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Hemp-CBD firm Charlotte’s Web replaces CEO after shareholder group’s revolt

Hemp-CBD products company Charlotte's Web Holdings has appointed Bill Morachnick as chief executive and board director, replacing Jacques Tortoroli, who resigned as CEO and from the company's board.

News September 13
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Canadian medical cannabis registrations at lowest level since legalization

Active medical cannabis registrations and overall spending on the medicine in Canada fell to their lowest levels since before recreational marijuana was legalized in late 2018.

News September 13
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It’s official: New York will open adult-use marijuana retail to multistate operators

New York regulators voted Tuesday to allow the state’s medical marijuana operators to apply for adult-use retail licenses.

News September 12
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August cannabis sales reach $24.9M in Connecticut and $21.6M in Maine

Connecticut and Maine both posted modest marijuana sales increases in August, according to the latest state data.

News September 12
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Leafly becomes latest from marijuana industry to consolidate shares

E-commerce platform Leafly Holdings is the latest publicly traded company in the marijuana industry to consolidate its shares to keep its listing on the Nasdaq stock exchange.

News September 12
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California expands grant funding to establish more local cannabis retail

California regulators are expanding grant access and funding for cities and counties to establish adult-use retail cannabis programs.

News September 12
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Once a marijuana enemy, DEA now key to rescheduling

The most significant shift in U.S. marijuana policy is drawing closer, but one major obstacle remains in reform's way: the Drug Enforcement Administration.

News September 12
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Missouri cannabis labs can’t test safety of recalled products, experts say

Cannabis testing experts say Missouri labs aren't able to test the safety of products allegedly containing hemp-derived distillate, such as the recently recalled goods made by Delta Extraction.

News September 11
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New Jersey is poised to finally legalize most marijuana edibles

Marijuana-infused drinks, baked goods and other familiar THC edibles apparently are finally on their way to New Jersey.

News September 11
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