Only a few weeks after opening, supervised injection sites in New York City have potentially saved dozens of lives, leading city leaders to call on the Biden administration to authorize the use of similar harm reduction programs nationwide. New York Mayor Bill de Blasio and the city’s health department... Read more
Congressional Democrats are targeting next year for a major overhaul of the nation’s cannabis laws. In a memo sent last week, Representatives Earl Blumenauer (D-OR) and Barbara Lee (D-CA), the co-chairs of the Congressional Cannabis Caucus, urged colleagues to build on the successes of 2021 hailed as a “a... Read more
Sales of legal cannabis outpaced the illicit market in Ontario for the first time ever during the second quarter of this year, according to new data from the province’s only licensed online cannabis retailer. “Ontarians chose to purchase more than half of their cannabis through legal channels, as Ontario’s... Read more
As the wholesale price-per-pound of legal cannabis plummets in some states bordering Mexico, cartels in the country are shifting to more lucrative drugs: fentanyl and other synthetic drugs. The Centers for Disease Control and Prevention (CDC) announced this week that fentanyl is now the leading cause of death for... Read more
Planet 13 to Acquire Next Green Wave Holdings, Expanding Presence in California with Premium Indoor Cultivation and an Extensive, Pheno-Hunted Cultivar Base LAS VEGAS, NV / ACCESSWIRE / December 20, 2021 / Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH)(OTCQX:PLNHF) and Next Green Wave Holdings Inc. (“Next... Read more
Organigram Acquires Quebec-Based Laurentian Organic Inc. in Accretive Transaction Leading premium hash brand, Tremblant Cannabis, and craft brand, Laurentian, complement Organigram’s portfolio of consumer-centric brands Strengthens Organigram’s position in the second most populous province of Quebec Expands Organigram’s high-margin, premium brand and product offering Brings Quebec’s top selling hash... Read more
LOS ANGELES, December 21, 2021 – WhiteHawk Capital Partners, LP (“WhiteHawk”), a private credit investment manager, announced it has entered into an agreement with Glass House Brands, Inc. (“Glass House”) (NEO: GLAS.AU) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) to provide a $100 million senior term loan facility. The facility... Read more
A small study of children with treatment-resistant epilepsy has found that whole-plant cannabis therapies reduced seizures by 86 percent, according to research published recently by the journal BMJ Paediatrics Open. To conduct the study, researchers collected retrospective clinical data from caretakers and clinicians of 10 children with intractable, or... Read more
The state of New Jersey has finally begun to accept applications for recreational cannabis licenses on December 15. The Cannabis Regulatory Commission (CRC) announced that within the first four hours of applications opening, 500 people had already submitted their applications, with 635 accounts created by the end of the... Read more
Five years into legal adult-use cannabis sales in California, and the industry is at “a breaking point.” Top cannabis industry insiders sounded the alarm as the industry teeters towards implosion amid impossible tax rates and other serious issues. In a letter dated December 17, over two dozen cannabis executives... Read more
