After a 57.4% gain in Q1 followed by a pullback that had left it down 1% year-to-date as of the end of August, the Global Cannabis Stock Index moved sharply lower again in September, declining 16.0% to 53.25: The index, which had 52 qualifying members during the month following the quarterly... Read more
When recreational weed became legal in California, it included provisions that gave local governments the power to bar pot shops. And according to reporting done by the Los Angeles Times, roughly three-fourths of all municipalities have done precisely that. Yet despite the high number of localities that have prohibited... Read more
On Monday, a growing operation received the first one-acre, conditional-use permit for cannabis cultivation in Sonoma County, the northern California hotbed for Chardonnay, Cabernet Sauvignon, and Pinot Noir. The operation will be overseen by a grow team known as Petaluma Hills Farm, but the entire property—which will be located... Read more
Tennessee legislators can’t get medical marijuana legislation passed to save their lives, but the state’s Bureau of Investigation has announced a new policy that may make it easier on cannabis consumers. The agency will stop testing quantities of marijuana that are under half an ounce. The shift will supposedly... Read more
Lowell Cafe, the first fully licensed cannabis cafe in the United States, opens its doors in West Hollywood, California today, inviting patrons to pair a joint with its menu inspired by the flavor profiles of the plant. “In harmony with the West Hollywood community, the restaurant will offer a... Read more
Researchers at the University of Notre Dame in Western Australia want to transform the way we treat dementia and other cognitive impairments associated with old age. And they hope their upcoming study will point the way. In partnership with MGC Pharmaceuticals, the University of Notre Dame’s Institute for Health... Read more
Fire & Flower Announces Second Quarter 2019 Financial and Operational Results EDMONTON, Oct. 1, 2019 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF), today announced its financial and operational results for the thirteen weeks ended August 3, 2019. Financial and Operational Highlights for the thirteen weeks... Read more
The American Cannabis Operator Index extended its post-March weakness again in September, declining 17.9% to 50.59, similar to the two prior months: The index, which launched at the end of October with a value of 100, traded as low as 70.64 in late December after having reached a closing high of... Read more
After a 54.9% gain in Q1, the Canadian Cannabis LP Index has declined 46% over the past two quarters, with the index declining in September by 16.2% to 589.06: The index remains substantially below the all-time closing high of 1314.33 on September 25th a year ago, just ahead of Canadian legalization. It... Read more
LONDON (AP) — While the U.S. scrambles to crack down on vaping, Britain has embraced electronic cigarettes as a powerful tool to help smokers kick the habit. The Royal College of Physicians explicitly tells doctors to promote e-cigarettes “as widely as possible” to people trying to quit. Public Health... Read more
