extend the Oct. 7 deadline to register to vote in the Nov. 5 election. In addition to casting votes for […]
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan. An initial $114 million disbursement from the senior secured term loan was used in August to pay TerrAscend’s debt related to its Pennsylvania operations. The remainder […]
For cannabis smokers seeking the purest and most natural way to enjoy their herbs, King Palm offers the ultimate solution. Renowned for their commitment to high quality and purity, King Palm’s natural, tobacco-free leaf wraps and hand-rolled cones provide an unmatched smoking experience. Free from pesticides and impurities, King Palm ensures that every puff you […]
Delta 8 Gummies Delta 8 THC has caught the attention of many recently, especially in the form of gummies. These edibles provide a unique way to experience the effects of Delta 8, but one question often arises: how long does it take for Delta 8 gummies to kick in? Understanding this timeline can help set […]
CBD, or cannabidiol, interacts with the ECS in a unique way. Unlike THC, which binds directly to CB1 receptors, CBD has a more indirect influence. It modulates the activity of the ECS by inhibiting the breakdown of endocannabinoids, thereby enhancing their availability and prolonging their effects. This modulation helps in balancing the ECS, which can […]
