Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary NJ introduced initial rules for adult-use. Canadian retail sales grew 59% to a record $319 million in June. Health Canada added no new licenses, leaving the... Read more
TerrAscend Reports Second Quarter Net Sales of $58.7 Million, Adjusted EBITDA1 of $24.3 Million and Adjusted EBITDA1 Margin of 41% Signs agreements to be the sole cultivator and manufacturer of COOKIES branded products in New Jersey and bring COOKIES corners to TerrAscend’s three dispensaries in New Jersey Unveils location... Read more
July was an especially productive and profitable month for the marijuana industry, with retailers making record-breaking sales in at least four states. This is continuing a trend that’s been observed in numerous states as cannabis markets have come online and matured. And it’s all the more impressive considering how... Read more
A Senate-passed bill to legalize possession of certain psychedelics in California cleared a procedural hurdle on Monday—but it faces another critical challenge in the Assembly next week that could decide its fate. After passing the Senate earlier this year, the legislation from Sen. Scott Wiener (D) has moved through... Read more
The annual South By Southwest (SXSW) festival has become a hub for conversations around marijuana and psychedelics in recent years—and voting is now open for people to decide exactly what kinds of discussions they hope to hear on the issue at next year’s event. There are nearly 100 proposed... Read more
Lawyers for a man serving time in federal prison for operating a state-legal medical marijuana dispensary are making the case that a U.S. Supreme Court justice’s recent statement denouncing the inconsistencies of federal cannabis policy underscore the need for the relief to be granted to their client. Luke Scarmazzo,... Read more