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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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PharmaCielo gets new CEO after revenue collapses; Khiron reports loss
PharmaCielo and Khiron Life Sciences – Toronto-based companies with their main operations in Colombia – reported losses this week for the quarter ending in September. PharmaCielo reported revenue of only…
News December 1Tilray adds dronabinol to German product portfolio
Canadian cannabis producer Tilray is offering dronabinol in the German medical cannabis market, according to a notice in the German trade publication Apotheke AdHoc. Tilray’s dronabinol is plant-derived – like…
News December 1Michigan adult-use cannabis sales exceed $400 million in first year
Adult-use cannabis sales in Michigan totaled nearly $440 million in the first full year of the program and already are on pace to nearly double in the second year.
News December 1Pennsylvania medical marijuana research venture gets OK from state
Pennsylvania regulators gave the green light to a company that intends to delve into medical marijuana research, potentially opening the door for much more industry product development. Organic Remedies has…
News December 1Premium-priced cannabis products take a larger share of overall flower sales
Even during tough economic times, marijuana consumers are turning to higher-priced flower products - a signal that cannabis users are increasingly willing to spend more money on such merchandise.
News December 1Arkansas reaches $187 million in medical cannabis sales
Arkansas’ slow-starting medical marijuana market is growing, with more than 80% of the state’s dispensaries now open and sales reaching a cumulative total of $187 million since the program launched…
News November 30Zenabis selling cannabis facility for half original asking price
Vancouver, British Columbia-based Zenabis Global reached a conditional agreement for the sale of its facility in Delta, B.C., for what appears to be half the original listing price. The conditional…
News November 30VA recreational marijuana market would need 5 years to mature, report says
A working group in Virginia is estimating it will take up to five years for a recreational marijuana program to get established in the state.
News November 30New Jersey court tosses medical cannabis licensing issue back to state
A court ruling in New Jersey could prompt regulators to resolve some of the lingering litigation over medical cannabis licensing in advance of the launch of a recreational marijuana program…
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