Democratic Gov. Ralph Northam of Virginia plans to sign a bill passed by state lawmakers to legalize marijuana, according to media reports, but he may amend the measure to move up the start date for the legalization of cannabis possession. Virginia legislators reached a compromise on legalizing cannabis in... Read more
Vireo Health Closes First Tranche of Debt Financing with Green Ivy Capital Credit facility provides growth capital to expand first-mover advantage in Vireo’s core markets Company plans to begin incremental expansion projects at its Arizona and Maryland facilities in Q2 MINNEAPOLIS, March 26, 2021 /PRNewswire/ — Vireo Health International... Read more
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 New York moved closer to legalizing. Michigan February cannabis sales cleared $105 million. 420 Investor model portfolios have gained 52.6-66.6% year-to-date, while the Global Cannabis Stock... Read more
The Mexican Senate is prepared to approve a bill to legalize marijuana as amended by the Chamber of Deputies earlier this month, a key senator said this week. Due to the urgency of meeting a Supreme Court deadline to enact the policy change by April 30, Sen. Eduardo Ramírez... Read more
The Mexican Senate is prepared to approve a bill to legalize marijuana as amended by the Chamber of Deputies earlier this month, a key senator said this week. Due to the urgency of meeting a Supreme Court deadline to enact the policy change by April 30, Sen. Eduardo Ramírez... Read more
The U.S. hemp textiles supply chain has to start somewhere, so it might as well begin with T-shirts, according to one North Carolina-based apparel manufacturer. Developing a domestic hemp fiber supply chain in the U.S. could help create a transparent, sustainable, profitable industry that will pay farmers a living... Read more
Early results of an industry-sponsored, human-safety study on hemp-derived CBD consumption show no evidence of liver toxicity or disease in its 839 participants. The study also found no increase in the prevalence of elevated liver-function numbers compared to a group with a similar incidence of medical conditions. Those results... Read more
A coalition of 30 members of Congress sent a letter to President Joe Biden on Thursday that criticizes the administration for terminating or otherwise punishing multiple White House staffers who admitted to past marijuana use. The lawmakers are asking for clarification on the employment policy and urging that prior... Read more
Significant financial returns are still elusive for many hemp-products manufacturers, with only 8% of respondents to the Hemp Industry Daily survey saying their companies were “very profitable” in 2020. But the segment is getting there, with one-third of processor respondents noting their businesses were “somewhat profitable.” At the same... Read more
