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Nevada lawmakers approve marijuana consumption lounges

A bill allowing for marijuana consumption lounges was among a flurry of last-minute measures approved by Nevada lawmakers before they adjourned for the year.

News June 3
Chart showing the breakdown of products containing CBD by ratio sold a recreational marijuana retailers.

Sales of CBD-only products declining in recreational marijuana shops

Sales of CBD-only products at recreational marijuana retail outlets have been falling since 2018 in four Western states as more of these goods move into mainstream stores and online, according…

News June 3
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Medical cannabis reimbursements for Canadian veterans soar past CA$100 million

Medical cannabis reimbursements by Veterans Affairs Canada reached an all-time high last year, offsetting an overall decline in spending among the general population.

News June 3
cannabis carbon trading

How playing in the carbon markets can benefit cannabis producers

Carbon is a hot commodity – literally. And it’s become the biggest buzzword in agriculture in recent months, as the potential for paying farmers to sequester carbon through environmentally responsible…

News June 3
Hexo CEO Sebastien St. Louis

Debt market cautious about Hexo’s ability to integrate cannabis acquisitions

Last week, Hexo Corp. (TSX: HEXO; NYSE: HEXO) closed a public offering of $360 million principal amount of senior secured convertible notes maturing May 1, 2023.

News June 2
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Amazon endorses federal marijuana legalization, softens drug-testing policy

U.S. cannabis industry and federal lawmakers take notice: The nation’s second-largest company is embracing nationwide marijuana legalization. Online retail giant Amazon on Wednesday endorsed the U.S. House of Representatives’ federal…

News June 2
Image of a marijuana leaf over money

New Mexico cannabis business spending $20 million-plus on expansion

New Mexico cannabis producer and retailer Ultra Health is spending more than $20 million to expand in anticipation of the state's upcoming adult-use market.

News June 2
Image of a delivery van

Massachusetts taking applications for marijuana delivery licenses

Massachusetts marijuana regulators are taking applications for cannabis delivery operators, a license type that's earmarked for social equity participants and economic empowerment applicants for the first three years of the…

News June 2
Mendocino County, California hills

Thousands of rural California farmers still blocked from joining legal marijuana market

Almost 3½ years after California legalized recreational marijuana, the regulatory system governing the industry has proved so restrictive and costly that thousands of existing rural farmers have been unable to…

News June 2
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