Massachusetts cannabis regulators said on Thursday that they believe recreational marijuana retailers closed by an emergency order issued in light of the ongoing coronavirus pandemic can safely reopen when Gov. Charlie Baker rescinds the declaration. Baker issued the order in March, directing adult-use cannabis shops to close along with... Read more
State lawmakers in Minnesota introduced a bill this week that would legalize the recreational use of marijuana by adults and establish a legal marijuana industry in the state. The bill, HF 4632, was introduced by House of Representatives Majority Leader Ryan Winkler on Tuesday with the support of 33... Read more
Aphria strengthens balance sheet with negotiated debt reduction Completes accretive transaction to repurchase its convertible senior notes Net cash position increases by $127.5 million ($91 million USD) LEAMINGTON, ON, May 8, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA), a leading global cannabis... Read more
Not even a pandemic can stop Oklahoma’s medical marijuana program from humming right along. The state’s tax commission said that sales for medical cannabis last month hit another new record, according to the Oklahoman, which said that “dispensaries remitted almost $9.8 million in state taxes during April.” According to... Read more
High Times Holding Corporation, the parent company of High Times magazine, announced on Tuesday that retail industry veteran Peter Horvath had been hired as the company’s CEO. Horvath comes to High Times with extensive experience in retail, including stints with Victoria’s Secret, American Eagle Outfitters, DSW, and cannabis firm... Read more
If you’re a hemp farmer who is sitting on flower and biomass produced in 2019, you aren’t alone, says Casey Flippo, CEO of Little Rock, Arkansas-based hemp extraction firm Natvana LLC. Because the hemp market, which already had been seeing a shortage of processors and extraction facilities, is seeing... Read more
Plus Products Reports Audited 2019 4th Quarter and Year-End Financial Results SAN MATEO, Calif., May 07, 2020 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its audited financial and operational results for the... Read more
Cronos Group Reports 2020 First Quarter Results Fermented target cannabinoid, CBGA, using cannabinoid strains at Cronos Fermentation R&D labs Successfully completed first dried flower shipment to Israel, as Cronos Israel moves closer to entering the medical cannabis market with PEACE NATURALS™ branded products Natuera completes key operational milestones and... Read more
One year ago on Thursday, activists behind a first-of-its-kind drug policy reform ballot initiative in Denver were anxiously awaiting the results of a local vote that stood to set the city apart from any other in the country. Things didn’t look promising near the end of the night when... Read more
Even as a growing number of states are enacting legalization laws, stigma around marijuana is alive and well in the United States—at least according to a recent survey about the kinds of bumper stickers America’s drivers are willing to put on their vehicles. Drivers said they would be less... Read more
