Red White & Bloom borrows $60m to buy Illinois marijuana grow facility

Toronto-based multistate marijuana company Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5 million. According to a news release, Red White & Bloom (RWB)’s purchase of Ontario special purpose vehicle Cannabis Capital Partners includes: The rights to a 23,572-foot cultivation […]

Michigan growing-rack producer acquires ventilation company for optimum air flow in vertical cultivation

Pipp Horticulture, a Michigan-based producer of multi-level mobile cultivation systems for the indoor farming and horticulture industries, announced Friday that has purchased Vertical Air Systems. Headquartered in Santa Cruz, California, VAS manufactures air circulation systems and related products for the global indoor vertical farming industry. Terms of the acquisition were not disclosed. “In 2017, when […]

Acreage Hempco parent company names Pfizer alum new CEO

A multistate marijuana company with properties including Acreage Hempco — Acreage Holdings Inc. — has appointed Peter Caldini as chief executive officer. Caldini has experience in both healthcare and consumer packaged goods, having served as president of pharmaceutical giant Pfizer’s divisions in North America and Europe, the Middle East and Africa, as well as working […]

Study: Long-Term Cannabis Use Associated with Reduced Symptoms in Patients with Post-Traumatic Stress

“This study provides evidence that the types of cannabis available in recreational and medical cannabis dispensaries might hold promise as an alternative treatment for PTSD. … This study’s primary outcome supports the theory that cannabis should be [tested in clinical trials] as a potential therapeutic for PTSD.”
The post Study: Long-Term Cannabis Use Associated with Reduced Symptoms in Patients with Post-Traumatic Stress appeared first on NORML.

Are your hemp crops safe? FSOil conducts study following the 2020 Oregon Wildfires

While Oregon wildfires raged during the month of September 2020, hemp growers and processors held their breath fearing for the well-being of their crops and subsequent products. FSOil, a CO2 extraction and processing facility located on Iverson Family Farms in Woodburn Oregon was just under 10 miles from the Beachie Creek fire. The companies vertically […]

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