Virginia’s Third Medical Cannabis Processor is Open to Patients
Marijuana Industry News December 1, 2020
In late November, Detroit City Council formally approved a plan to allow adult-use cannabis sales within the city. Until then, the largest city in Michigan had joined the 1,400 or so municipalities that had opted out of an adult-use cannabis market approved by voters in 2018. The new ordinance... Read more
Corporate Cannabis Q3: Getting Back to Baseline
Marijuana Industry News December 1, 2020
For the cannabis industry, Q3 2020 marked somewhat of a return to normalcy. Most multi-state operators (MSOs) saw an increase in both net and gross revenue, while also reigning in costs. And while a Democratic victory in November’s election is bringing some optimism to the field, experts and industry... Read more
Cresco Labs Launches Eighth Cannabis Brand, Wonder Wellness Co.
Marijuana Industry News December 1, 2020
For the cannabis industry, Q3 2020 marked somewhat of a return to normalcy. Most multi-state operators (MSOs) saw an increase in both net and gross revenue, while also reigning in costs. And while a Democratic victory in November’s election is bringing some optimism to the field, experts and industry... Read more
Nielsen predicts Amazon entry into U.S. CBD retail at MJBizCon hemp forum
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics December 1, 2020 0
Learn more about the state of retailing in the marijuana industry at MJBizCon 2020. E-commerce behemoth Amazon is likely to get involved in hemp CBD U.S. retail, according to a forecast revealed during the Hemp Industry Daily Forum as part of the cannabis industry’s flagship conference, MJBizCon. Sales of... Read more
USDA offers new and expanded hemp crop insurance options
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics December 1, 2020 0
Federal agriculture officials have announced additional coverage options through the pilot Multi-Peril Crop Insurance plan, allowing hemp producers more options for protecting their crops in the 2021 crop year. “Hemp offers exciting economic opportunities for our nation’s farmers, and we are listening and responding to their risk management needs,”... Read more
International biocontrols producer purchases California insectary to build grower support throughout North America
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics December 1, 2020 0
A global biological controls company has purchased a Redding, California-based insectary that specializes in raising beneficial and predatory insects used for natural crop protection and pest control. Through its U.S. subsidiary, Biobest USA, Biobest Group NV, a Belgium-based company focused on pollination and biological controls, has acquired all shares... Read more
Choom Announces Q1 2021 Financial Results – Reporting Record Revenue of $6.1 million
December 1, 2020
Ryan Allway December 1st, 2020 December 01, 2020 07:00 ET | Source: Choom Holdings Inc. VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) — Choom Holdings Inc. (“Choom” or the “Company”) (CSE: CHOO; OTCQB: CHOOF), a fast-expanding retail cannabis company that has established one of the largest store networks in Canada, is pleased... Read more
