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Cannabis industry encouraged as DEA marijuana rescheduling hearings conclude
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2022 US hemp harvest projected to shrink by nearly half of last year’s
This year's U.S. hemp harvest is expected to shrink by 46% compared to 2021, according to commodity exchange PanXchange.
News November 2
Women, minority execs show few gains in US cannabis industry, report shows
The percentage of executive positions held by women and racial minorities in the U.S. cannabis industry remained little changed in 2022 compared to last year, according to a new report…
News November 2
Charlotte’s Web, Tilray sign Canadian manufacturing, distribution deal for CBD
Canadian cannabis producer Tilray Brands and Charlotte's Web Holdings entered a "strategic alliance" to license, manufacture and distribute the Colorado-based manufacturer's hemp-derived CBD products in Canada.
News November 2
Mississippi cannabis grower ordered to destroy $1 million worth of plants
The largest licensed medical cannabis grower in Mississippi was ordered to destroy about 5,000 plants, which state regulators estimated were worth roughly $1 million.
News November 2
Could US marijuana companies follow Canopy to the Toronto Stock Exchange?
Ontario, Canada-based licensed cannabis producer Canopy Growth's plans to launch Canopy USA to accelerate its acquisitions of three American marijuana companies and remain listed on a major stock exchange might…
News November 2
Moldy, untested cannabis flower recalled in Colorado’s second-largest city
Nearly 200 of batches of cannabis flower - some more than a year old - have been recalled after Colorado regulators discovered “potentially unsafe levels of total yeast and mold,”…
News November 1
SNDL successful in bid to acquire marijuana producer Zenabis
Calgary, Alberta-based SNDL said it successfully completed its acquisition of Zenabis Group.
News November 1
Cannabis producer Hexo reports CA$1.1 billion loss for year
Quebec-based cannabis producer Hexo Corp. reported a net loss of 102.4 million Canadian dollars ($75 million) for its fourth quarter, bringing the company's total loss for the year to CA$1.1…
News November 1
Polls suggest mixed results for adult-use marijuana legalization ballot measures
Unlike 2020, the marijuana industry appears less likely to record a clean sweep of victories when residents in five states head to the polls during this year's midterm elections to…
News November 1
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