The state treasurer, House majority floor leader and House Judiciary Committee chairman testified in support of the farmers. By Andrew Graham, WyoFile.com CHEYENNE—A Laramie County judge threw out drug trafficking charges against hemp advocates and farmers Debra Palm-Egle and Joshua Egle Thursday, finding prosecutors lacked probable cause that the... Read more
He was a military veteran, busted for selling a mere .69 grams of marijuana. For that, Derek Harris has served nearly a decade behind bars. But now, after the Louisiana Supreme Court granted him a new hearing, Harris is set to be freed. Harris’ time in prison began back... Read more
Arizona voters will have a chance this year to make their state the latest to end pot prohibition. A petition spearheaded by a pro-legalization group had its signatures officially certified by Arizona Secretary of State Katie Hobbs on Monday, clearing the way for the proposal to qualify for the... Read more
Mayor Levar Stoney of Richmond, Virginia is calling on state leaders to legalize cannabis during a special session of the legislature slated for later this month. In a letter Stoney sent to Gov. Ralph Northam, House Speaker Eileen Filler-Corn, and Senate Majority Leader Richard Saslaw on Tuesday, the mayor... Read more
Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to shareholders Vireo to reinvest a portion of the proceeds to increase scale in key markets Completed transaction is significant step... Read more
Harvest Health & Recreation Inc. Reports Second Quarter 2020 Financial Results Second quarter revenue was $55.7 million, up 109% from the second quarter 2019 and 26% sequentially Second quarter adjusted EBITDA was $4.1 million compared to ($3.6) million in the first quarter of 2020 2020 Revenue target increased to... Read more
Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results for the second quarter of 2020. SECOND QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED) Second quarter reported revenue was $27.1 million, a 53%... Read more
The top Democrat in the Senate is asking the U.S. Department of Agriculture (USDA) to delay issuing final regulations for hemp until 2022, citing stakeholder concerns and the challenges of state compliance that have arisen due to the coronavirus pandemic. Senate Minority Leader Chuck Schumer (D-NY) said in a... Read more
A cloud of uncertainty has settled over Europe’s CBD industry after the European Union’s executive body said it had taken the preliminary view that cannabidiol extracted from cannabis flowers should be considered a narcotic. With a potential blanket ban on CBD in food looming on the horizon, the impact... Read more
