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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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New Zealand allows cannabis vaporizers approved by overseas regulators
New Zealand has followed through with its plan to update a rule banning certain cannabis vaporizers ahead of the launch of the country’s medical marijuana program in April. The move…
News March 31
Health Canada says cannabis labs willing to assist in COVID-19 testing
Federally regulated cannabis labs have answered Health Canada’s call for assistance in supporting COVID-19 testing, and the agency is currently assessing the facilities’ capabilities. “Several labs have responded indicating their…
News March 31
Chart: Michigan’s early recreational marijuana sales a fraction of their future potential
Michigan sold more than $31 million in adult-use cannabis during its first three months of sales, though the state is still working out the kinks in this developing market.
News March 31
Cannabis firm Cronos’ quarterly gross loss grows to $20.4 million
Canadian cannabis firm Cronos Group reported a gross loss of nearly $20.4 million for the fourth quarter ending Dec. 31, 2019, widening from a restated gross loss of $14.8 million (CA$21…
News March 30
Cannabis giant 4Front cuts workforce, appoints new CEO
Multistate marijuana operator 4Front Ventures on Monday said it has slashed its corporate workforce by almost 40% and cut the number of employees at its recreational and medical cannabis stores…
News March 30
US marijuana firm Columbia Care to list on Canadian Securities Exchange
Columbia Care, a New York-based multistate marijuana operator, said it will start trading on the Canadian Securities Exchange on Tuesday.
News March 30
Hexo needs more capital; shareholders to be further diluted
Hexo Corp. (TSX: HEXO) disclosed that it needs to raise an additional CA$23.6 million - at least - just to satisfy cash needs for fiscal 2020, which total CA$105 million.
News March 30
Illinois extends adult-use cannabis licensing process
The application deadline for a number of Illinois' recreational cannabis business permits has been extended by a month during the coronavirus crisis.
News March 30
Massachusetts gov urged to reopen adult-use marijuana shops
Massachusetts Gov. Charlie Baker received requests from two different groups to reverse a decision and declare recreational cannabis businesses as “essential” and, thus, allow adult-use companies to remain open during the…
News March 30
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