One company in Colorado is aiming to become the first to examine the effects of marijuana on Alzheimer’s disease. The Denver Post reported that MedPharm Holdings intends to apply for a research and development license “to test delta-9 tetrahydrocannabinol (THC), cannabidiol (CBD) and other cannabinoids’ effects on Alzheimer’s and... Read more
For the first time ever, cannabis will be the theme of some exhibits at the prestigious Philadelphia Flower Show, which opens this weekend at the Pennsylvania Convention Center. Three of the show’s exhibits will feature cannabis, although no cannabis plants or products will be on display. The Philadelphia Flower... Read more
In front of Mexico’s Senate building, a group of cannabis activists has erected a semi-permanent protest camp meant to call attention to the Supreme Court’s impending April 30th deadline for legislators to regulate recreational marijuana. Inside the building, the chamber opened discussion on the regulatory plan today. But Wednesday... Read more
The exact size and scope of Maine’s medical marijuana market has been revealed for the first time thanks to new sales tax data. The figures, provided by the Maine Department of Administrative and Financial Services and reported on by the Portland Press Herald, showed that the market is much... Read more
The Oklahoma state Senate voted on Wednesday to approve a bill that would protect the right to own a firearm for medical marijuana patients. The measure, Senate Bill 959, was approved by a unanimous vote by the full Senate and will now head to the Oklahoma House of Representatives... Read more
The ongoing dilemma over lab testing has defined the rollout of Texas’ new hemp law. This month brought another development, with the state’s Department of Public Safety informing law enforcement that state labs will not conduct testing in misdemeanor marijuana cases. Lawmakers in Texas passed a bill last year... Read more
A broader legalization of recreational cannabis is one step closer in Vermont. The state’s General Assembly gave its initial approval for S. 54, a bill that would regulate recreational cannabis on Wednesday, in a preliminary vote of 90-54. Vermont became the first state in the country to pass a... Read more
MedMen Reports Second Quarter Fiscal 2020 Financial Results – Designated News Release Second quarter revenue of $44.1 million (excluding Arizona), up 50% year over year and 11% sequentially Opened five new retail locations during the quarter, including four in Florida and one in Illinois Corporate SG&A decreased by 11%... Read more
Ayr Strategies Reports Record Fourth Quarter and Full Year 2019 Financial Results Ayr Reports Annualized 2019 Results In-Line with Ambitious Growth Expectations; Reiterates Strong 2020 Outlook Record Quarterly Revenue of $32.3 Million and Adjusted EBITDA¹ of $9.2 Million Generated $3.9 Million Cash Flow from Operations in Q4 Nevada Retail... Read more
Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2019 Results Acquisitions Drive 269% Q4 Revenue, 311% Q4 Net Income and 293% Q4 AFFO Growth Year-over-Year Fourth Quarter 2019 and Year-to-Date Highlights Financial Results and Financing Activity IIP generated total revenues of approximately $17.7 million in the quarter, representing a... Read more
