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18 Oct Aphria digs in over TMX dispute; inks deal for CA$92M in funding

On the same day Aphria shares slid more than 13% over delisting fears, the Leamington, Ontario-based company announced a deal to raise up to 92 million Canadian dollars ($73 million) in capital.
The new financing, announced Tuesday, came a day after th...

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18 Oct Sessions backs marijuana research, but balks at expanding it

During testimony before the U.S. Senate Judiciary Committee Wednesday, Attorney General Jeff Sessions said he supports “more competition” in cannabis research but that he isn’t inclined to grant permits to everyone who applied for per...

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18 Oct MassRoots makes it official: Dietrich out as CEO, Kveton in

MassRoots, the marijuana-centric Denver social media and technology giant, filed documents with the U.S. Securities and Exchange Commission Wednesday morning confirming the ouster of the company’s founder and CEO, Isaac Dietrich.
In its Form 8-K filing...

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18 Oct Canada regulators clarify policy for MJ firms with U.S. assets

An umbrella organization for Canada’s securities regulators issued new guidelines requiring Canadian companies with marijuana-related activities in the United States to spell out the potential risks for investors.
Among other things, company disc...

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18 Oct Vermont says CBD should be taxed, unlike MMJ or other drugs

Vermont is charging sales taxes on CBD, a departure from the state’s position on medical marijuana and other drugs.
A recent ruling by Vermont’s Department of Taxes stated that “cannabidiol products do not qualify as ‘drugs'” an...

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18 Oct Costly employment-related lawsuits on the rise in cannabis industry as MJ workforce grows

By Bart Schaneman
Marijuana companies are seeing an uptick in lawsuits tied to employment issues, reflecting the cannabis industry's growing pains as it transforms into a more mainstream business.
The latest involves a suit targeting Electrum Partners,...

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