Bill Richardson, the former governor and diplomat, expressed confidence on Sunday that American basketball star Brittney Griner will be released from Russian custody before the end of the year. In an interview on CNN, Richardson said he is “cautiously optimistic” about the release of both Griner and Paul Whelan,... Read more
The clock may be ticking on 2022, but New York is still on track to open its first recreational marijuana dispensaries by the end of the year. That is according to the state’s Democratic governor, Kathy Hochul, who said Wednesday that she expects the first official cannabis retailers to... Read more
President Joseph Biden’s historic announcement that he would pardon all federal marijuana possession convictions and direct administration officials to study easing restrictions on the drug sent shockwaves across the country on Thursday, with activists, cannabis industry officials, pundits, and policymakers all weighing in on the issue. Biden announced the... Read more
Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry Balance Sheet Remains in Net Cash Position, Further Strengthened with Accretive Debt Reduction EDMONTON, AB, Oct. 7, 2022 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the... Read more
Tilray Brands’ First Quarter Fiscal Year 2023 Performance Affirms Global Cannabis Leadership Reported Net Revenue at $153.2 Million; On a Constant Currency Basis, Net Revenue Remained Strong at $166.5 Million Cannabis Gross Margin Increased to 51% from 43% in the Prior Year Quarter Delivered $108 Million in Annualized Cash... Read more
California Gov. Gavin Newsom is drawing plaudits from drug reform advocates after signing a bill into law last month that will create the option for an alternate plea to individuals facing certain drug convictions. Titled the “Alternate Plea Act,” the law enables prosecutors to offer some defendants who have... Read more
The northern African nation of Morocco formally launched its legal cannabis industry this week with the issuance of the country’s first 10 permits to produce cannabis. The Moroccan government legalized the regulated production and commercialization of cannabis for medicinal and industrial purposes in March of last year, giving its... Read more
Today President Joe Biden announced that he will pardon people with federal convictions for simple possession of cannabis. Going further, he announced that he will direct the U.S. Attorney General Merrick B. Garland and Secretary of the Department of Health and Human Services Xavier Becerra to begin the process... Read more
Exclusive Interview with TILT Holdings CEO Gary Santo In early 2021, TILT Holdings (NEO: TILT) (OTCQX: TLLTF) rolled out a new B2B strategy supported by plant-touching and technology business segments. The company’s Jupiter business, focused on vape hardware and packaging, served as the impetus for this pivot. Jupiter has... Read more
A lawsuit filed on Sept. 28 in the U.S. District Court for the Eastern District of Michigan claims that the city’s adult-use cannabis ordinance is unfair to longstanding city residents. The lawsuit comes from plaintiffs Arden Kassab, who owns multiple medical cannabis dispensaries in Detroit, and PharmaCo. In June... Read more
