Cronos bought CBD brand Lord Jones for $300 million, CEO’s private firm to collect $120 million
Canadian cannabis company Cronos Group Inc. bought U.S. CBD startup Lord Jones for $300 million, the deal was noteworthy for two reasons: (1.) that the acquisition price was equal to 75 to 150 times the young company’s 2018 revenue of between $2 million and $4 million.
Searching for an MMJ/CBD doctor? Tune in Tuesday, Dr. Jacqueline Montoya will be joining us.
Dr. Jacqueline Montoya is a practicing board-certified, Emergency Medicine and Critical care physician as well as a licensed medical marijuana prescriber and owner of GreenMedMD.
Hemp Hotline – How to know if a brand is reputable!
How do you know if a brand is reputable? These are the topics that we covered in yesterday’s episode of Hemp Hotline.
GW Pharmaceuticals receives a positive NICE recommendation for EPIDYOLEX®
GW Pharmaceuticals receives positive NICE recommendation for EPIDYOLEX® (cannabidiol) oral solution for the treatment of seizures in patients with two rare, severe forms of childhood-onset epilepsy.
Cheap isn’t cheerful: CBD cowboys are cutting with palm oil in South Africa.
Cheap isn’t cheerful: CBD cowboys are cutting with palm oil in South Africa.
Much like the Spanish, South Africans can now grow and consume cannabis in private, for personal use, but selling it or consuming publically could still get us into legal trouble.