The COVID-19 pandemic can’t keep the Cannabis Cup down! For our People’s Choice Edition tour, we made a stop in Illinois, where folks thriving in the cannabis space stepped up to compete. Here are the winners of the Cannabis Cup Illinois: People’s Choice Edition 2020! Courtesy of Revolution Cannabis... Read more
A new bill has been introduced to Congress by a team of Democratic senators who think it’s unfair that cannabis businesses in legal states are excluded from federal aid while other businesses in the state are able to get a leg up with government-funded help. Like all other businesses,... Read more
Potentially hundreds of thousands of Michiganders could soon be in line to have previous marijuana offenses expunged, thanks to a sweeping legislative package that is on the verge of becoming law. A total of six bills are heading to Michigan Gov. Gretchen Whitmer’s desk after clearing the final round... Read more
A new healthcare technology company, Cannalogue, is launching a petition in their native land of Canada to get the Ministries of Health on board with providing national healthcare coverage for medical cannabis. The petition, entitled United for Access, was started because of the financial burden the COVID-19 pandemic has... Read more
Telehealth is about to get psychedelic. That is the idea behind Mindleap, which bills itself as the first psychedelics-focused digital telehealth platform, as well as “the only digital health platform that combines telehealth with mood, emotion and habit tracking.” Users of the platform will have the ability to “browse... Read more
Utah medical cannabis patients have gotten used to a cash-only system, as many banks and credit card companies still refuse to work with cannabis businesses. Now, in light of the hassle and potential theft risk that causes, as well as sanitation risks due to COVID, a new app that... Read more
Allegations of marijuana cultivation performed by immigrant labor have gripped members of the Navajo Nation in recent weeks. Navajo leaders are now taking on an entrepreneur who is said to be growing 400 acres of hemp and marijuana on the tribe’s land in the southwestern United States. The entrepreneur... Read more
WeedMD Enters into Binding Term Sheet for $30 Million Credit Facility with LiUNA Pension Fund and Changes Filing Date of Second Quarter 2020 Financials to September 30, 2020 Non-dilutive financing to fund continued growth including accelerating sales of Color Cannabis adult-use products and Starseed’s unique medical service offerings to... Read more
KushCo Holdings Reports Preliminary Fiscal Fourth Quarter 2020 Results Company Expects Fiscal Q4 2020 Revenue to Increase 14% to 17% Sequentially and to Achieve Positive Adjusted EBITDA For the First Time in Three Years Company Reiterates Fiscal Q4 2020 Cash SG&A Guidance of $6.5 Million to $7.5 Million CYPRESS,... Read more
Illinois has been making major headlines in the cannabis sector, as some groups cry out that the plans for granting new business licenses are not inclusive enough of minorities, and that the lottery system for choosing new businesses license holders is unfair. Now, after analyzing the current systems that... Read more
