We already knew that Illinois’ cannabis industry saw massive sales during its first month in action — $39,247,840.83 worth of product sold, to be exact. But now the state’s Department of Revenue has released its figures on taxes, and it’s official that Illinois is also experiencing a windfall; $7.3 million... Read more
The Valens Company Reports Record Financial Performance in the Fourth Quarter and Fiscal Year Ended November 30, 2019 with Q4 Adjusted EBITDA(1) of $17.7 Million KELOWNA, BC, Feb. 24, 2020 /PRNewswire/ – Valens GroWorks Corp. (TSXV: VLNS) (OTCQX: VLNCF) (the “Company”, “Valens” or “The Valens Company”), a global leader... Read more
Might there be a heightened danger for older patients who use medical marijuana? That’s what one professor at the University of Iowa is aiming to find out. Thorsten Rudroff, a professor in the department of neurology at the University of Iowa’s Carver College of Medicine, is currently looking for... Read more
As the competition between Democratic presidential hopefuls heats up, Senator Elizabeth Warren has published her plan for the cannabis policy that she would enact should she make it to the White House. Her plan — light on details compared to some of her opponents’ cannabis platforms — puts fixing the prejudice... Read more
After a failed attempt to legalize recreational cannabis in New York last year, Democratic Gov. Andrew Cuomo announced that he plans to try again in 2020 and is going to visit other states with legal pot to learn how it’s done. “I’m going to visit Massachusetts, Illinois, and California... Read more
Driven Deliveries, Inc., the first publicly-traded cannabis delivery service operating in the U.S., has announced its intention to acquire Humboldt Heritage, Inc., a Northern California-based cannabis distribution company with deep roots in the Emerald Triangle. The purchase will result in California’s largest farm-to-consumer, vertically-integrated operator and is projected to... Read more
For the first time ever, Kentucky’s House of Representatives has approved a bill that would allow the state’s residents access to medicinal marijuana treatment. After Thursday’s 65-30 vote in favor of passing House Bill 136, the initiative will head to the state Senate. There, HB 136 will face its... Read more
A cannabis dispensary proposed for Chicago’s upscale West Town neighborhood is drawing opposition from officials at a nearby addiction treatment center, who say the store would pose a risk to the facility’s clients. Licensed cannabis company NuMed wants to open the dispensary on the second floor of a building... Read more
4/20 is less than two months away. And the 2020 High Times Cannabis Cup Central Valley is even closer. Over the April 18-19 weekend, denizens of high-mindedness from around the country and around the world will gather in Sacramento, California to kick off the 420 season with the world’s... Read more
Exclusive Interview with Akerna Chairman and CEO Jessica Billingsley New Cannabis Ventures last spoke with Akerna (NASDAQ: KERN) Chairman and CEO Jessica Billingsley just ahead of the company’s public debut in the summer of 2019. Since becoming the first cannabis technology company to trade on a major U.S. exchange,... Read more
