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Hemp operators are already unwinding ahead of federal ban
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Iowa governor signs bill expanding medical marijuana THC formula
Iowa Gov. Kim Reynolds signed into law a bill that replaces the 3% THC cap with a per-patient limit of 4.5 grams of THC for a 90-day period, but it’s…
News June 30
Exclusive: US retail marijuana sales on pace to rise 40% in 2020, near $37 billion by 2024
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $15 billion by the end of 2020, an increase of approximately 40% over 2019…
News June 30
Ways to shake up cannabis firms and keep as many workers as possible
The coronavirus pandemic has caused the cannabis industry to focus on operational efficiency rather than rapid growth, a shift that has resulted in layoffs in California and other locations across…
News June 29
Alberta’s online cannabis store pauses chocolate sales due to melting concerns
Alberta’s government-operated online cannabis retailer is pausing internet sales of cannabis-infused chocolates for more than two months, citing the effects of summer heat on chocolate shipments to consumers. “To avoid…
News June 29
Cresco CEO: How marijuana firms can ‘slingshot’ out of recession, pandemic
If cannabis companies can survive this “giant curveball” and economic downtown, those businesses can “slingshot out of it” in better shape and with more opportunities than before the coronavirus. That…
News June 29
California cannabis regulators extend license fee deferrals amid coronavirus
The three regulatory agencies that oversee California’s marijuana industry said Monday they’re again offering license fee payment deferrals for up to 60 days – this time for business permits that…
News June 29
Auxly Cannabis latest Canadian firm to reel in international footprint
Toronto-based Auxly Cannabis is the latest Canadian cannabis company to take a critical look at its international footprint.
News June 29
San Diego creates new marijuana business regulatory agency
San Diego has joined cities such as Los Angeles, Sacramento and San Francisco in creating a cannabis-specific agency to oversee its marijuana industry. The city’s fledgling Cannabis Permitting Bureau will…
News June 29
Acreage completes New Jersey medical cannabis acquisition
Multistate marijuana operator Acreage Holdings said it has closed on a deal to acquire a New Jersey medical cannabis operation for $10 million, plus the assumption of debt. The acquisition,…
News June 29
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