Lebanon is on the cusp of entering the marijuana marketplace.  The country’s parliament is nearing a vote on whether to legalize cannabis for both medicinal and industrial purposes, a move that Al Jazeera reports is part of an “effort to boost its crippled economy and curb illicit production of... Read more
KushCo Holdings Announces Preliminary Fiscal Second Quarter 2020 Revenue Results and Provides Corporate Updates CYPRESS, CA / ACCESSWIRE / March 13, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (”KushCo” or the ”Company”), the premier producer of ancillary products and services to the legal cannabis and CBD industries, today reported preliminary... Read more
Tilray, Inc. Announces Pricing of its $90.4 Million Registered Offering NANAIMO, British Columbia, March 13, 2020–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announced today that it has priced an underwritten registered offering of 7,250,000 shares of its... Read more
Two bills that would change federal policy regarding the medicinal use of cannabis by military veterans were approved by the House Veterans Affairs Committee on Thursday, a move that sets the stage for a potential floor vote on the measures by the full House. The first bill, known as... Read more
Just over two years after commercial cannabis sales became legal in California, the state has collected more than $1 billion in taxes from commercial marijuana activity. Last week, the California Department of Tax and Fee Administration (CDTFA) announced that as of February 18, 2020, cannabis tax revenues have totaled... Read more
The U.S. government’s response to the novel coronavirus COVID-19 took on new urgency on Wednesday night as President Donald Trump ordered a 30-day halt of travel from Europe. The move comes after the World Health Organization declared the outbreak a global pandemic earlier in the day. The president made... Read more
A bill to legalize medical marijuana in Tennessee cleared a major hurdle on Wednesday, passing out of a state Senate committee. But that step forward may be accompanied by a step backwards, as the panel tacked on an amendment to the legislation that would almost certainly lead to a... Read more
Hightimes Holding Corp., the owner of High Times®, the most well-known brand in cannabis, has announced that it has been approved for trading and has received its ticker symbol from FINRA. Upon completion of certain regulatory formalities, Hightimes will trade under the symbol “HTHC.” The company, which is presently... Read more
The Iowa House of Representatives passed a bill on Tuesday that would add more qualifying medical conditions to the state’s medical marijuana program and change the cap on THC for patients. The bill, House File 2589, was passed by a vote of 52 to 46. Under the bill, post-traumatic... Read more
New Jersey workers can’t be fired for failing a drug test as a result of using medical marijuana, the state’s highest court ruled on Tuesday. In a decision that backed an appellate court’s earlier ruling, the New Jersey Supreme Court said that patients approved under the state’s medical marijuana... Read more
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