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Ohio OKs another medical cannabis qualifying condition, rejects 2 others
Ohio regulators have recommended adding cachexia, or wasting syndrome, to the list of conditions that qualify for medical marijuana recommendations, which could slightly increase sales for the state’s MMJ dispensaries.…
News June 11
Hexo posts improved third quarter with CA$19.5 million loss
Canadian cannabis cultivator Hexo Corp. posted a net loss of 19.5 million Canadian dollars ($14.5 million) for the quarter ended April 30 as recreational sales grew and operating expenses shrank…
News June 11
US cannabis retailers take mixed approaches amid pandemic-fueled downturn, with some eyeing costs and others spending more
As the U.S. economy struggles to recover from a recession spurred by the coronavirus pandemic, some cannabis retailers are looking for ways to cut costs while others are ramping up…
News June 11
Bonify resumes selling adult-use cannabis in Canada after suspension
Manitoba cultivator Bonify Holdings Corp. is again selling recreational cannabis in Canada, a little over a year after the company’s license to sell cannabis was suspended for sourcing illicit marijuana…
News June 10
Study: Denver cannabis companies mostly white-owned, lacking social equity
A study by Denver regulators highlighted that marijuana company ownership in the city and county is predominantly white, spurring a debate over the value of the analysis itself and how…
News June 10
Netherlands to open applications for cannabis grow experiment next month
The Dutch government will start accepting applications in July from potential cultivators for its adult-use cannabis experiment. From July 1 until July 28, companies will be able to apply to grow…
News June 10
Marijuana company Cresco Labs adds first person of color to board
Cresco Labs, a Chicago-based marijuana multistate operator, appointed Michele Roberts to its board of directors, making the executive director of the NBA players union the first person of color on…
News June 10
Oklahoma medical cannabis dispensary settles trademark dispute
Dank of Oklahoma, a medical marijuana dispensary in Tulsa, resolved a trademark suit by agreeing to drop its name, hexagonal logo and other marks likely to cause confusion with those…
News June 10
As marijuana class action lawsuits surge, experts stress accurate, forthright disclosures
Class action lawsuits against cannabis companies are rising, driven by industry growth, stock price volatility, regulatory uncertainties and preventable mistakes by the companies themselves. The trend shows little sign of…
News June 10
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