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Aurora Cannabis bats away two fake news stories 👀

Plus, High Times searches for an Editor-in-Chief

Happy Friday, everyone.

We hope you got some time off with friends and family for Juneteenth yesterday. In today’s, we have perhaps the most bizarre story we’ve covered in our daily newsletter. It’s a cautionary tale for journalists. 

Later this morning, tune in to This Week in Cannabis News powered by Dutchie on our YouTube and LinkedIn channels.

Let’s get to it. 

-JB, JR, and ZH

This newsletter is 875 words or about a 7.5-minute read. 

Today’s newsletter made possible by:

💡What’s the big deal?

FAKE NEWS
Aurora Cannabis denies two fake news stories published on Investing.com 

It’s journalism in 2025: Canadian firm Aurora Cannabis denied two false stories published on Investing.com this week. 

The first story, posted on Wednesday, claimed Aurora agreed to acquire MedLeaf Therapeutics, an Australian medical cannabis firm, for $215 million in cash and stock.

Another story, published later on Wednesday, claimed Aurora entered into a strategic partnership with MediPharm GmbH to supply cannabis to the German medical market.

Both stories are false, Aurora said in a pair of statements. 

Wait, what? In a disclaimer below the stories, Investing.com said the stories were written by AI trolling through SEC filings, but checked by a human editor. MJBizDaily also wrote its own story on the claim, but evidently neither publication reached out to Aurora for comment. 

Meta data from a Google search shows the MJBiz story, but it was quickly deleted. The Investing.com stories were deleted as well. Neither publication responded to a request for comment on Thursday. 

Aurora as well sent a note to reporters on Thursday evening asking them to verify any further information before reporting further about the company. 

What they’re saying: “Aurora confirms that it is not in possession of material non-public information and advises investors that Investing.com should not be considered a credible source of information regarding the Company,” it said in a statement.

“Any information regarding material corporate transactions will be announced directly by the Company to the market as soon as it is appropriate to do so.”

Our take: Human journalists of course get things wrong. Being transparent about those mistakes is critical to building reader trust. But letting AI report stories unchecked — and then aggregating those stories for other publications — is how misinformation travels.

It’s a cautionary tale for journalism in 2025. We’ll aim much higher at Cultivated. 

-JB/ZH

Quick hits

Maryland governor announces thousands of cannabis pardons 🚔

Governor Wes Moore announced on Juneteenth that he planned to issue almost 7,000 pardons for misdemeanor cannabis possession. Last year, he pardoned about 175,000 individuals with cannabis convictions. 

California offering cannabis research grants 💰

California's Department of Cannabis is now accepting applications for 2025 cannabis research grants with the goal of “expanding academic knowledge” of cannabis and cannabis legalization policy. The state is offering up to $30 million in grants for proposals to research the implementation and effects of cannabis legalization. The application deadline is August 8

Congressional Research Service says federal spending bill would kill hemp 🥊

THe Congressional Research Service says a new spending bill would effectively prohibit hemp-derived cannabinoid products federally. The bill cleared a subcommittee but has not passed the full Appropriations Committee. Rep. Andy Harris, a Maryland Republican, added language into the bill that he says would close the “hemp loophole” created by the 2018 Farm Bill.

🚀 Deals, launches, partnerships

Cann drops infused Aperol Spritz alternative 🍹

Cannabis-infused beverage company Cann is moving into bottles, not Cans. Earlier this week, the company released an infused Aperol-like Citrus Spritz, infused with 60 mg of hemp-derived THC. It’s clearly a push into a less cannabis-focused and fancier clientele, at $64 per bottle. Still, it’s cool to see the product category of THC-infused spirits evolve. You can find it on Cann’s website. 

And more:

  • Canadian cannabis firm Auxly says it entered into two agreements with its BMO-led credit facility and Imperial Brands that will reduce its debt and strengthen its balance sheet. More here. 

🧪 Science & research

Cannabis can kill mosquitoes ☠️

Cannabis is harmful in a way we can actually celebrate. Researchers at Ohio State University found that CBD eradicated pesticide-resistant mosquito larvae when added to their water source.

🧳 People moves

High Times searches for a new Editor-in-Chief 📒

Josh Kesselman, the founder and CEO of RAW Rolling papers, purchased High Times this week for $3.5 million. He’s now looking for a new editor-in-chief with partner Matt Stang — but he says the job isn’t about profit, it’s about connection, and reinventing a hallowed magazine for the modern era. If that sounds like you, reach out to Josh.

🍬 One fun thing

World's biggest gummy weighs in at 278 pounds 🧸

Oklahoma's Kosmik Brands unveiled what it says is the world's biggest THC gummy at a non-profit fundraiser event on June 13. The company said that it actually made two giant-sized gummies, one to keep as a monument and the other to dice up and sell for the fundraiser. There was no word on how much of a track-and-trace nightmare a 278-pound gummy would be.

📰 What we’re reading

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