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Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Marijuana packaging group KushCo to restate financial results, report fiscal Q2 2019
KushCo Holdings, a California-based cannabis packaging company, said it is restating its results from both fiscal 2018 and 2017 to reflect accounting errors stemming from previous acquisitions. The result is…
News April 9
Bill to limit medical cannabis THC going to full Florida House
A measure to restrict the strength of smokable medical marijuana is heading to the Florida House floor, a move that could curb retail sales of MMJ. The House Appropriations Committee…
News April 9
Green Thumb Q4 sales climb 237% amid expanding marijuana operations
Green Thumb Industries, a Chicago-based multistate cannabis company, reported revenue of $20.8 million for the fourth quarter ending Dec. 31, 2018, up 237% from the same period a year before…
News April 9
CT adult-use cannabis measure clears committee hurdle; prospects unclear
Legislation that could ultimately lead to legalized recreational marijuana in Connecticut has advanced. The General Assembly’s Judiciary Committee voted 21-19 in favor of a bill that outlines how marijuana use…
News April 9
Colorado lawmakers advance marijuana delivery, social consumption bills
A key Colorado House panel has narrowly approved two bills that would open up business opportunities by allowing cannabis home delivery and on-site consumption. Both measures were passed by a…
News April 9
Canadian cannabis wholesalers report CBD shortage, while imports lag far behind
Provincial wholesalers and medical patients in Canada report a shortfall of CBD products for the nonmedical and medical markets, and new data released to Marijuana Business Daily suggests imports aren’t…
News April 9
Medical cannabis study: Fewer licensees needed to meet potential low MO demand
Missouri will need only 24 to 29 medical marijuana cultivators and 114 to 132 dispensaries to meet patient demand, which a new study predicts will fall far below expectations. Only…
News April 9
Alberta weighing marijuana cultivation grants via agricultural partnership
Alberta is weighing whether to allow cannabis cultivators based in the province to apply for Canadian Agricultural Partnership (CAP) cost-sharing grants, though a decision will not be announced until after…
News April 9
Chart: Low prices, lack of investment stifle cannabis growing capacity in Washington state
Many of Washington state's recreational cannabis cultivators are using half or less of their licensed canopy, driven in part by low wholesale prices and a dearth of available capital investment,…
News April 9
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