As the country gets ready for the much-debated November 2020 elections that are fast approaching, election scorecards are being released, taking the pulse of the country and how we feel about hot-button issues. According to Michigan’s cannabis-focused election scorecard, the once-liberal issue of cannabis is now becoming increasingly bipartisan. ... Read more
Senate Majority Leader Mitch McConnell mocked Speaker of the House Nancy Pelosi on Monday, saying that her support for cannabis in a coronavirus relief and stimulus bill is a carve-out for special interests that is unrelated to the pandemic. In May, the House of Representatives passed the Health and... Read more
Kristen Nichols (This is an abridged version of a column that appears in the August issue of Marijuana Business Magazine.) It isn’t just the guys and gals making high-THC products who confront illicit competition. Hemp entrepreneurs see it, too. The fact was driven home recently when a CBD manufacturer I... Read more
Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the month following the quarterly rebalancing at the end of June, declined 34.1% in 2019 to 42.20 and is now down... Read more
Supreme Cannabis Announces Agreement to Partially Convert and Amend Debentures Supreme Cannabis reduces principal amount to $36.5 million from $100.0 million Extends maturity date on $36.5 million of remaining Debentures to September 1, 2025 and reduces conversion price to $0.285 Reduces annual interest payments by over 50% TORONTO, Aug.... Read more
Rocked by a global pandemic and its resulting economic havoc, thousands of CBD companies in the United States will likely shutter in 2020 – but the CBD market will remain flooded with some 1,500 brands jostling for market share, according to cannabis research firm Brightfield Group. The top 20... Read more
Adding to a 29% gain in Q2 despite a pullback in June, the American Cannabis Operator Index rocketed higher in July, increasing 26.7% to 34.53: The index, which launched at the end of October 2018 with a value of 100, reached a closing high of 124.16 a week later before declining... Read more
FDA Approves EPIDIOLEX® (cannabidiol) Oral Solution to Treat Seizures Associated with Tuberous Sclerosis Complex – Age-range for all EPIDIOLEX indications expanded to include patients one year of age and older – – Third indication approved for EPIDIOLEX, the only FDA-approved Cannabidiol (CBD) medicine – CARLSBAD, Calif., Aug. 03, 2020... Read more
