Utah medical cannabis patients have gotten used to a cash-only system, as many banks and credit card companies still refuse to work with cannabis businesses. Now, in light of the hassle and potential theft risk that causes, as well as sanitation risks due to COVID, a new app that... Read more
Allegations of marijuana cultivation performed by immigrant labor have gripped members of the Navajo Nation in recent weeks. Navajo leaders are now taking on an entrepreneur who is said to be growing 400 acres of hemp and marijuana on the tribe’s land in the southwestern United States. The entrepreneur... Read more
Entrepreneurs in the smokable hemp sector have reason to hope that tobacco consumers may convert at least partially to hemp products within the next year. That’s because 29% of cigarette and cigar users have indicated they are willing to try these products, according to research by Nielsen Global Connect,... Read more
WeedMD Enters into Binding Term Sheet for $30 Million Credit Facility with LiUNA Pension Fund and Changes Filing Date of Second Quarter 2020 Financials to September 30, 2020 Non-dilutive financing to fund continued growth including accelerating sales of Color Cannabis adult-use products and Starseed’s unique medical service offerings to... Read more
KushCo Holdings Reports Preliminary Fiscal Fourth Quarter 2020 Results Company Expects Fiscal Q4 2020 Revenue to Increase 14% to 17% Sequentially and to Achieve Positive Adjusted EBITDA For the First Time in Three Years Company Reiterates Fiscal Q4 2020 Cash SG&A Guidance of $6.5 Million to $7.5 Million CYPRESS,... Read more
Standing before a field of thigh-high hemp plants last week, a pair of candidates running for seats in the West Virginia House of Delegates previewed a marijuana legalization bill they plan to introduce if elected in November. Rusty Williams and Chris Yeager, Democrats running in West Virginia House Districts... Read more
Standing before a field of thigh-high hemp plants last week, a pair of candidates running for seats in the West Virginia House of Delegates previewed a marijuana legalization bill they plan to introduce if elected in November. Rusty Williams and Chris Yeager, Democrats running in West Virginia House Districts... Read more
Illinois has been making major headlines in the cannabis sector, as some groups cry out that the plans for granting new business licenses are not inclusive enough of minorities, and that the lottery system for choosing new businesses license holders is unfair. Now, after analyzing the current systems that... Read more
Queen of all things home décor, sometimes notorious felon, and friend to Snoop Dogg, Martha Stewart is finally joining the cannabis industry … well, sort of. She just launched her very own line of CBD products. Stewart claims CBD is a part of her wellness routine, and the next... Read more
The owner of an Oregon cannabis shop destroyed by the wildfires ravaging the West Coast is vowing to rebuild, despite being ineligible for the aid provided to most businesses. Thorin Thacker, the co-owner of Canyon Cannabis in Gates, Oregon, was told that it took only 15 minutes for the... Read more
