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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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Canada awaits hemp boom, with companies pivoting to capitalize on CBD
Excitement about hemp’s market potential is white-hot in Canada, where hemp production already overwhelms the United States and changing regulations could unleash a huge new market for CBD products. Company…
News November 9
CA treasurer pushes state-run bank for cannabis businesses
California’s state treasurer isn’t waiting on the federal government to solve marijuana businesses’ banking problem. Treasurer John Chiang and members of a working group he formed are calling on California officials to…
News November 8
IBM suggests blockchain for tracking Canadian marijuana
Tech titan IBM is pitching blockchain technology as a supply-management tool for British Columbia’s recreational and medical cannabis industry, a possible sign that Big Blue is eyeing Canada as a…
News November 8Hemp wins unanimous approval in Wisconsin Senate
Hemp is cruising through the Wisconsin state legislature, where the Senate voted 33-0 to approve cultivation of the new crop. The Wisconsin bill hemp bill now heads to the Assembly,…
News November 8Cannabis consumer website Leafly lays off 15 employees, hires CEO
The popular marijuana consumer website Leafly has laid off 15 employees and hired a tech entrepreneur to lead the Seattle company as its new CEO. The job reduction – unusual…
News November 8
Leading US marijuana retailer LivWell takes ‘significant’ ownership stake in Canadian producer
One of the largest marijuana retailers in the United States has acquired a “significant” equity stake in an Alberta cannabis producer, a move that could pave the way for other U.S.…
News November 8Canadian group offers marijuana advertising-marketing guidelines
A group representing 17 of Canada’s licensed marijuana cultivators proposed guidelines to govern the advertising and marketing of legalized cannabis products, accessories and services. If endorsed by the federal government, the…
News November 8CBD products are usually mislabeled, study finds
Most CBD products sold online don’t contain the promised amount of CBD, a potential red flag for regulators deciding whether to crack down on a product commonly used for medical…
News November 8
Election results: Recreational cannabis legalization strong possibility in New Jersey + wins in Detroit
New Jersey is poised to legalize recreational marijuana after a pro-cannabis candidate won the state’s gubernatorial race Tuesday night, giving the MJ industry a potentially huge win in what could…
News November 7
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