California
licensed cannabis companies are now able to buy commercial insurance from a state - guaranteed insurer for the first time, California Insurance Commissioner announced on Thursday.
Not exact matches
The startup's secret sauce is a software platform that audits a
cannabis company in its entirety, shifting through documents and state
licenses, financial statements, tax returns, property leases, and more, to ensure it is legal and legitimate.
• MedMen, a Culver City, Calif. - based
company providing management services to
licensed cannabis operators, raised $ 60 million for its
cannabis - focused MedMen Opportunity Fund, according to a filing with the SEC.
Gertner got back into the
cannabis business in 2014 with PharmaCan (now Cronos Group), a holding
company that acquires or buys minority positions in
licensed Canadian marijuana producers.
The Green Organic Dutchman Holdings Ltd. is a research & development
company licensed under the Access to
Cannabis for Medical Purposes Regulations («ACMPR») to cultivate medical c
Cannabis for Medical Purposes Regulations («ACMPR») to cultivate medical
cannabiscannabis.
The decision to acquire the Massachusetts - based
company was predicated on a few factors: WNWF currently owns an integrated medical
cannabis license in the Commonwealth of Massachusetts.
Victoria's Emerald Health Therapeutics Inc., a
licensed medical marijuana producer, said Wednesday that an unnamed, «Canadian institutional accredited investor» had agreed to buy a $ 25 - million chunk of the
cannabis company through a prospectus and secondary sale.
«Subject to Health Canada's approval of Shoppers Drug Mart's application to be a
licensed producer, under the terms of the agreement the
Company will supply Shoppers Drug Mart with Aphria - branded medical
cannabis products,» a release from Aphria said.
Four years after Canada updated its domestic
cannabis laws — only 97
companies have been
licensed.
But months before that, in July 2015, the Department of Health awarded five
companies licenses to produce medical
cannabis.
The inability of New York's
licensed medical
cannabis companies to utilize Google's advertising platform will prevent patients and health care providers from acquiring an understanding of a beneficial treatment option for severe and debilitating health conditions.
He described himself as an investor who has had financial holdings in start - up
cannabis companies, including some that bid several years ago on the first round of
licenses to grow and sell medical marijuana in New York.
Many
companies that have received or are seeking
licenses for cultivation, processing, and retailing of
cannabis products, are also trying to raise funding from various sources.