MARIJUANA NEWS ROUNDUP – AUG. 30, 2019

kylie-jenner
Kylie Jenner is the latest celeb. to invest in the marijuana business. (Photo by Rich Fury/Getty Images)
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News Americas, NEW YORK, NY, Fri. AUGUST 30, 2019: Here are the marijuana headlines making news globally and in the Caribbean and Latin America for the week-ending August 30, 2019:

Kylie Jenner is the latest celeb. to invest in the cannabis business. The billionaire has plugged 144.4 million into a company called Happy Tea that sells CBD-infused tea.

Altria Group and Philip Morris International are in discussions over a potential all-stock “merger of equals,” the companies confirmed Tuesday.

The US federal government this week announced it would begin processing dozens of pending applications for permission to cultivate marijuana for medical research.

As of this week, thousands of New Yorkers will be eligible to have low-level marijuana convictions wiped clean from their records under a new law.

GreenAcreage Real Estate Corp., a real estate investment trust that serves the cannabis industry, has raised roughly $141 million.

Chicago-based Green Thumb Industries has completed its $59.6 million cash and stock acquisition of Fiorello Pharmaceuticals.

Jamaica has launched an international competitive bidding process to identify a qualified organization to provide seed-to-sale tracking software for the country’s regulated marijuana industry.

Vicente Fox, Bruce Linton, Cam Battley and Steve DeAngelo are the keynote speakers for this year’s CanEx Jamaica Business Conference and Expo 2019 this September.

Malta officials say they are paving the way for cannabis research and development there.

And three marijuana stocks to consider this week are: Auxly Cannabis Group, Flowr Corp. and HEXO.

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