Harvest execs surrender stock options for reprice, redistribution

Published February 4, 2020 | By Craig Behnke and Mike Regan Three key executives at Harvest Health & Recreation will surrender a total of 2.4 million stock options back to the company – without compensation – so the options can be redistributed to employees throughout the business. It’s a novel concept, but common equity holders will still be diluted. By taking this action, Chair Jason Vedadi, CEO Steve White and operational leader Joe Sai are Read More

Short and Long-Term Side-Effects & Treatment of Addiction

SOURCES: National Institute on Drug Abuse: “A Cognitive-Behavioral Approach: Treating Cocaine Addiction,” “Treatment Approaches for Drug Addiction,” “What Are Stimulants?” “What are the long-term effects of cocaine use?” “What is Cocaine?” Foundation for a Drug-Free World: “Effects of Cocaine.” Center for Substance Abuse Research: “Cocaine (Powder).” SAMHSA/CSAT Treatment Improvement Protocols: “Detoxification and Substance Abuse Treatment.” Narconon: “Signs and Symptoms of Cocaine Use.” UpToDate: “Cocaine use disorder in adults: “Epidemiology, pharmacology, clinical manifestations, medical consequences, and Read More

Physical & Mental Effects, Signs of Abuse

SOURCES: National Institute on Drug Abuse: “Methamphetamine Abuse and Addiction,” “Drug Facts: Methamphetamine,” “Methamphetamine,” “Easy-to-Read Drug Facts.” Partnership for Drug-Free Kids: “Crystal Meth.” Drug Enforcement Administration: “Drug Fact Sheet: Methamphetamine.” Foundation for a Drug-Free World: “The Truth About Crystal Meth and Methamphetamine.” News release, Substance Abuse and Mental Health Services Administration. The Meth Project: “How to Spot a User,” “Find Help.” NIDA for Teens: “Drug Facts: Methamphetamine (Meth).”

Aurora shifts to survival mode with CEO change, guide down on earnings and plan to attain positive EBITDA

Published February 6, 2020 | By Craig Behnke and Michael Regan It was a day of big moves for Canadian cannabis giant Aurora. The company announced: We believe it was part of a necessary move for survival. (Download a transcript of the conference call about these announcements here.) CEO experience shift Aurora Cannabis tapped Executive Chair Michael Singer to serve as interim CEO as the company launches its search for an experienced CPG executive to Read More