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Diversity is not the same as equity in US cannabis industry
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Charlotte’s Web picked as first CBD sponsor of Major League Baseball
Major League Baseball (MLB) and Charlotte’s Web Holdings, one of the best-known companies in the CBD industry, signed an agreement designating the Colorado company as the league’s first official CBD…
News October 12
Arkansas medical cannabis sales reach $23.9 million in September
Medical cannabis sales in Arkansas totaled $23.9 million in September, according to the latest report from the Department of Finance and Administration.
News October 12
TerrAscend closes $45.5 million marijuana debt financing
Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus Equity Group for gross proceeds of $45.5 million.
News October 12
Fewer than 10% of Canadian cannabis licensees exited market, government report shows
Just under 10% of federal cannabis license holders in Canada have exited the market since legalization in October 2018, according to new government data.
News October 12
Americans support Biden’s stand on marijuana reform, poll shows
A majority of Americans support President Joe Biden's move to reconsider marijuana's status as a Schedule 1 drug and to pardon those with federal MJ possession charges, according to new…
News October 11
Missouri NAACP calls on voters to reject adult-use cannabis ballot initiative
The Missouri NAACP is asking voters not to vote for Amendment 3, a ballot initiative that would legalize adult-use cannabis in the state.
News October 11
Detroit medical marijuana retailer suspended, fined for improper tracking
House of Mary Jane, a medical marijuana dispensary in Detroit, will be temporarily shut down and fined by Michigan regulators for not properly tracking its products.
News October 11
CBD company Charlotte’s Web signs distribution deal with liquor giant
Hemp-derived CBD product maker Charlotte's Web Holdings signed a distribution agreement with major liquor distributor Southern Glazer's Wine & Spirits.
News October 11
New Mexico cannabis sales top $39 million in September
Cannabis sales in New Mexico surpassed $39 million in September, with recreational marijuana accounting for $24 million of that total.
News October 11
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