Malaysia’s cabinet agreed on Friday to end mandatory death penalty sentences for 12 different kind of “crimes” including those involving non-violent drug offenses. The move comes four years after the government imposed a stay on executions. The reason this is so significant is that most people on death row... Read more
The state of Illinois on Friday announced plans to award 185 new dispensary licenses for its adult-use cannabis program, less than a month after a judge cleared the way for the process to begin anew. The Illinois Department of Financial and Professional Regulation said that the licenses will be... Read more
There is certainly something to be said about German cannabis reform that the rest of the world—and in particular, the U.S.—can learn from. The issue may have dragged excruciatingly slowly forward since 2017, but now that they have decided to actually do it, the government is moving forward quite... Read more
A New Mexico cannabis company and a group of six medical marijuana patients have filed a class-action lawsuit that seeks insurance coverage for medicinal cannabis. The legal action was filed on Friday in Albuquerque state district court, with the plaintiffs arguing that medical cannabis should be covered because it... Read more
New Zealand’s recently revived cannabis eradication has gotten out of control, residents say. A couple growing three weed plants last February, for instance, were having dinner together when a helicopter flew overhead, spraying chemicals onto their three weed plants that they used for medical reasons. The program isn’t settling... Read more
3 Marijuana Stocks That May See A Turnaround In Trading This Month
Maine marijuana regulators say that the launch of an adult-use cannabis market in the state has already exceeded expectations when it comes to driving down illicit sales. The Office of Cannabis Policy (OCP) released a report on Monday, based on a first-ever survey of about 2,000 residents. Among its... Read more
First Quarter Fiscal 2022 and Recent Highlights: Appointment of Alimentation Couche-Tard executive, Stéphane Trudel as Chief Executive Officer on June 1, 2022 Consolidated Adjusted EBITDA of negative $2.3 million for the quarter, an improvement of 4% from the previous quarter Consolidated revenue for the quarter of $40.9 million, representing a 4% decrease from the previous... Read more
Amended Terms Include Increased Discount on Purchase Price of HEXO Note and Reduced Tilray Conversion Price on HEXO Shares Reaffirms $80 Million in Projected Shared Cost-Saving Synergies Expected to Close in July 2022 LEAMINGTON, Ontario, June 14, 2022 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray Brands” or the “Company”)... Read more
Of all the countries on the old continent, good old Germany is the one that is on the verge of a large-scale legalization of cannabis, which will significantly change the cannabis culture and will have to decide between two paths. Does it go the traditional way of the green... Read more
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