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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Missouri lawmakers push for more medical marijuana licenses
A group of Missouri lawmakers wants to substantially increase the number of medical cannabis business permits for the market, arguing the state imposed an arbitrary cap that resulted in a…
News May 12
Cannabis banking included in House Democrats’ $3 trillion coronavirus stimulus bill
A provision that would permit banks to serve state-legal marijuana businesses without fear of federal reprisal is part of a $3 trillion coronavirus stimulus bill announced Tuesday by U.S. House…
News May 12
How coronavirus crisis is affecting marijuana launches, licensing in ME, IL, MO
COVID-19 has delayed medical and recreational cannabis launches and licensing rounds around the U.S. in the short term as state and local jurisdictions scramble to complete the tasks and paperwork necessary…
News May 12
GW Pharma trims loss to $8 million, warns virus could hit sales
GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could impact…
News May 12
Maine drops adult-use marijuana residency requirement after legal challenge
Maine regulators said they will stop enforcing recreational marijuana residency requirements, a move that came after counsel determined the state is unlikely to win a legal challenge over the matter.…
News May 12
Canadian cannabis producer Tilray’s net loss improves to $184 million
Nanaimo, British Columbia-headquartered Tilray reported a net loss of $184.1 million for its quarter ending March 31, an improvement from the previous period’s $219.1 million loss. Tilray’s adjusted EBITDA loss…
News May 12
Ontario Cannabis Store adding seeds to catalog to ‘breathe life into category’
The Ontario Cannabis Store is aiming to create a “robust” regulated marketplace of seed varieties in an attempt to wrest market share from entrenched illicit sellers. The provincial wholesaler is…
News May 12
Chart: Medical marijuana sales, patient counts hold steady in Maryland
Maryland’s medical cannabis market remains one of the strongest in the United States, with the robust sales and patient increases of 2019 persisting into a tumultuous 2020. Sales in Maryland…
News May 12
Cannabis producer Canopy Growth parts ways with two executives
Two of Canopy Growth’s top executives have departed the company.
News May 11
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