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1 Explosive Weed Stock That Could Double in 2021
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Colombia has made first legal shipment of cannabis to the United States
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Elixinol to Acquire 100% of CannaCare Health
Elixinol GlobalMarch 17, 2021 GMT
Acquisition positions Elixinol as a leading pan-European CBD business and accelerates path to profitability
Management to discuss transaction and provide business update at the Cannabis Investing Forum on March 18
WESTMINSTER, Colo., March 17, 2021 (GLOBE NEWSWIRE) Elixinol Global Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to announce that it has entered into a binding agreement for its subsidiary (Elixinol B.V.) to acquire all of the issued share capital of CannaCare Health GmbH (CannaCare), a company incorporated in Germany (Proposed Transaction). The vendors of CannaCare are Mr Frank Otto, Ms Annette-Rosa Oplesch and an entity associated with Mr Michael Oplesch (Vendors). The Proposed Transaction is subject to the satisfaction of certain conditions precedent, the details of whic
Elixinol to Acquire 100% of CannaCare Health
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Friday, 12 March, 2021 - 09:15
A farmer guards his plantation of cannabis in Morocco. Reuters file photo Rabat - Asharq Al-Awsat
Morocco’s government ratified Thursday a draft law to legalize the medical use of cannabis. Parliament, however, still needs to give its final approval to the legislation.
The draft law calls for the creation of a national agency to regulate the industry, and for the establishment of cooperatives that would grow “certified” cannabis plants.
The move would “reconvert illicit” cannabis plantations into “legal and durable activities that generate jobs”, according to the text of the draft legislation.
The vote over the issue had been delayed on two separate occasions due to the controversy surrounding it.