Basketball star Brittney Griner returned to a Russian courtroom on Tuesday as her trial on charges of possessing cannabis when she entered the country earlier this year continues. Griner, a WNBA champion and Olympic gold medal winner, was detained at an airport near Moscow in February after customs agents... Read more
Money from cannabis is just as green as money from any other industry, one business proved. A leading Arizona dispensary gathers donations monthly, and last month, successfully donated to a children’s hospital. Flagstaff Business News reports that during the most recent month of donations, GreenPharms has been fundraising for... Read more
The cannabis community suffers great losses in the passing of its community members, but today it is with great regret that we report the passing of Michigan cannabis advocate and political activist, Zahra Abbas, who was 35 years old. The Cannabis Caucus of the Michigan Democratic Party for which... Read more
NewLake Capital Partners Expands Revolving Credit Facility to $90 Million NEW CANAAN, Conn., Aug. 02, 2022 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it has added two lenders to... Read more
Red White & Bloom Reports Fourth Quarter, Full Year 2021 and First Quarter 2022 Financial Results Full year 2021 revenue increased 193% to CDN $37.3 million, vs CDN $19.3 million in 20201 Record quarterly revenue for Q1 2022 of CDN $28 million with Gross Margin excluding biological assets of... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. July was a light month for reporting. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies... Read more
Sen. Cory Booker (D-NJ) says that he’s “open to compromises” on marijuana reform, including the possibility that the Senate pass modest cannabis banking legislation with social equity components before advancing a wide-ranging legalization bill that he introduced last month. In an interview published by NJ Spotlight News on Friday,... Read more
A group of federal health agencies is reaffirming its interest in supporting research that explores the therapeutic potential of “minor cannabinoids” and terpenes in marijuana. The National Institutes of Health (NIH) and eight of its component agencies posted a notice of special interest (NOSI) last week, titled “Promoting Mechanistic... Read more
A California bill to create a safe drug consumption site pilot program is heading to the governor’s desk following a Senate vote on Monday. The legislation from Sen. Scott Wiener (D) previously moved through the chamber before being amended and passed in the Assembly in June. Now the Senate... Read more
Lawmakers in Massachusetts passed a bill late Sunday night that will bring a host of different reforms to the state’s recreational cannabis industry. The legislation “aims to promote greater diversity in the legal marijuana industry, ratchet up oversight on the host community agreements that marijuana businesses are required to... Read more
