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Science Reveals The Cannabis Industry’s Greatest Lie: You’re Buying Weed Wrong (And So Is Everyone Else)

Marijuana Industry News June 16, 2020 0

There’s much more to cannabis than THC—for solid proof, look no further than the CBD boom—but when it comes to moving product on the legal recreational market, only two numbers matter: the list price, and the THC content. Super-potent cannabis flower, with THC percentages of 25 percent and up,... Read more

4Front Announces Fiscal Year 2019 Fourth Quarter and Year End Financial Results, Preliminary First Quarter 2020 Results and Business Update

Marijuana Industry News June 16, 2020 0

PRESS RELEASE Q4 2019 Systemwide Pro Forma Sales of $17.5m, an increase of 525% over Q4 2018. 2019 Full Year Systemwide Pro Forma Sales for 2019 of $63.5m, an increase of 786% over full year 2018. Q1 2020 Systemwide Pro Forma Sales of $23.8m, an increase of 36% over... Read more

Jenny Montenegro Named Chief Operating Officer of Indus Holdings, Inc.

Marijuana Industry News June 16, 2020 0

“I am thrilled to be a part of the Indus team,” says Jenny Montenegro, Chief Operating Officer. “I am looking forward to pursuing my passion for continuous improvement and working with each of the departments within the company to maximize efficiency and excel the company’s trajectory towards profitability.” Ms.... Read more

Wana Wellness Quick Fast-Acting Hemp Tincture provides near-instant effectiveness and unmatched bioavailability

Marijuana Industry News June 16, 2020 0

PRESS RELEASE Faster, Stronger and More Effective: Groundbreaking Delivery System will transform the future of CBD consumption Boulder, Colo. (June 16, 2020) — Wana Wellness has launched a line of innovative Wana Wellness Quick Fast-Acting Hemp Tinctures, with effects achieved within 5 to 15 minutes. Featuring a range of functional ingredients, The... Read more

UN members meeting next week to consider CBD changes

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics June 16, 2020 0

A meeting is scheduled for next week to discuss World Health Organization recommendations on marijuana, CBD and related substances. The recommendations include removing CBD and CBD preparations containing no more than 0.2% THC from the international drug-control conventions. The WHO’s CBD recommendation, if ultimately adopted, could lead to freer... Read more

European hemp group members approve plan for CBD, THC studies

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics June 16, 2020 0

The main hemp industry body in Europe has received a green light from its members to move forward with “unprecedented” studies on cannabidiol and THC as part of a joint novel food authorization application. An “overwhelming majority” of European Industrial Hemp Association members voted on Monday in favor of... Read more

Canadian Cannabis Retailer Fire & Flower Quarterly Revenue Increases 142% to $23.1 Million

Featured Trending Stories June 16, 2020 0

Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet DMONTON, AB, June 16, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial... Read more

Charlotte’s Web Prices C$67.5 Million Unit Offering at C$6.75

Featured Trending Stories June 16, 2020 0

Charlotte’s Web Announces C$67,500,000 Underwritten Public Offering BOULDER, Colo., June 16, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announces today that it has entered into an agreement with Canaccord Genuity Corp. (the... Read more

Vireo Health Q1 Revenue Increases 110% to $12.1 Million

Featured Minnesota New York Trending Stories June 16, 2020 0

Vireo Health Announces First Quarter 2020 Financial Results First-quarter revenue of $12.1 million increased 34% sequentially and 110% year-over-year Minimal capex requirements position Company for stronger second half compared to 2019 Recent cost reduction initiatives to begin materializing in results during the second quarter MINNEAPOLIS, June 16, 2020 /PRNewswire/... Read more

Why We Love the Harborside IRC § 280E Appeal

Uncategorized June 16, 2020

Recently, I mentioned that except for Champ v. Commissioner, no cannabis company has ever won an Internal Revenue Code § 280E case. One of the more famous setbacks was a 2018 case known as Harborside v. Commissioner, which expressly found IRC § 280E constitutional. That decision started with the memorable line that: “[Harborside] owns […]

The post Why We Love the Harborside IRC § 280E Appeal appeared first on Harris Bricken.

Science Reveals The Cannabis Industry’s Greatest Lie: You’re Buying Weed Wrong (And So Is Everyone Else)

4Front Announces Fiscal Year 2019 Fourth Quarter and Year End Financial Results, Preliminary First Quarter 2020 Results and Business Update

Jenny Montenegro Named Chief Operating Officer of Indus Holdings, Inc.

Wana Wellness Quick Fast-Acting Hemp Tincture provides near-instant effectiveness and unmatched bioavailability

UN members meeting next week to consider CBD changes

European hemp group members approve plan for CBD, THC studies

Why We Love the Harborside IRC § 280E Appeal

Texas Senate Hearing On Hemp Also Touches On Medical Cannabis And Broader Marijuana Legalization Issues

GOP Congressional Committee Removes D.C. Marijuana Sales Ban And Adds Cannabis Banking Protections In Key Spending Bill

New Hampshire House Lawmakers Offer Senators A Marijuana Legalization Compromise At Conference Committee Meeting

High Tide Inc. (HITI) Welcomes Alberta’s Decision to Allow Private Label Cannabis Sales

Canopy Growth Corporation (CGC) Announces Exercise of Acreage Options Paving the Way for Acquisition

The Green Organic Dutchman Signs a Commercial Sublicense with EnWave and Tilray to Dry Cannabis in Canada