Nevada retailers sold nearly $200 million worth of recreational cannabis since adult-use sales began six months ago, surpassing the total revenue generated by Colorado and Washington state in the early months of their recreational markets.Read More
Massachusetts defers recreational marijuana delivery and onsite consumption, Arkansas approves five medical cannabis cultivators, and Washington state grants its floundering hemp program a reprieve. Here’s a closer look at some notable developments in the marijuana industry over the past week. An ‘elegant’ solution The decision by Massachusetts regulators to delay licensing for stand-alone marijuana delivery […]Read More
Canopy Growth, the largest medical cannabis company in the world by sales, is planning to list its shares on the Nasdaq, a move that would make it only the second vertically integrated MMJ business to be traded on a top American stock market. CEO Bruce Linton disclosed his Nasdaq aspirations in a speech to the […]Read More
Kentucky checks all the boxes for nourishing a hemp revival.
Climate suited to the plant? Check. Friendly regulations from a state willing to experiment and invest in hemp? Check.
Lots of cheap land and a processing infrastructure that includes in-state decortication and CBD extractors? Check and check.
So why do some agronomists fear that Kentucky has reached its hemp zenith?
One arena in which the cannabis industry has struggled to make serious gains is the stock market. Most plant-touching companies that are also publicly traded still live on the over-the-counter markets, dreaming of the day when they’ll graduate to the Nasdaq or the New York Stock Exchange. Derek Peterson is no exception. As the founder […]Read More
At a time when the U.S. Department of Justice is increasingly hostile toward the marijuana industry, experts said the best way for MJ businesses to keep federal law enforcement at bay is compliance with state laws and best business practices. One important way to do that is through insurance, which more states are requiring marijuana […]Read More
A North Carolina company is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The Hemp Excellence line of body lotions, lip balms and CBD capsules went on sale this month at two beauty shops that cater to women of color in Winston-Salem, North Carolina. […]Read More
Investment activity in the cannabis industry has been increasing for several years, but 2018 is on pace to shatter previous records, as global financing in marijuana-related businesses topped $1.4 billion just six weeks into the New Year.Read More
A Canadian marijuana company will become the first “pure play” cannabis listing on a major U.S. stock market, an important milestone for the cannabis industry.
Cronos Group, one of Canada’s largest vertically integrated medical marijuana companies, will start trading Tuesday on the Nasdaq Global Market under the symbol CRON. Cronos will maintain its listing on Toronto’s TSX Venture Exchange.Read More
The marijuana industry is fighting a high-stakes court battle to force the Israeli government to approve medical cannabis exports sooner rather than later. The decision by industry advocates to go to court comes as Israeli lawmakers prepare to debate the country’s medical cannabis export policy on Monday. The outcome is huge for dozens of international […]Read More
The Trump administration opposes nationwide hemp production, California takes action against unlicensed marijuana businesses, and Massachusetts fears a medical cannabis shortage. Here’s a closer look at some notable developments in the marijuana industry over the past week. Hemp sector fires back The hemp industry gasped this week when a Trump administration official said hemp production […]Read More
A bill to regulate the production of medical marijuana in Malta would make the country among the first in the European Union to lay the groundwork for cannabis manufacturing and position it as a supplier in the 28-nation bloc, according to executives and analysts. The Production of Cannabis for Medicinal Use Act, which would apply […]Read More
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