Canopy Growth Corp WEED.TO on Friday reported a smaller-than-expected loss in the third quarter, as the Canadian pot producer kept a tight lid on costs amid growing investor pressure to turn in a profit. U.S.-listed shares of the company rose over 15% in premarket trading. Late last year, major shareholder Constellation... Read more
Lume Cannabis Co. in Evart has launched what it’s calling the first recreational marijuana home-delivery service in Michigan. “Lume this week launched Michigan’s first delivery service for adult-use customers in northern Michigan,” says a press release the company issued Wednesday afternoon. “Delivery service will increase access to Lume’s high-quality cannabis... Read more
A co-sponsor of a bill that would legalize the use of recreational cannabis said he thinks it only has a “one in three” chance of becoming law this year. Sen. Jerry Ortiz y Pino, D-Albuquerque, said Senate Bill 115 is undergoing a revision to better address some concerns raised before it’s... Read more
Last month, two pieces of legislation were introduced to the legislature that could substantially alter Washington State’s advertising laws: HB 2350 and HB 2321. Each bill would tighten advertising restrictions for cannabis businesses, particularly with regard to advertising that could appeal to youth. Both bills were filed pre-session, and both already have moved into the…
According to the new Leafly Cannabis Jobs Report 2020, there are 8,235 people employed in the legal Michigan marijuana industry. That’s down from the previous year, according to Leafly, because “the bumpy implementation of a new regulatory system saw many formerly legal medical dispensaries drop into non-legal status. The first... Read more
Efforts to keep some marijuana license details secret has divided Maine’s cannabis community: some see secrecy as protection from rivals and theft, while others worry it will allow out-of-state raiders to take over the local adult-use market. But the industry is united against a state proposal to deem alcohol-based extraction of... Read more
February 11, 2020 by AggregatedNews Leave a Comment Advocates seeking to plant marijuana legalization in North Dakota’s constitution have shifted their focus from the June primary ballot to the November general election. Petitions with at least 26,904 signatures of qualified electors would have been due Monday to Secretary of... Read more
With Gov. Andrew Cuomo aiming to win approval for legalized recreational marijuana in seven weeks, opponents of the proposal urged lawmakers Monday to deal with the issue outside of the state budget. Cuomo has repeatedly said he believes the cannabis proposal will falter if it is handled independently of... Read more
Last week, Oregon kicked off the 2020 legislative session. Because we are in an even-numbered year, this will be a 35-day session. In short sessions, we tend to see fewer pieces of introduced legislation. The prospects for a productive session may also be lower than usual in 2020, given that House and Senate Republicans are threatening…
Michigan’s licensing of medical and recreational marijuana businesses has been a windfall for Lansing’s budget, but not the legal marijuana job market, according to the latest jobs report released by Leafly, a marijuana industry media and technology company. “Two years ago there were hundreds of medical marijuana dispensaries operating in an... Read more