Aphria Inc. Announces 158% Increase in Adult-Use Sales and Profitable Fourth Quarter Reports Profitable Fourth Quarter Record Net Revenue of $128.6 Million, Up 75% from Prior Quarter Revenue for Adult-use Cannabis of $18.5 Million, Up 158% from Prior Quarter Provides Fiscal Year 2020 Outlook LEAMINGTON, ON, Aug. 1, 2019... Read more
Democratic candidates clashed on marijuana policy during Wednesday’s presidential debate, with former Vice President Joe Biden’s record of supporting harsh criminalization policies being a focus of contention for other contenders. Sen. Cory Booker (D-NJ) called out Biden, slamming his role in advancing punitive criminal justice reform legislation and arguing... Read more
Marijuana possession cases will no longer be prosecuted in Tallahassee, Florida and the surrounding area, according to a letter to law enforcement agencies from the State Attorney. The action was taken in response to the legalization of hemp in Florida earlier this year and at the federal level with... Read more
States with legal recreational and/or medical marijuana make up a sizable portion of the U.S. coastline. But the servicewomen and men tasked with safeguarding those coasts won’t be able to take advantage of the change in policy and public attitudes on cannabis. That’s because on July 30, the United... Read more
Sundial Announces Pricing of Upsized Initial Public Offering CALGARY, July 31, 2019 /CNW/ – Sundial Growers Inc. (“Sundial” or the “Company”) today announced the pricing of its upsized initial public offering of 11,000,000 common shares at a price to the public of US$13.00 per share. In addition, the underwriters... Read more
The American Cannabis Operator Index extended its post-March weakness again, declining almost 16% to 73.66: The index, which launched at the end of October with a value of 100, traded as low as 70.64 in late December after having reached a closing high of 124.16 in early November. It is now... Read more
Harvest Health & Recreation, Inc. Announces Preliminary Revenue for Second Quarter 2019 Company Expects to Report Pro Forma Consolidated Revenue of $75 to $77 Million PHOENIX, August 01, 2019–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest... Read more
Sen. Dick Durbin (D-IL), the second highest ranking Democratic senator, introduced a bill on Wednesday aimed at lifting barriers to research into marijuana. The legislation would not federally deschedule cannabis but would instead move it from Schedule I to Schedule III under the Controlled Substances Act. It would also... Read more
Sen. Dick Durbin (D-IL), the second highest ranking Democratic senator, introduced a bill on Wednesday aimed at lifting barriers to research into marijuana. The legislation would not federally deschedule cannabis but would instead move it from Schedule I to Schedule III under the Controlled Substances Act. It would also... Read more
Sen. Dick Durbin (D-IL), the second highest ranking Democratic senator, introduced a bill on Wednesday aimed at lifting barriers to research into marijuana. The legislation would not federally deschedule cannabis but would instead move it from Schedule I to Schedule III under the Controlled Substances Act. It would also... Read more
