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Why a cannabis business is betting on dogs to reach FDA approval
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Canadian cannabis edibles sales top CA$100 million in first year
Canadians purchased 109 million Canadian dollars ($87 million) worth of recreational cannabis edibles in 2020, the first full year they were available in the country, according to data recently published…
News April 23
New York’s marijuana social equity program eyed as possible game changer
New York recently enacted an adult-use marijuana law that many industry experts believe has the most robust provisions yet for including minorities, women, war veterans and struggling farmers in the…
News April 23
General Cannabis enters retail business via $39.5 million Trees deal
A Denver marijuana wholesale and consulting company broke into the retail side of the industry by agreeing to purchase a cannabis retailer with operations in Colorado and Oregon.
News April 22
Florida’s highest court rejects adult-use marijuana ballot measure
Florida Supreme Court delivered a crushing blow to an effort to put adult-use marijuana legalization on the ballot in 2022, ruling that the initiative is “misleading.” The 5-2 decision means…
News April 22
Cannabis MSO Verano makes $175M expansion move in Pennsylvania
Acquisition activity in Pennsylvania continues at a brisk pace, with Illinois-based Verano Holdings making a big move to add marijuana cultivation and retail capacity in the state through two deals…
News April 22
Key US senator downplays hopes for quick action on marijuana banking bill
The head of the U.S. Senate Banking Committee threw cold water on hopes for speedy action in the upper chamber on a major marijuana banking reform bill the U.S. House…
News April 22
The impact on cannabis company stocks if Section 280E is scrapped
No longer applying Section 280E of the Internal Revenue Code to the legal cannabis industry would be a big benefit to companies and investors, right? Yes, but not in the…
News April 22
How cannabis extraction companies can reduce energy costs
Energy is one of the largest costs for any cannabis manufacturing facility, and power consumption is a large part of how the marijuana industry is having a negative impact on…
News April 22
Virginia governor signs recreational cannabis bill
Virginia Gov. Ralph Northam on Wednesday signed legislation legalizing a potential $1.4 billion adult-use marijuana market that could start as soon as Jan. 1, 2024.
News April 21
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