Hemp businesses look to blockchain to provide transparency to customers
As the hemp industry matures, some business are starting to rely on blockchain technology to assure customers that the products they’re buying contain what’s advertised and information on where they originated. Track-and-trace systems are nothing new in states with medical or recreational marijuana that are required by law to... Read more
Aphria Inc. Announces Record Adult-Use Cannabis Gross Revenue in First Quarter Fiscal Year 2021 and Sixth Consecutive Quarter of Positive Adjusted EBITDA Net Cannabis Revenue Increased 103% from Prior Year Quarter Adjusted EBITDA from Cannabis Business of $10.4 Million Increased 11% from Prior Quarter Cash Cost Per Gram Remained... Read more
cbdMD Reports Preliminary Fourth Quarter and Fiscal 2020 Results Year Over Year Net Sales Expected to Increase Between 76% and 77% Year Over Year Quarterly Net Sales Expected to Increase Between 21% and 23% Company Reaffirms Commitment To Reaching Positive Adjusted Operating Income In Calendar 2020 CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD,... Read more
Exclusive Interview with Trulieve CEO Kim Rivers COVID-19 was just beginning to spread across the United States when Trulieve (CSE: TRUL) (OTCQX: TCNNF) CEO Kim Rivers last spoke with New Cannabis Ventures in March. Months later, the cannabis industry and the rest of the world is still navigating the... Read more
The Valens Company Reports Financial Results for the Third Quarter of Fiscal 2020 KELOWNA, BC, Oct. 14, 2020 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, is... Read more
The U.S. Supreme Court announced on Tuesday that it will not hear a case challenging the constitutionality of federal marijuana prohibition. A coalition of medical cannabis advocates, including former NFL player Marvin Washington, young patient Alexis Bortell and military veteran Jose Belen, initially filed a lawsuit against the Drug... Read more
The U.S. Supreme Court announced on Tuesday that it will not hear a case challenging the constitutionality of federal marijuana prohibition. A coalition of medical cannabis advocates, including former NFL player Marvin Washington, young patient Alexis Bortell and military veteran Jose Belen, initially filed a lawsuit against the Drug... Read more
The U.S. Supreme Court announced on Tuesday that it will not hear a case challenging the constitutionality of federal marijuana prohibition. A coalition of medical cannabis advocates, including former NFL player Marvin Washington, young patient Alexis Bortell and military veteran Jose Belen, initially filed a lawsuit against the Drug... Read more
Voters in New Zealand will vote on Saturday on a nationwide referendum that would legalize the use and possession of cannabis by those 20 years of age and older. If passed, the vote would make New Zealand only the third country worldwide to legalize cannabis at the national level,... Read more
Legalizing marijuana could help Pennsylvania weather the economic turbulence brought on by the COVID-19 pandemic. That was the argument put forth on Tuesday by the state’s governor, Tom Wolf, who continued to urge Keystone State lawmakers to take up the issue. “This year, I again went to the General... Read more
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