When they transported her from one prison to another, the officers shackled her around her wrists, waist and feet. Evelyn LaChapelle shuffled in half steps. “You’re in the middle of a runway with no one else, with the world not even knowing you’re there. They don’t even allow you... Read more
A Missouri hemp company is being sued for allegedly sending unsolicited advertising texts, the latest cannabis firm accused of violating federal laws against spamming. The federal lawsuit, filed Aug. 7 in Vermont, accuses Native Hemp Co. of using an automated dialing system “to bombard consumers’ mobile phones with non-emergency... Read more
Meetings continue between hemp advocates and the White House, signaling that the U.S. Food and Drug Administration’s CBD Enforcement Policy remains under review. On Thursday, hemp and cannabis attorney Shawn Hauser, a partner with Denver-based law firm Vicente Sederberg, along with Eric Steenstra, president of industry advocacy group Vote... Read more
Before he became a full-fledged advocate for full-spectrum cannabinoid products, Tim Gordon admits he was fascinated with the potential of CBD alone. “My passion was CBD and understanding this Swiss Army knife of molecules,” Gordon told Hemp Industry Daily editor Kristen Nichols during HID’s latest webinar. Gordon, the founder... Read more
Hexo Corp. Completes C$34.5 Million At-the-Market Offering Program OTTAWA, Aug. 13, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it has completed its previously announced at-the-market equity program (the “ATM Program”). Under the ATM Program, the Company sold an aggregate... Read more
GrowGeneration Reports Record Financial Results Q2 2020 Record Revenues of $43.5 Million, Adjusted EBITDA of $4.6 Million and Net Income of $2.6 Million 2020 Revenue Guidance Increased to $170-$175M Adjusted EBITDA Guidance for 2020 is $17.0-$18.0M GAAP Net Income Guidance for 2020 is $7.0-$8.0M 2021 Revenue Guidance Set at... Read more
Sundial Reports Second Quarter 2020 Financial Results CALGARY, AB, Aug. 13, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for the second quarter ended June 30, 2020. All financial information in this press release is reported in millions of... Read more
The California legislature is considering a new law (AB-1639) that, if passed, would restrict how cannabis vape products are made and sold. AB-1639 would change California law for tobacco and cannabis businesses (for the purposes of this post, we’ll just focus on the cannabis side of the law), and would effectively prohibit almost any kind […]
Ryan Allway August 13th, 2020 Colorado cannabis sales topped $150 million for the first time ever during the COVID-19 pandemic. According to the Department of Revenue’s Marijuana Enforcement Division, recreational consumers spent $158.1 million at Colorado shops in June. Combined recreational and medical sales reached nearly $200 million—a 3.5%... Read more
