Australia, Israel top destinations of Canadian medical cannabis exports
(This is the second in a two-part series on Canada’s medical cannabis exports. The first installment is available here.) Australia and Israel were the top markets for Canada’s medical cannabis exporters last year, as the quantity of flower shipped overseas...
Green Thumb settles contract with marijuana workers in Illinois
One of the biggest labor actions involving a U.S. marijuana company has been resolved. Employees at three Chicago-area Green Thumb Industries-owned Rise cannabis stores organized by the International Brotherhood of Teamsters and the company agreed to a multiyear...
CBD store opens second location at Atlanta airport
A CBD retailer has opened its second location at Hartsfield-Jackson International Airport in Atlanta. The SunMed Your CBD Store opened in August, replacing a vending machine location next to the main checkpoint at a domestic terminal at the world’s busiest airport,...
Fewer Kansas farmers growing hemp as CBD demand drops
Fewer farmers in Kansas are growing hemp because they see less demand for CBD oil. However, advocates told Kansas City, Missouri, radio station KCUR that the market for other types of industrial hemp, such as those used for clothing and animal feed, is growing....
Workers at Ascend marijuana store in Michigan ratify Teamsters union contract
Budtenders and delivery drivers at an Ascend Wellness Holdings store in Michigan ratified a contract with the International Brotherhood of Teamsters. The contract covers 20-25 employees at the Ascend Cannabis store on Scribner Avenue in Grand Rapids, Teamsters...
Opinion: Cannabis businesses could recoup millions on exit, thanks to ‘280E asset’
A combination of tax methods could help cannabis companies reduce their tax burden under Section 280E of the federal tax code. If recent case law is applied equitably, the cannabis industry could be sitting on millions of dollars in unclaimed federal tax refunds. The...
Missouri court upholds recall against embattled marijuana product maker
A Missouri circuit judge dismissed a court action by a marijuana extraction company seeking to halt a state recall on thousands of products containing its THC concentrate. Delta Extraction filed a motion Aug. 17 asking for a temporary restraining order against a...
United Kingdom CBD trade group calls for long-awaited regulations
The Association of the Cannabinoid Industry (ACI) trade group in the United Kingdom says the country’s Home Office is taking too long to implement a legal framework for CBD. Even though CBD has been sold in U.K. stores for about a decade, according to online...
At least 10 fake unions identified in California marijuana industry
At least 10 “labor organizations” that experts and observers have flagged as suspicious – and share characteristics in common with another “union” that state regulators declared fake in July – are signing required labor agreements with licensed California...
Cannabis ‘edibles’ crackdown takes bite out of Indiva’s sales
Canadian cannabis producer Indiva’s net revenue took a hit in the second quarter because of the loss of sales from its Life Lozenges brand stemming from Health Canada’s crackdown on “erroneously” classified edibles products. Indiva’s second-quarter...
Connecticut launches social equity loans for marijuana business properties
Connecticut has launched a new loan program to help qualifying marijuana social equity applicants as well as municipalities and nonprofits “rehabilitate, renovate, or develop unused or underused real property for use as a cannabis establishment.” The...Featured
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