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In major shift, UN drug chief questions whether control treaties involving cannabis are out of date
The president of the narcotics enforcement agency of the United Nations is questioning whether the agency's decades-old drug conventions are outdated given global policy developments in recent years involving drugs such as…
News February 27
Deadline looms for Guam’s recreational cannabis rules
Guam’s Cannabis Control Board is preparing a public hearings schedule to discuss draft regulations to govern the territory’s adult-use marijuana industry.
News February 27
Multistate cannabis operator MedMen reports $96 million loss
California-based MedMen Enterprises, a once-thriving multistate marijuana retailer, released a “grim” quarterly financial report that detailed a whopping $96.4 million net loss in its fiscal 2020 second quarter. That loss was 49.3%…
News February 27
Australian firm signs binding cannabis supply deal with Germany’s Demecan
Perth, Australia-based Little Green Pharma has signed a binding three-year supply deal with German medicinal cannabis company Demecan. The purchase agreement with Demecan is for any combination of 1,000 kilograms…
News February 27
What marijuana companies can learn from federal legalization of hemp
The nationwide legalization of hemp in 2018 offers marijuana companies lessons in preparing for a highly scrutinized, commodity-driven industry that likely will reward nimble, well-run companies.
News February 27
Vermont House gives initial OK to recreational cannabis sales, putting state on track to $160M market
The Vermont House of Representatives on Wednesday gave initial approval to legislation that would legalize adult-use marijuana sales, paving the way for a potential $130 million-$160 million market within five…
News February 26
The science of medicinal, lifestyle cannabis products at the forefront of sixth annual Emerald Conference
The Emerald Conference, which focuses on how science and data support several sectors of the cannabis industry, kicked off Wednesday in California. The event, now in its sixth year, is…
News February 26
Judge temporarily halts Arkansas medical marijuana licensing
An Arkansas judge has temporarily stopped the state from issuing more medical marijuana licenses in response to a lawsuit filed by a cannabis firm whose MMJ dispensary license application was…
News February 26
California cannabis delivery giant Eaze raises $35 million
Eaze, a big player in California’s marijuana delivery industry, said it raised $35 million in its bid to become a vertically integrated company and launch its own cannabis retail brands.…
News February 26
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