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Tilray raises CA$60M to sharply boost global cannabis production
Tilray said it raised 60 million Canadian dollars ($47 million) in financing that will allow the licensed producer to ramp up marijuana production capacity nearly fivefold this year to meet…
News February 8
Grower could be first in New Mexico to lose medical marijuana license
The New Mexico health department is alleging that a medical marijuana grower submitted falsified audits and is taking steps to revoke the company’s license. Mother Earth Herbs denies it falsified audit reports…
News February 7
Hemp State Highlight: Nevada enjoying sky-high prices, but can farmers’ luck last?
Far from the flashy marijuana dispensaries in Las Vegas, hemp farms in rural northern and southern Nevada can’t keep up with booming demand for flower for CBD production. The result…
News February 7
Vermont hemp legal dispute snags processor
Hemp may be easy to grow, but raising a profitable crop is no slam dunk. That’s what a Vermont hemp processor is learning after a landowner sued him for not…
News February 7
South Korean lawmaker introduces bill to legalize medical cannabis
A lawmaker with South Korea’s ruling Democratic Party is attempting something that would have been unthinkable even one year ago in the socially conservative country — legalizing and regulating medical…
News February 7
Job growth in marijuana industry is skyrocketing
The total number of job postings for the U.S. cannabis industry increased by 445% in 2017, a study by job search website ZipRecruiter shows. The online job platform noted the…
News February 7
CBD confusion rallies conservative-state lawmakers
A raft of CBD-related measures are advancing in conservative states where lawmakers seem unwilling to wait for federal courts to decide the legal fate of cannabis-derived treatments low in THC.…
News February 7
India’s marijuana industry ‘just getting started,’ says executive
India’s leading purveyor of traditional medicine is trying to pry open the country’s medical and industrial cannabis markets and, in doing so, create the largest medical marijuana market in the world.…
News February 7
Stand-alone marijuana growers in vertically integrated markets seek alternate sales channels
To bolster their bottom line and maintain a solid position in the market, stand-alone marijuana cultivators in Nevada, Colorado and Oregon that don’t possess retail licenses are pushing for the…
News February 7
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