New Yorkers will likely have to wait another year before getting legal weed. The state’s governor, Andrew Cuomo, said Tuesday that legalization for recreational marijuana use will not be included in this year’s budget deal.  “Not likely,” the Democrat said at a press briefing on the COVID-19 pandemic. “Too... Read more
Colorado regulators have now decided that the state’s recreational marijuana dispensaries can reopen, following a previous order that limited the retailers to curbside pickup. The executive order for nonessential businesses to close was originally issued by Gov. Jared Polis on March 22 in an attempt to contain the spread... Read more
Editor’s Notebook: CBD makers can learn from others’ marketing miscues
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the March issue of Marijuana Business Magazine.) It’s hard not to laugh some days at the onslaught of novel CBD products. Folks are advertising the cannabinoid in a head-scratching array of products,... Read more
Quick guide to federal aid available to hemp businesses impacted by coronavirus
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can... Read more
Former NFL player Kyle Turley believes CBD can prevent and cure coronavirus—and he’s not backing down on that clinically unsubstantiated claim despite pushback from marijuana legalization supporters and prohibitionists alike. In fact, he accused those advocates of cowardice, alleging in an interview with Marijuana Moment that they’re afraid of... Read more
Marijuana legalization is “not likely” to be included in the final budget in New York, Gov. Andrew Cuomo (D) said on Tuesday, explaining that the issue proved too complicated as the state grapples with the coronavirus. Another sign that the policy change isn’t happening as Cuomo and advocates had... Read more
Marijuana legalization is “not likely” to be included in the final budget in New York, Gov. Andrew Cuomo (D) said on Tuesday, explaining that the issue proved too complicated as the state grapples with the coronavirus. Another sign that the policy change isn’t happening as Cuomo and advocates had... Read more
BRN maintains interest in Green Growth’s CBD business, but transaction likely stalled
The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the... Read more
Tilray, Inc. Releases 11 Million Shares From Lock-Up Agreement NANAIMO, British Columbia, March 31, 2020-(BUSINESS WIRE)–Tilray, Inc. (NASDAQ: TLRY) (“Tilray”), a global pioneer in cannabis production, research, cultivation and distribution, today announced that the Board of Directors of Tilray unanimously approved the pro rata release of 11 million shares... Read more
CannTrust Obtains Initial Order under Companies’ Creditors Arrangement Act (Canada) Order Stays Creditors and Litigation Plaintiffs from Enforcing Claims VAUGHAN, ON, March 31, 2020 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST,NYSE: CTST) announced today that the Company has obtained an order (the “Initial Order”) from... Read more



( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )