The U.S. Food and Drug Administration (FDA) announced Jan. 26 that a new regulatory pathway for CBD is needed and is calling for Congress to establish one. The agency announced that after careful review, the regulatory pathway for CBD is needed to manage risks and safety concerns, but it... Read more
Take a trip back in time to 2015, when the cannabis industry was in full bloom and a new player entered the scene: distillate. This clear and golden oil, created using short-path distillation, quickly became a hot commodity for creating smooth and powerful vape cartridges. As demand skyrocketed, processors... Read more
Akerna, a seed-to-sale software provider that owns MJ Platform and Leaf Data Systems, will merge with bitcoin mining firm Gryphon Digital Mining Inc. in a broad corporate move that will see the company formally leave behind the cannabis space. The merger is one part of the move. At the... Read more
Lilach Mazor Power, founder and CEO of The Giving Tree, a medical and adult-use cannabis business based in Phoenix, announced last week that she has taken on a new role as president of the board of directors for the Arizona Dispensaries Association (ADA). The organization, which officially launched in 2015, comprises... Read more
Predictions are easy. They are opinions and don’t necessarily need to be correct; in the same way New Year’s resolutions are shrugged off by March. Instead, what are the themes we all can come back to every day? Consider this an open letter to all my cannabis industry colleagues.... Read more
On Tilray’s recent Q2 F2023 earnings call on Jan. 9, chairman and CEO Irwin Simon discussed the possibility of allocating cultivation resources to fruits and vegetables as a way of countering oversupply in the cannabis space and hedging against the industry’s broader economic headwinds. The company’s second quarter ended Nov. 30,... Read more
On Jan. 10, 2023, Connecticut became the 18th state to launch commercial cannabis sales. With Connecticut’s launch, 18 of 21 adult-use states have launched commercial sales—with six states launching adult-use sales in 2022 and now one in 2023. Individuals 21 years and older in Connecticut can now possess up... Read more
Housing Works Cannabis Co. has spent the last 33 years serving homeless people suffering from HIV and AIDS, with a particular focus on those with substance use disorder. Now, the organization has embarked on a new journey as the first adult-use cannabis retailer in New York, opening its doors... Read more
Nearly five years after the 2018 Farm Bill legalized the production and sale of industrial hemp—and with the 2023 Farm Bill on the horizon—officials with the U.S. Food and Drug Administration (FDA) have indicated that they may take steps to regulate CBD this year. Thus far, the FDA’s official... Read more
Five of the oldest cannabis markets in the U.S. are facing declining year-over-year sales figures for the first time since launching their respective commercial retail programs for adult use. After pandemic peaks equated to record growth across much of the industry in 2021, Colorado and Oregon dispensaries are now... Read more
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