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African marijuana producer signs supply deal with Canadian company
Toronto-based Nuuvera has signed an offtake agreement with Verve Dynamics, a licensed medical cannabis producer in the kingdom of Lesotho. Lesotho, a landlocked country located within the borders of South Africa,…
News February 27
Hemp company launches first cannabis line aimed at minorities
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…
News February 27
National cannabis legalization lawsuit thrown out by judge
A lawsuit against the federal government on which several cannabis legalization advocates had pinned their hopes has officially lost. At least its first legal battle, anyway. Judge Alvin Hellerstein, of the…
News February 26
Denver awards first marijuana social-use business permit
And the winner is … The Coffee Joint. That’s the moniker of a proposed coffee shop that wants to allow customers to vape cannabis and use edibles onsite under a social-use…
News February 26
Israeli cannabis exports now in prime minister’s hands; Trump pressure denied
A key Israeli parliamentary committee came to a consensus on the urgent need to approve medical cannabis exports – which insiders consider crucial for the creation of a sustainable MMJ…
News February 26
Washington state’s fledgling hemp program gets lifeline from legislators
Budget writers in Washington state’s House and Senate have restored money to oversee hemp, potentially ending uncertainty after the governor proposed cutting funding for the state’s hemp production program. The hemp…
News February 26
Chart: Canada fueling explosive growth in global marijuana industry funding
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…
News February 26
Cronos lists on Nasdaq, as US gets first ‘pure play’ marijuana stock on major exchange
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…
News February 26
California green lights surety bond program for state’s cannabis industry
California has approved its first insurer to provide surety bonds for marijuana businesses in the state. According to the Insurance Journal, Mayfield, Ohio-based Continental Heritage Insurance Co. has passed muster with…
News February 26
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