Not even a pandemic can stop Oklahoma’s medical marijuana program from humming right along. The state’s tax commission said that sales for medical cannabis last month hit another new record, according to the Oklahoman, which said that “dispensaries remitted almost $9.8 million in state taxes during April.” According to... Read more
High Times Holding Corporation, the parent company of High Times magazine, announced on Tuesday that retail industry veteran Peter Horvath had been hired as the company’s CEO. Horvath comes to High Times with extensive experience in retail, including stints with Victoria’s Secret, American Eagle Outfitters, DSW, and cannabis firm... Read more
Plus Products Reports Audited 2019 4th Quarter and Year-End Financial Results SAN MATEO, Calif., May 07, 2020 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its audited financial and operational results for the... Read more
Cronos Group Reports 2020 First Quarter Results Fermented target cannabinoid, CBGA, using cannabinoid strains at Cronos Fermentation R&D labs Successfully completed first dried flower shipment to Israel, as Cronos Israel moves closer to entering the medical cannabis market with PEACE NATURALS™ branded products Natuera completes key operational milestones and... Read more
A marijuana bust on a California Indian reservation this week yielded more than 22,000 plants, and left 10 individuals in custody. The Press Democrat reported that San Jose police had detained 10 people—two women and eight men—on Tuesday at Mendocino County’s Round Valley Indian Reservation, while detectives on the... Read more
Despite the major impact the COVID-19 outbreak has had on the economy in general, and especially the cannabis industry in the absence of federal loans, the medical cannabis industry in Maine claims that business is still booming. Those involved in medical cannabis in the state claim that customers are... Read more
Homeless people battling addiction while living in San Francisco’s hotels during the COVID-19 pandemic will be administered “limited quantities” of alcohol, marijuana, and tobacco, the city said this week. This is an action being taken in the interest of harm reduction. In a statement that was reported by SFGATE,... Read more
The Florida Supreme Court heard arguments on Wednesday challenging a proposed ballot measure that would legalize the recreational use of cannabis in the state. If approved by voters, the initiative constitutional amendment would legalize the use of marijuana by adults and establish a regulatory framework for commercial cannabis cultivation... Read more
Recent data published in Nature: Human Behavior shows that although police are now less likely to conduct searches for cannabis at a traffic stop now that cannabis is legalized in several states, people of color are still the ones being targeted and stopped. The research was conducted by folks... Read more
ScottsMiracle-Gro Announces Second Quarter Results Driven by Strong Growth in Both Major Reporting Segments Sales guidance increased for Hawthorne; 2020 adjusted EPS guidance re-affirmed Hawthorne sales rise 60% driven by continued demand for indoor growing products U.S. Consumer sales increase 11% with strong growth in consumer purchases GAAP EPS:... Read more
