4Front Announces Second Quarter 2020 Results and Business Update Q2 2020 Systemwide Pro Forma Sales, excluding divested non-core assets, increased 1.3% from Q1 2020 to $19m, despite an approximate 10% revenue impact due to the closure of Chicago dispensary in June because of looting. Company achieves positive operating cash... Read more
Adding to a 29% gain in Q2 followed by a 27% advance in July, the American Cannabis Operator Index continued to recover from its Q1 decline, increasing 16.2% to 40.12: The index, which launched at the end of October 2018 with a value of 100, reached a closing high of 124.16... Read more
A recent study looked at how cannabis can help those previously diagnosed with hepatitis C avoid risk of diabetes. It revealed that those who use cannabis are less likely to develop diabetes as a result of the hepatitis C. The research came from the Journal of Viral Hepatitis, and... Read more
Canopy Growth Solidifies National Retail Footprint with Expansion into Alberta Market Company to open 10 retail stores across Alberta under the Tokyo Smoke and Tweed banners, marking its first retail cannabis presence in the province SMITH FALLS, ON, Aug. 28, 2020 /CNW Telbec/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED)... Read more
Recent data published in the American Journal of Public Health shows that those who use cannabis are more likely to be able to quit injectable opioids. The study was carried out by a team of Canadian researchers through the British Columbia Centre on Substance Use. The team of researchers... Read more
It’s been four years since Florida voters signed off on a law legalizing medical marijuana, but cannabis patients in the Sunshine State have been unable to receive treatment in the form of edibles—until now. The Florida Department of Health published new emergency rules on Wednesday evening that clear the... Read more
Nebraska Secretary of State Bob Evnen confirmed on Wednesday that a voter initiative that would legalize the medicinal use of marijuana in the state had received enough signatures to qualify for the November ballot. Activists with Nebraskans for Medical Marijuana submitted petitions supporting the measure in July, saying they... Read more
A new study from researchers affiliated with two midwestern universities has found that the medicinal use of cannabis improves the quality of life of seniors. A report on the research, “Assessing Health-Related Outcomes of Medical Cannabis Use among Older Persons: Findings from Colorado and Illinois,” was published this week... Read more
Jushi Holdings Inc. Reports Second Quarter 2020 Financial Results Second Quarter 2020 Revenue Increases 73% Sequentially to $14.9 million; Reports Continued Strong Gross Profit of $7.5 million and Gross Margins of 50%; Announces Filing of Preliminary Base Shelf Prospectus to Provide Financing Flexibility; Provides Updated FY 2020 and FY... Read more
Animal care specialists at the Warsaw Zoo are studying the potential therapeutic uses of CBD by using it as a treatment for an elephant experiencing the grief of losing a member of its herd. The experiment at the zoo in Poland’s capital is being led by Dr. Agnieszka Czujkowska,... Read more
