Aphria to open pot shop in Jamaica – at a legit, real location

Aphria is opening a pot shop in Jamaica. The Leamington, Ont.-based cannabis producer said its Jamaican subsidiary Marigold Projects received a retail licence from the country’s Cannabis Licensing Authority to open its first store in Kingston this August. The company said it will open the doors to the Sensi Medical Cannabis House at Peter Tosh Square, Unit #51, noting that “yes, it is there” – a slight nod to a short seller report published in December that alleged the company’s Jamaican operations did not exist at that specific location. The retail store will include a smoking lounge for on-site consumption, accessories and proprietary cannabis strains for sale. Marigold plans to open another four retail stores in Jamaica, pending licensing approval.

Friendly Stranger gets a little (financing) help from its friends

Toronto-based cannabis accessory story Friendly Stranger Holdings landed a $5 million investment from several strategic partners, including Canadian licensed producers VIVO Cannabis and 48North.

– Read the entire article at BNN bloomberg.