When it comes to driving while under the influence of marijuana, states that have enacted legalization are seeing less of the potentially dangerous behavior than states that continue criminalization, according to a new study. The analysis of self-reported driving under the influence of cannabis (DUIC) found that people are... Read more
Congressional leaders and members appointed to a bicameral conference committee are facing increased pressure to include marijuana banking reform in a large-scale manufacturing and innovation bill, with two key lawmakers sending a letter on Wednesday urging its inclusion in the final package that’s set to be discussed by bicameral... Read more
Strategic adjustments are expected to generate savings of $100 – $150 million within 12 – 18 months SMITHS FALLS, ON, April 26, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced that... Read more
Company delivers record 2021 U.S. GAAP and proforma revenue1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA2 margin of 44% — in line with Company guidance Financial results presented in U.S. GAAP CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its 2021 financial results... Read more
Net Sales for Q1 2022 Zig-Zag and Stoker’s Products Increased 10.1 Percent Year-Over-Year LOUISVILLE, Ky.–(BUSINESS WIRE)– Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today financial results for... Read more
Advocates behind a ballot-box push to decriminalize drugs and expand treatment and recovery services in Washington State have survived a court challenge to the second iteration of their voter initiative planned for November. The revised proposal, Initiative 1922, is almost identical to the group’s decriminalization ballot measure filed earlier... Read more
The U.S. attorney general on Tuesday reiterated that he believes it is “not an efficient use” of federal resources to go after people for possessing marijuana. But he declined to directly answer a senator’s question on whether the Justice Department would be reinstating Obama-era enforcement guidance on not interfering... Read more
Activists in Denton, Texas say they’re confident that they’ve collected enough signatures to place a marijuana decriminalization initiative on the local ballot. The group Decriminalize Denton said that it will continue collecting additional petitions until May 3 while it also works to verify the more than 2,500 signatures that... Read more
Turning 18 means being able to vote, buy a lottery ticket, and—now in Billings, Montana—own a cannabis dispensary. The city council there on Monday night “brought its marijuana laws in line with state marijuana laws and lowered the age a person can work for or own a marijuana business... Read more
No matter how slowly cannabis reform is moving in the West, there is one place where cannabis reform is moving at an even more tortoise-like pace: China and its territories, including the island of Taiwan. Merely smoking cannabis can land a user a jail term. Selling it can garner... Read more
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