Global Cannabis and CBD News Roundup YouTube

Aurora Cannabis bought a profitable vegetable business while taking a huge loss on its investment in its facilities. I hope the cucumber guys can teach Aurora a thing or two about being cost effective. :)

A lawsuit accuses Connecticut of cruel and unusual punishment for the rather widespread practice of charging a prisoner $249 daily, leading to massive debts when released. That's more expensive than the fancy resorts I've traveled to and they provide an all-you-can-eat buffet and a jacuzzi! :)

Dennis Rodman is flying to Russia to speak to Vladimir Putin to try to free WNBA star, Brittney Griner. Here’s to solving international disputes with games of one on one basketball. ;)

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Have a pleasant week!

Weekly News
Aurora Cannabis Buys Profitable Vegetable Firm for CA$45M, Sells Sky Greenhouse More at
At $249 per Day, Prison Stays Leave Ex-inmates Deep in Debt More at
Dennis Rodman Says He’s Going to Russia to Seek Release of Brittney Griner More at
‘Magic Mushroom’ Psychedelic May Help Heavy Drinkers Quit More at
Doctor Traces Fentanyl’s Journey from Miracle Drug to Outsized Killer More at
California Tax Revenues Have Declined Substantially for Three Consecutive Quarters More at
New Mexico Has Approved 1,000 Cannabis Licenses in about a Year More at
DEA Abandons Proposal to Ban Two More Psychedelics after Being Challenged by Scientists More at
Pennsylvania Marijuana Market in Tumult amid Falling Prices, Consolidation More at
Stock Exchange Fines, Suspends Trading of United Kingdom CBD Maker More at
State Checking More Signatures on Nebraska Medical Marijuana Petitions More at
Where Is the FDA on CBD? FDA Regulation Would Be Safer & the Market More Successful More at
Green Sentry Holdings Closes Medmen Florida Deal for $63 Million More at
Cannabis Spac Mergers Have Sunk and Some Now Look Attractive More at
Cool Finds
Neuroscience Research Suggests LSD Might Enhance Learning and Memory by Brain Plasticity More at
Study Identifies Potential Brain Imaging Test for Cannabis Impairment More at
Stocks and Startups Briefs

SNDL Inc. formerly Sundial (Nasdaq: SNDL) is purchasing The Valens Corp. Inc. (TSX: VLNS) (Nasdaq: VLNS) for $138M.
The Greenrose Holding Corp. Inc. (OTC: GNRS, GNRSW) posted losses for Q2, continuing a downward trend.
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the US, announced a $67M deal with Florida-based Green Sentry Holdings LLC.
Resonate Blends, Inc. (OTCQB:KOAN), a cannabis holding company, shared a corporate update covering its recently filed Q2 2022 financial report.

GH Research PLC (Nasdaq: GHRS) reported results for the Q2 and shared updates on its business.
Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), announced that its medical cannabis division, Tilray Medical, received approval and verification from The Natural Health Science Foundation of Tilray Purified Oral Solution CBD100 to be used in clinical trials in Australia and New Zealand.

MJ Holdings Inc. (OTC Pink: MJNE), a cannabis holding company, announced that it now has “penny stock exempt” status on per U.S. Securities and Exchange Commission rules.
Rainbow Realty Group, LLC and its affiliates announced closing a $20M loan, cross-collateralized by 9 properties in Sacramento, CA, having 12 are licensed cannabis operators.
Needham Bank , a financial institution in Massachusetts offering marijuana banking, announced the closure of a cannabis business loan to Bostica, LLC, a cannabis cultivator and manufacturer of cannabis products.

Vibe Growth (CSE: VIBE) (OTC: VIBEF), a vertically integrated California cannabis enterprise, released its 2022 Q2 results.
SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF), a leading global cannabis consumer packaged goods (CPG) company, released financial results for Q2.
Bevo will take over the shuttered Aurora Sky facility as part of the completed deal.
POSaBIT Systems (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, announced its financial results for Q2.
Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), the Canadian parent of Blueberries S.A.S., a Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, reported its financial results for Q2.
Fire & Flower US Holdings Inc. (OTC: FFLWF)(formerly American Acres Managers) announces that it has completed a non-brokered private placement of unsecured convertible debentures (the "Debentures") of $5M to its existing shareholders.