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Cannabis News Thursday, May 10 Aurora, Medical cannabis, Owner brenda tobin & more…

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What’s new?

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 Aurora Cannabis Inc. (ACBFF) Increases Stake in Alcanna (formerly Liquor Stores NA) – Marijuana Stocks

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  • Aurora Cannabis Inc. (Aurora or the Company) (ACB.TO) (ACBFF) ( Frankfurt : 21P; WKN:A1C4WM), today announced that, following the satisfaction of the escrow release conditions related to Alcanna Inc.s (Alcanna TSX: CLIQ) (Formerly:Liquor Stores NA) previous private placement with Aurora, 2,300,000 subscription receipts were converted, on a one-for-one basis, into…
  • Since Auroras initial investment on February 14th, Alcanna has made considerable progress with the execution of its cannabis strategy, highlights of which are: – – Under the previous private placement, Alcanna also issued to Aurora, for no additional consideration, two classes of common share purchase warrants, that provide Aurora with…
  • Further details can be found in Alcannas filings onwww.sedar.com – – Auroras wholly-owned subsidiary, Aurora Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canadas Access to Cannabis for Medical Purposes Regulations (ACMPR).
  • Aurora holds a 25% ownership interest in Alcanna Inc, (TSX: SLIQ) who are developing a cannabis retail network in Western Canada .
  • Aurora is also the cornerstone investor in two other licensed producers, with a 22.9% stake in Cann Group Limited, the first Australian company licensed to conduct research on and cultivate medical cannabis, and a 17.62% stake in Canadian producer The Green Organic Dutchman Ltd., with options to increase to majority…

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[/vc_column_text] [vc_column_text el_class=”topfeed-embedly”]  Aurora Cannabis Inc. (ACBFF) Increases Stake in Alcanna (formerly Liquor Stores NA) – Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™ [/vc_column_text] [/vc_column] [/vc_row] [vc_row el_id=”_news_canada_newfoundland_labrador_tobins_convenience_labrador_marijuana_1_4655469_”] [vc_column width=”1/2″] [vc_separator] [vc_column_text]

Mom and son convenience store owners excited to sell pot in Labrador West

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  • So far, there will beonly one place to buy legal marijuana in allof Labrador once the federal government passes the required legislation, and that’s throughTobin’sConvenience, a family-run businessin Labrador City.
  • Tobin’s is one of 24 retailers around the province selected by Cannabis NL,which is a branchof the provincial liquor corporation, and it’s the only one approved so far in Labrador.
  • said Trevor Tobin, Brenda’s son, who helps run the business.
  • In the future, you might be buying cannabis with bitcoins, Trevor Tobin said.
  • It will be discreet but still the public will know where it is, said Brenda Tobin.

[/vc_column_text] [vc_column_text el_class=”topfeed-tags”] Tags: owner Brenda Tobin, Trevor Tobin, liquor corporation, provincial liquor corporation, Jacob Barker/CBC [/vc_column_text] [/vc_column] [vc_column width=”1/2″] [vc_separator] [vc_column_text el_class=”topfeed-tweet”]

[/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] Mom and son convenience store owners excited to sell pot in Labrador West | CBC News [/vc_column_text] [/vc_column] [/vc_row] [vc_row el_id=”_news_canada_nova_scotia_cannabis_store_halifax_supreme_court_closure_application_1_4655428_”] [vc_column width=”1/2″] [vc_separator] [vc_column_text]

Halifax brings fight against cannabis store to N.S. Supreme Court

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  • Halifax Regional Municipality is taking the fight against cannabis shops to the Nova Scotia Supreme Court.
  • The municipality has applied for an order to close Coastal CannapyMedical Dispensary Inc. on Agricola Streetafter the shop remained open in violation of a provincial court order, according to a news release from the city.
  • Elliot said the business applied for a development permit, which was denied.
  • Elliot said this is a unique caseas the owners, store name and parties involved with Coastal Cannapy all stayed the same even after the provincial order.
  • Elliot said Nova Scotia Supreme Court hasa bit more weight and hopes, if the ruling is in favour of the municipality, a sheriff can be authorized to change the locks and force the business to permanently close.

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[/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] Halifax brings fight against cannabis store to N.S. Supreme Court | CBC News [/vc_column_text] [/vc_column] [/vc_row] [vc_row el_id=”_url_rct_j_sa_t_url_https___www_denverpost”] [vc_column width=”1/2″] [vc_separator] [vc_column_text]

Nearly 280 marijuana stores in Colorado suggested cannabis for pregnancy-related nausea, a new study shows. Health officials urge the opposite.

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[/vc_column_text] [vc_column_text el_class=”topfeed-tags”] Tags: marijuana, marijuana stores, Colorado marijuana stores, morning sickness, Marijuana Industry Group [/vc_column_text] [/vc_column] [vc_column width=”1/2″] [vc_separator] [vc_column_text el_class=”topfeed-tweet”]

[/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] Nearly 280 marijuana stores in Colorado suggested cannabis for pregnancy-related nausea, a new study shows. Health officials urge the opposite. [/vc_column_text] [/vc_column] [/vc_row] [vc_row el_id=”_society_2018_may_09_how_oregon_grew_too_much_marijuana_to_sell_”] [vc_column width=”1/2″] [vc_separator] [vc_column_text]

How do you move mountains of unwanted weed?

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  • Three years into Oregons era of recreational cannabis, the state is inundated with legal weed.
  • Since voters legalized recreational marijuana in 2014, many industry veterans from the medical marijuana years have chafed at the entrance of new money, warning it would destroy a carefully crafted farm ecosystem.
  • The same problem has plagued cannabis industries in other states that have legalized recreational weed.
  • The demand for weed in Oregon is robust the state reeled in $68m in cannabis sales taxes last year but it cant keep pace with supply.
  • Across rolling hills of Oregon farmland and in Portland dispensaries as sleek as designer eyewear shops, the story plays out the same: Business owners cant make the low prices pencil out.

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[/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] How do you move mountains of unwanted weed? [/vc_column_text] [/vc_column] [/vc_row]