Trending Stories

Minnesota Denies Coverage of Medical Marijuana for Injured Workers

Featured Medical Marijuana Minnesota Trending Stories October 18, 2021 0

Minnesota’s high court ruled this week that medical marijuana cannot be covered under workers’ compensation. In a pair of decisions handed down last Wednesday, the state’s Supreme Court said that the federal prohibition on cannabis precludes employers from being required to cover medical marijuana treatment for employees who have... Read more

New Licenses Awarded to Expand Cannabis Industry in New Jersey

Featured Medical Marijuana New Jersey Trending Stories October 18, 2021 0

Regulators in New Jersey last week voted to significantly increase the number of medical marijuana dispensaries in the state. In a four to one vote on Friday, the New Jersey Cannabis Regulatory Commission agreed “to issue 10 new licenses for medical marijuana cultivators and four new licenses for vertically... Read more

U.S. Department of Agriculture Mails Out First Ever Hemp Survey

Featured Hemp Trending Stories October 18, 2021 0

The U.S. Department of Agriculture (USDA) has begun mailing out surveys today to all of the nation’s hemp producers, with the hope that their comments will help the agency collect data about operations and production. The USDA’s first hemp survey, entitled the “Hemp Acreage and Production Survey,” was mailed... Read more

Arizona’s Social Equity Cannabis Program Takes Shape

Arizona Featured Trending Stories October 18, 2021 0

Policymakers in Arizona unveiled rules last week for a social equity cannabis program aimed at giving communities most affected by pot prohibition opportunities in the state’s newly regulated recreational cannabis market. The Arizona Daily Star reported that the state’s Department of Health Services issued the final draft of its... Read more

High Tide Taps ATB Financial for $25 Million Revolving Credit Facility

Featured Trending Stories October 18, 2021 0

High Tide Secures Non-Dilutive Credit Facility with ATB Financial CALGARY, AB, Oct. 18, 2021 /PRNewswire/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced today that it has entered into... Read more

Innovative Industrial Properties Expands California Presence With $60 Million Gold Flora Sale-Leaseback

California Featured Trending Stories October 18, 2021 0

Innovative Industrial Properties Acquires Property in California and Executes Long-Term Lease with Gold Flora SAN DIEGO-October 18, 2021-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it... Read more

HEXO CEO Departs

Featured Trending Stories October 18, 2021 0

HEXO Announces Strategic Executive Changes OTTAWA, Oct. 18, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced the departure of Sebastien St-Louis, Co-Founder and Chief Executive Officer, effective immediately, as the Company completes a strategic reorganization. On behalf of the entire organization,... Read more

Democratic Candidates for Florida Governor Vow to Legalize Marijuana

Featured Florida Trending Stories October 16, 2021 0

Florida Democratic gubernatorial candidate and congressman Representative Charlie Crist announced on Thursday that he will legalize marijuana and expunge past cannabis-related convictions if he is elected governor. The statement drew a swift response from fellow Democratic candidate and state Agriculture Commissioner Nikki Fried, however, who chided Crist for his... Read more

Riot Fest Brought the Good Vibes and a Love of Cannabis to Chicago

Featured Illinois Trending Stories October 16, 2021 0

On day-one of Riot Fest, there was paranoia. Before music-lovers, which the Chicago-based festival attracts alone, entered the festival grounds, many were asking, “What about my legally acquired cannabis?!” I overheard that concern more than once, but those fears were soon laid to rest as festival goers bypassed the... Read more

Canopy Growth to Acquire Wana Brands in $300M Deal

Featured Trending Stories October 16, 2021 0

Cannabis industry powerhouse Canopy Growth Corporation announced that it has entered an agreement to acquire Wana Brands, the continent’s largest cannabis edibles brand by market share, in a deal worth nearly $300 million. Under the terms of the agreement, Canopy has secured options to purchase Wana and its related... Read more