Neptune Wellness Enters Strategic Distribution Partnership with Global CPG CompanyNeptune Wellness Solutions, Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, today announced an import and stocking distribution partnership with one of the world’s leading consumer goods companies, making and selling around 400 brands in more than 190 countries, for professional beauty, personal care and hygiene product lines generating potential sales revenue from as much as USD $65 million up to USD $137 million over the next 18 months based on the consumer product company’s and Neptune’s projections. Neptune expects to receive first shipments of products into its inventory by the end of October 2020

Wildfires Continue to Ravage West Coast Cannabis Businesses, U.S. House Postpones Vote on the MORE Act: Week in ReviewIndustry stakeholders by and large support the House Committee on Energy and Commerce passing on a voice vote a modified version of the Medical Marijuana Research Act of 2019. While there is no scheduled vote on the bill in the full House as of press time, the fact that the bill made it out of committee on a bipartisan vote signals a political tide change for cannabis research.“Whatever our views on marijuana legalization as legislators, we all ought to support the collection of scientific data to guide our decisions,” tweeted Rep. Morgan Griffith (R-VA), a cosponsor of the bill, following the Sept.

Namaste Debuts “VendorLink” Cannabis Accessory Marketplace Platform Namaste Technologies Inc. (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading platform for cannabis products, accessories and education, announced today the launch of VendorLink, a proprietary marketplace platform for brands and vendors to upload and sell their cannabis accessory products to CannMart customers directly. The first brand to utilize VendorLink is Canada Puffin, a leading Canadian hardware company focused on premium handblown glass and natural maple pipes and accessories. VendorLink allows brands and vendors to upload their product catalogue directly to CannMart.com, to be displayed alongside CannMart’s own accessory inventory. With an expanding national presence and a strong base of loyal repeat customers, CannMart is in a unique position to leverage its online real estate with

Over $2 Million of Funds from Missouri’s Medical Cannabis Program Go to VeteransNEW YORK, N.Y., September 8, 2020 – PRESS RELEASE – Columbia Care Inc. has signed a definitive agreement to purchase Project Cannabis, an award-winning cannabis company based in Los Angeles, Calif., for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds of a concurrent sale of Project Cannabis’ real estate assets. Columbia Care’s acquisition of Project Cannabis is expected to close in the fourth quarter, 2020.Project Cannabis is one of the leading cannabis cultivators, wholesalers and retailers of highly recognized, award-winning, branded products, including Triple Seven and Classix, in the world’s largest cannabis market. In Los Angeles, Project Cannabis operates a 32,000-square-foot

Can Wildfires Impact Cannabis Quality and Test Results?Editor's note: This article was originally published during the 2018 wildfire season. Read "California Wildfires Continue to Ravage State Agriculture, Including Cannabis Farms," published in September 2020, here.As more than a dozen wildfires continue to burn across California, cannabis cultivators affected by the blaze face challenges ranging from the health and safety of their employees to the potential destruction of their facilities and crops. Consumer safety and lab testing will also become significant concerns as cannabis grown in affected areas hits the market.“When you start getting into how [it’s] going to affect product and manufacturing and production, this is the big variable,” Jon Vaught, CEO of Front Range Biosciences, a Colorado-based agricultural biotech

1933 Industries Signs Distribution Deal with CBD Plus to Carry Canna Hemp™ Products in over 120 Stores1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF) (OTCQX: TGIFF), a vertically-integrated cannabis consumer packaged goods company with a diverse portfolio of consumer-driven brands, is pleased to announce that it has set up distribution of its Canna Hemp™ line of wellness products in conjunction with CBD Plus, the largest and most trusted supplier of CBD products across the United States. The Company reports that its wholly-owned subsidiary, Infused MFG, signed a Master Services and Supply Agreement (“Agreement”), with MCV Enterprises LLC, an Oklahoma company doing business as CBD Plus and CBD Plus USA, (“CBD Plus”) for the marketing and sale of Canna Hemp™

ATAI Positioned As Kingmaker In Psychedelics SpaceThe recent announcement by Compass Pathways that it is planning to go public and is seeking a NASDAQ listing has stoked media interest in the psychedelics space.It represents a major infusion of new capital for the emerging psychedelic drug industry. It will attract new investors (and larger players) to psychedelic stocks. And there should be a strong trickle-down effect among both public and private psychedelics companies.  As we noted in our own coverage (above), it is also a strong endorsement for the business model of ATAI Life Sciences, a private psychedelics company. ATAI is a major backer and large shareholder in Compass Pathways.ATAI Life Sciences is a unique corporate entity in the psychedelic drug industry.