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Canadian cannabis firm Canopy sees stock soar on revenue growth
Canadian marijuana giant Canopy Growth on Friday reported fiscal third-quarter net revenue that soared 62% from the second quarter, jumped 49% from its third quarter in 2019 and drove up its stock…
News February 14
Former UN drug policy chief joins Thai cannabis company as president
A former head of the United Nations body responsible for international drug treaty compliance has been hired as president of Thailand's leading medical cannabis company, lending a significant voice to…
News February 14
Medical cannabis business opportunities could swell in several states this year
Several states could expand their medical cannabis programs this year through new laws or regulatory policies, opening the door to additional business licenses, more sales for existing cannabis operators and…
News February 14
California unions ask state’s Democrats to shut out major cannabis trade group
The California Cannabis Industry Association might have a serious political problem in Sacramento.
News February 13
Aurora Cannabis: EBITDA targets will be difficult to achieve
What Aurora has to do in terms of sales and expenses in order to produce that level of EBITDA will be tough given its current cost structure, consumers trending to…
News February 13
Alabama lawmakers to consider medical marijuana bill
A Republican state senator introduced a bill to legalize the sale of medical cannabis in Alabama. The legislator, Sen. Tim Melson, also sponsored a medical marijuana bill in 2019. That measure…
News February 13
Canadian cannabis company Invictus granted creditor protection
Another Canadian marijuana producer is in financial straits. Vancouver, British Columbia-based Invictus Group has been granted creditor protection so it can conduct a strategic review to address near-term liquidity issues. Analysts…
News February 13
New Mexico medical marijuana businesses had issues with failed recreational legalization bill
While legalizing recreational marijuana in New Mexico appears dead until 2021, this year’s legislative measure was problematic enough that even the state’s leading medical marijuana operator had deep concerns. Duke…
News February 13
New Mexico plan to legalize recreational cannabis sales is derailed
A key Senate subcommittee in New Mexico voted against legalizing the sale of adult-use marijuana in the state, likely killing any chance of legislation being adopted this year. The committee…
News February 13
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