Kentucky governor forms medical marijuana advisory committee
Kentucky’s governor appointed 17 people to serve as his advisers on establishing a medical marijuana policy for the state.
Workers unionize at Green Thumb marijuana store in Illinois
Employees at a Green Thumb Industries’ Rise marijuana store in Joliet, Illinois, voted to join Teamsters Local 777.
Cannabis producer Hexo loses CA$146 million in quarter, sees executive exodus
Hexo Corp. reported a net loss of 146 million Canadian dollars ($112 million) for its February-April quarter, bringing the Canadian cannabis producer’s loss for the first nine months of its 2022 financial year to CA$953.8 million.
Marijuana grower Bright Green tumbles to Earth after initial Nasdaq stock surge
Bright Green Corp. made history last month as the first plant-touching marijuana business to trade on a major U.S. stock exchange, and its market value soared as a result – to $9 billion at one point.
But the Florida-based company’s shares have since plunged on the Nasdaq, from nearly $60 to the low single digits.
NM company sues to force health insurers to cover medical cannabis
A licensed medical cannabis company in New Mexico known for its lawsuits has filed another, this time in an attempt to force seven major insurance companies to reimburse about 74,000 patients in the state for their MMJ products.
Colorado’s marijuana sales decline continues
Colorado marijuana sales have been on a sharp decline over the past year, and April marked the 11th month in a row for the downward trend.
FDA takes another look at CBD, but insiders are skeptical much will change
U.S. health regulators are taking their closest look in more than three years at the idea of incorporating cannabinoids into dietary supplements.
