Lowell Farms Inc. Announces Repurchase of $22 Million of Senior Secured Convertible Debentures California cannabis leader repurchases all outstanding senior secured convertible indebtedness SALINAS, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born vertically integrated cannabis company with advanced production... Read more
USDA Approves Low-THC Hemp Plants for U.S. Production, Breeding
FeaturedHempIndianaTrending Stories October 5, 2023 0
A variety of hemp plant genetically modified to produce little-to-no THC has been approved by the United States Department of Agriculture as safe to grow and breed on U.S. soil. The USDA’s Animal and Plant Health Inspection Service (APHIS) released a notice about the plants last week, created and... Read more
Cannabis Companies, Breast Cancer Organizations Join Forces for Breast Cancer Awareness
FeaturedTrending Stories October 5, 2023 0
According to the Centers for Disease Control and Prevention (CDC), 240,000 women and 2,100 men are diagnosed with breast cancer every year. Of that number, an estimated 42,000 women and 500 men lose their lives to the disease. There are many factors that contribute to a person’s diagnosis, including... Read more
Nearly $37M of Illegal Weed Found in Oakland, California Warehouse
CaliforniaFeaturedTrending Stories October 5, 2023 0
Last weekend, officials descended upon a warehouse in Oakland, California, allegedly full of illegal cannabis plants, according to the California Department of Fish and Wildlife (CDFW). Not only cannabis opponents, but also law-abiding operators are not fans of illegal cannabis operations that they must compete with. The department said... Read more
Sinaloan Cartel Appears To Ban Fentanyl Trafficking in Their Area
FeaturedTrending Stories October 4, 2023 0
Large banners have appeared throughout the narco-controlled Mexican state of Sinaloa appearing to ban fentanyl production and sales at the behest of “Los Chapitos,” the sons of the notorious cocaine kingpin “El Chapo.” According to Reuters, it is unknown who put the banners up, known as “necromantas,” despite what... Read more
Michigan K-12 Students Could Use Medical Pot on School Grounds Under New Bill
CBDFeaturedMichiganTrending Stories October 4, 2023 0
Michigan students enrolled in K-12 schools might be allowed to consume their medical cannabis on school grounds soon (and on the bus, something anyone who was bullied on those tragic vehicles is likely jealous of), FOX 2 Detroit reports. That is if new legislation introduced last week passes. Michigan... Read more
The Drug Enforcement Administration (DEA) recently released its National Forensic Laboratory Information System (NFLIS) Drug 2022 Annual Report, which compiles drug testing data collected during 2022. The NFLIS collects drug results from drug cases across the country by federal, state, and local forensic labs, and compiles the data to... Read more
More Than 150 Oklahoma Dispensaries Face New State Fines
FeaturedOklahomaTrending Stories October 4, 2023 0
More than 150 Oklahoma medical marijuana dispensaries have received letters from state regulators notifying owners that they owe thousands of dollars in fines for transactions that do not comply with the state’s medical cannabis regulations. Some providers could also lose their licenses for selling too much medical marijuana in... Read more
Tilray Brands Reports Q1 2024 Financial Results Record Q1 Net Revenue of $177 Million, Representing 15% Growth Year over Year Increased #1 Cannabis Market Share Position in Canada to 13.4% Grew Canadian Cannabis Revenue by 16.5% and International Cannabis Revenue by 37% With Closing of Acquisition of Eight Craft... Read more
Gov. Newsom Signs Bill Allowing MDMA, Psilocybin Prescriptions If/When Feds Reschedule
CaliforniaFeaturedTrending Stories October 3, 2023 0
Governor Gavin Newsom has signed a bill into law which would allow California doctors to immediately begin writing prescriptions for MDMA and psilocybin medications should the federal government choose to reschedule them. Gov. Newsom signed AB 1021 on Saturday in an effort to prepare California doctors ahead of expected... Read more