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Power REIT buys Oklahoma cannabis facility, leases it to cultivator

Real estate investment trust Power REIT acquired a cannabis property in northeastern Oklahoma and signed a 20-year lease to rent the property to a marijuana producer. According to a Friday news release, Power REIT is spending roughly $2.65 million to acquire and renovate the real estate, which includes: A 9.3-acre property and approximately 40,000 square …

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Terra Tech to acquire marijuana delivery company SilverStreak Solutions

California-based Terra Tech Corp. is in the process of acquiring SilverStreak Solutions, a direct-to-consumer marijuana delivery company based in Sacramento. Terra Tech believes the acquisition will help the company expand its delivery and distribution across California, according to a news release. Terms of the deal, which is expected to close in 90-120 days, were not …

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Deal reached to sell TGOD’s Quebec cannabis greenhouse at CA$200M loss

Canadian cannabis company The Green Organic Dutchman Holdings (TGOD) entered into an agreement to sell its greenhouse in Salaberry-de-Valleyfield, Quebec, for substantially less than the project’s total cost. The Mississauga, Ontario-headquartered company has agreed to sell the greenhouse for 27 million Canadian dollars ($22.2 million) to another cannabis producer, Cannara Biotech, the companies jointly announced. TGOD …

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Cannabis SPAC Greenrose to delist from Nasdaq, trade on OTC markets

Cannabis industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it will delist its shares from the Nasdaq Capital Market and relist them on the OTCQX Best Market. The move comes nearly three months after New York-based Greenrose announced deals to acquire four cannabis businesses in seven states, which will turn the blank-check company …

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We Thought We Would Be Celebrating the Legalization of Recreational Cannabis in Mexico. We Were Wrong.

Two months ago we posted to celebrate the passage by Mexico’s Lower Chamber of the Cannabis Law bill sent to it by the Mexican Senate last November. In that post, I wrote, “The Law will now return to the Mexican Senate, where it is expected to be approved pretty much as written, at which point, …

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California marijuana farmers prepping for wildfire season

Wildfire season is quickly approaching in California, and marijuana farmers all over the immense state are trying to bolster their defenses against a perennial threat that wreaked record-setting havoc in 2020. Conditions appear worse this year, and marijuana growers are making preparations as best they can. Robert Steffano recently concluded maintenance checks on 30 fire …

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Heritage Cannabis Launches Weed-Infused Freezies For Summer

The company hopes to soon have the frozen pops on store shelves across Canada. Just in time for summer, Heritage Cannabis Holdings Corp. has announced the launch of RADsicles, a cannabis-infused frozen edible meant to help consumers beat the heat with an intoxicating twist. In late December, Heritage Cannabis reported it entered into a definitive …

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Let’s Hit the Weed Bar – Are Cannabis Consumption Lounges the New Legalization Trend?

Simply put, a bar is an alcohol consumption lounge, that is a public space where alcoholic drinks are consumed. Therefore a cannabis consumption lounge is a licensed and safe space for a group of people to consume cannabis. Cannabis lounges may just be the best element to make cannabis socially acceptable by all age groups …

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Turning Trichome Crystals from Clear to Amber with One Organic Spray – MagicFlower

Well, as luck would have it, that original 13 spices mixed with oil, vinegar, and potassium bicarbonate was the exact right mixture to not only cure the powdery mildew and spider mites, but I also noticed it was ‘finishing’ the plants. The hairs were turning orange and the crystals were turning cloudy and amber. It …

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