The Valens Company Reports Financial Results for The Second Quarter of Fiscal 2021 Valens entered the US market with the acquisition of Green Roads, securing a global leadership position in the health and wellness market Country-wide SKU listings increased 76.0% to 132 as of the end of Q2 2021,... Read more
The first draft of a long-anticipated Senate bill to federally legalize marijuana has been released—and its sponsors are asking for public input to further improve the legislation before it is formally introduced. Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker... Read more
The first draft of a long-anticipated Senate bill to federally legalize marijuana has been released—and its sponsors are asking for public input to further improve the legislation before it is formally introduced. Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker... Read more
Social equity laws have become a standard in the cannabis industry. However, the expectation is not yet viewed as a universal necessity, as seen between the differing opinions of politicians in Virginia. As of July 1, Virginia’s recreational cannabis law officially launched, although it won’t be fully implemented until... Read more
Organigram Reports Third Quarter Fiscal 2021 Results Grew gross revenue 51% sequentially to $29.1 million in Q3 2021 from Q2 2021 and 31% from the same prior year period Grew net revenue 39% sequentially to $20.3 million in Q3 2021 from Q2 2021 and 13% from the same prior... Read more
President Joe Biden is set to nominate a White House drug czar who previously played a key role in overseeing the implementation and expansion of a state medical marijuana program. He’s also publicly recognized both the therapeutic and economic potential of cannabis reform. Rahul Gupta, the former chair of... Read more
President Joe Biden is set to nominate a White House drug czar who previously played a key role in overseeing the implementation and expansion of a state medical marijuana program. He’s also publicly recognized both the therapeutic and economic potential of cannabis reform. Rahul Gupta, the former chair of... Read more
Tennessee just turned heads in the cannabis world by introducing a 2022 legalization bill. A lawmaker introduced this bill to the 2022 ballot. Representative Bruce Griffey, a Republican from District 75, is behind the bill, known as House Bill 1634. The bill will require county election commissions to each... Read more
Former Democratic congressman Joe Cunningham, 39, announced his run to unseat South Carolina Republican Gov. Henry McMaster—with the promise to legalize medical and adult-use cannabis in his state. He believes that by doing so, the state could offer healthcare options and rake in potentially millions in tax revenue. In... Read more