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FSD PHARMA SECOND TRANCHE OF PRIVATE PLACEMENT CLOSES, TOTAL OF $4.59 MILLION RAISED AT $20.10 TO DATE, EXTENDS OFFERING

FSD PHARMA SECOND TRANCHE OF PRIVATE PLACEMENT CLOSES, TOTAL OF $4.59 MILLION RAISED AT $20.10 TO DATE, EXTENDS OFFERING

TORONTO, November 4, 2019 – (FSD Pharma Inc.) (CSE: HUGE) (OTCQB: FSDDD) (FRA: 0K9) (“FSD” or the “Company“) announces that it has closed a second tranche of its previously announced private placement (the “Private Placement“), and has now raised total gross proceeds of CAD $4,596,285 from investors, including members of senior management …

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Passengers aboard the Air Canada flight from Toronto to Vancouver found themselves in a unique situation

Passengers aboard the Air Canada flight from Toronto to Vancouver found themselves in a unique situation

Canada, November 8, 2019 (THE CANNABIS INVESTOR)- Foggy Conditions Forced Flight AC 125 to Land at Seattle Airport with Some Passengers Carrying Cannabis and CBD Legal Expert Gives Advice to Canadians on How to Handle an Extraordinary Situation Like This In an unexpected turn of events, over 200 passengers aboard …

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USDA Releases Report On Status Of Canada’s Hemp Industry

USDA Releases Report On Status Of Canada’s Hemp Industry

U.S., September 3, 2019 (Marijuana Moment)- The U.S. Department of Agriculture (USDA) has published a report detailing the status of the legal hemp market in neighboring Canada. The six-page document from Agricultural Attaché Evan Mangino shows that while Canada legalized hemp about 20 years ago—with the U.S. moving to allow …

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Another UK Parliament committee is endorsing the decriminalization of drug possession for personal use

Another UK Parliament committee is endorsing the decriminalization of drug possession for personal use

U.S., November 5, 2019 (Marijuana Moment)- Another UK House of Commons panel is endorsing the decriminalization of drug possession for personal use, in addition to supporting the establishment of safe consumption sites to prevent overdose deaths. The Scottish Affairs Committee said on Monday that after consulting with health professionals, government …

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5 of the biggest surprises that have weighed on the cannabis industry

5 of the biggest surprises that have weighed on the cannabis industry

U.S., November 1, 2019 (The Motley Fool)- It’s been a little over a year since Canada legalized marijuana for recreational use. Oct. 17 also marked the opening of the new cannabis market in Canada that will include beverages and other derivatives, although products won’t be available to purchase until at least December. …

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Medical Marijuana is Finally Legal in Ireland

Medical Marijuana is Finally Legal in Ireland

U.S., June 27, 2019 (MERRY JANE)- Another nation joins the global green rush! Ireland residents suffering from cancer, multiple sclerosis, and epilepsy can soon treat their ailments with legal cannabis. Forget four-leafed clovers. There’s a new emerald-green good luck charm coming to Ireland: legal cannabis. This week, Irish Health Minister …

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Super-Majority of Americans Support Legalizing Marijuana

Super-Majority of Americans Support Legalizing Marijuana

U.S, October 31, 2019 (Washington blade) -A super-majority of Americans, including majorities of Democrats, Republicans, and independents support making marijuana use legal in the United States, according to nationwide polling data compiled by Gallup, first reported by Forbes. Sixty-six percent of respondents endorse legalization, a total that is consistent with …

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Illinois’ Medical Cannabis Program Sees Record Growth

Illinois’ Medical Cannabis Program Sees Record Growth

U.S., October 22, 2019 (CANNABIS BUSINESS TIMES)- Illinois’ medical cannabis program has experienced record growth since changes to the law expanded patient access. More than 87,000 patients have qualified for the program since medical cannabis dispensaries opened in November 2015, according to The Register-Mail, and 37,000 new patients registered in the …

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US Tax Court rules cannabis deductions are not allowed

US Tax Court rules cannabis deductions are not allowed

U.S, October 24, 2019  (Marijuana Bussiness Daily)- The U.S. Tax Court again ruled that Section 280E of the Internal Revenue Service tax code is constitutional and cannabis companies aren’t entitled to common business deductions. The Tax Court concluded that marijuana remains a Schedule 1 controlled substance, and thus, under current …

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Approval of cannabis vapes in Canada comes in midst of health scare over outbreak of vaping-related illnesses and deaths

Approval of cannabis vapes in Canada comes in midst of health scare over outbreak of vaping-related illnesses and deaths

Canada, October 21, 2019 (420 Intel)-The regulation of cannabis vape pens in Canada arrives in the middle of widespread concern over an outbreak of serious lung ailments and deaths linked to vaping. U.S. health officials have reported 1,299 cause of lung injuries and 26 deaths. In Canada, two confirmed and …

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