Less than a week after New Jersey voters overwhelmingly approved a referendum to legalize marijuana, state lawmakers are set to take up a new bill on just what the cannabis sales system will look like, including who will profit from the projected multibillion-dollar market. On Monday, committees in both... Read more
Italian economists: High-CBD hemp flower cut into illicit MJ market, hurt organized crime
A “cannabis light” vending machine in Italy (photo courtesy Alfredo Pascual) The availability of hemp flower containing up to 0.6% THC in Italy led some marijuana users to abandon their illicit products, costing criminal networks tens of millions, a trio of economists has found. The researchers’ findings, published last... Read more
Canopy Growth Reports Second Quarter Fiscal 2021 Financial Results Achieved record quarterly net revenue of $135 million Net Loss of $97 million; Adjusted EBITDA loss of $86 million, a 43% improvement versus Q2 FY20 Implementing initiatives to capture $150-$200 million of savings across our cost structure Increased market share... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
Paradoxically, the two cannabis parties’ success may wind up hurting the cause of legal marijuana. By siphoning votes from the DFL and helping Republicans, legal marijuana is less likely to pass, as the Senate GOP killed a legalization bill in committee in 2019. By Max Nesterak, Minnesota Reformer Marijuana... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )