Lifford to sell Hill Street’s infused beverages
Hill Street Beverage Co. said Wednesday it has signed a national agreement with Lifford Cannabis Solutions Inc., which will sell and distribute Hill Street’s cannabis-infused beverage portfolio in Canada. Lifford’s sales team will be responsible for ensuring that Hill Street’s products are prominently featured in government-owned and independent dispensaries across Canada. As part of the agreement, Hill Street will issue $100,000 worth of Hill Street common shares at a deemed price per share equal to $0.1921.
New Hampshire lawmakers advance legalization bill
The New Hampshire House has given preliminary approval to a bill legalizing recreational marijuana, putting the state on the path to joining several of its neighbours who allow the possession of small amounts of pot. Lawmakers voted 209-147 Wednesday in favour of the bill that would legalize up to 1 ounce (28 grams) of recreational marijuana and 5 grams of concentrated cannabis. A cannabis control commission would be established to license and regulate cannabis businesses. Ten U.S. states have legalized recreational marijuana. A similar bill passed the House last year before dying in the state Senate. Democrats, who added legalization to their party platform last year, now control both chambers. Republican Gov. Chris Sununu has promised to veto the bill if it passes.
- Associated Press