This Fast-Growing Tech Stock Could Be Special It’s no secret that tech stocks can provide some of the best returns in today’s environment. Just take a look at how much the tech-laden Nasdaq Composite has outperformed the S&P 500 index so far this year and you’ll see what I... Read more
COVID-19 Fuels Stronger Demand for AppFolio Cloud Tech AppFolio Inc (NASDAQ:APPF) has been thriving during the coronavirus pandemic, a time when many companies have been reporting abysmal financial results. In fact, the company recently reported strong first-quarter results. AppFolio didn’t provide any guidance for fiscal 2020, citing uncertainty around... Read more
Police officers in Austin, Texas will no longer arrest or issue citations to those suspected of possessing small amounts of marijuana, according to an Austin Police Department memorandum released on Thursday. The policy change comes five months after the Austin City Council voted to end enforcement of low-level cannabis... Read more
A grand jury in Santa Barbara, California criticized the county’s cannabis regulations in a report released this week, writing that members of the Board of Supervisors allowed marijuana businesses to dictate policy and failed to serve the interests of the county’s residents. The grand jury, which serves as an... Read more
Editor’s Note: Cannabis Business Times follows Associated Press Style and now capitalizes the “b” in “Black” when referring to people in the context of race, culture or ethnicity.” On June 26, Minorities 4 Medical Marijuana (M4MM) and the Minority Cannabis Business Association (MCBA) co-hosted a Facebook Live event titled... Read more
In January, my colleague, Jesse Mondry, wrote about Snyder v. Green Roads of Florida, a case in which the U.S. District Court for the Southern District of Florida stayed a class action lawsuit against a cannabidiol (“CBD”) company until the Food and Drug Administration (“FDA”) forges a legal path for the manufacture, sale and marketing […]
Monday, June 29, West Virginia officially announced the plan to reopen their application process for medical cannabis testing labs so that more labs can get registered and their medical cannabis testing program can get off the ground. “The West Virginia Department of Health and Human Resources, Bureau for Public... Read more
Denver, Colorado-based edible juggernaut Dixie Brands released a statement that the company will rename itself, thus distancing itself from the word “Dixie” and its connection to hateful beliefs of the past, specifically slavery. The reasoning behind the name-change is openly evident, judging by current events: Monuments and symbols linked... Read more
Prosecutors in Nashville, Tennessee will no longer file criminal charges for possession of less than a half-ounce of marijuana, District Attorney General Glenn Funk announced on Wednesday. The change in prosecutorial policy goes into effect immediately, according to a statement from the Nashville District Attorney’s office. “Marijuana charges do... Read more
