Former congressman and presidential candidate Beto O’Rourke proposed at the Democratic Party’s presidential debate on Tuesday night that opioids could be replaced with cannabis for some patients. O’Rourke’s suggestion came during a discussion about the nation’s ongoing opioid crisis during Tuesday’s face-off between the 12 leading Democratic candidates. The... Read more
For Canada’s recreational cannabis consumers, a long-awaited day is just on the horizon. On October 17, 2019 one full year after Canada’s world-historic legalization of cannabis went into effect, licensed companies will finally be able to produce and sell edibles and other cannabis derivatives, such as extracts and topicals.... Read more
Weed smokers living in Quebec are about to see much lower prices in the legal market. Starting tomorrow, cannabis company HEXO is rolling out a new line of ultra-affordable flower. Ultimately, the new product line will give Canadians a chance to purchase larger quantities of weed. Additionally, the weed... Read more
The opioid crisis cost the U.S. economy $631 billion from 2015 through last year — and it may keep getting more expensive, according to a study released Tuesday by the Society of Actuaries. The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those... Read more
The Colorado cannabis community will have a chance to show its support for reproductive health services on Thursday, October 17th. A coalition of marijuana businesses are teaming up to host an award ceremony honoring pot brands whose proceeds will go to Planned Parenthood of the Rockies — at what could... Read more
Consumer Legalization One Year Later: Aurora Cannabis Reveals Sneak Peek of Plans for NextGen Cannabis Products EDMONTON, Oct. 16, 2019 /PRNewswire/ – On the one-year anniversary of consumer legalization in Canada, Aurora Cannabis Inc. (“Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced... Read more
Exclusive: US retail sales of CBD may increase 133% in 2019, surpass $10 billion by 2024
Retail sales of CBD in the United States are expected to surpass $1 billion in 2019 – a 133% increase over 2018 sales – and might eclipse $10 billion by 2024, according to projections from the newly released 2019 Hemp & CBD Industry Factbook. The recent surge of consumer... Read more
Valens Reports Record Revenue, Adjusted EBITDA and Profitability for the Third Quarter of Fiscal 2019 Q3 2019 Revenue of $16.5 million, Adjusted EBITDA of $9.8 million, and Net income of $5.9 million KELOWNA, BC, Oct. 15, 2019 /CNW/ – Valens GroWorks Corp. (TSXV: VGW) (OTC: VGWCF) (the “Company” or... Read more
Two Pennsylvania senators introduced a comprehensive marijuana legalization bill on Tuesday—just weeks after Gov. Tom Wolf (D) announced that he’s in favor of the policy. Sens. Daylin Leach (D) and Sharif Street (D) filed the legislation, which would allow adults 21 and older to possess, cultivate and purchase cannabis... Read more
Two Pennsylvania senators introduced a comprehensive marijuana legalization bill on Tuesday—just weeks after Gov. Tom Wolf (D) announced that he’s in favor of the policy. Sens. Daylin Leach (D) and Sharif Street (D) filed the legislation, which would allow adults 21 and older to possess, cultivate and purchase cannabis... Read more
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