A recent press release issued by BYND Cannasoft Enterprises Inc. provided a glimpse into the status of Israel’s medical cannabis industry and a recent increase in patients. The company explained that there has been a rapid rise in medical cannabis patients, about 2,000 in just one month. As of... Read more
Recreational cannabis was, at long last, made legal in Delaware earlier this year. But several of the state’s beach towns situated along the eastern seaboard have ridden a different wave, opting instead to maintain the prohibition on weed within their respective jurisdictions. The Delaware News Journal reported this week... Read more
Cannabis is so stigmatized that some New Yorker’s don’t even want to see it. One New York Republican wants to remove the eyesore of cannabis billboards and signs throughout the state, and introduced a bill that would do so, increasing penalties for signs that are already restricted. Assemblyman Scott... Read more
Afghani poppy farmers are estimated to have lost over $1 billion in value or 95% of their opium supply since the Taliban outlawed opium production in April 2022, according to a new report from the United Nations. The United Nations Office on Drugs and Crime issued a press release... Read more
Verano Announces Third Quarter 2023 Financial Results Delivers Record Revenue of $240 Million, Increasing Net Cash Provided by Operating Activities, and Raises and Tightens 2023 Free Cash Flow1 Guidance Range to $72-76 Million CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) — Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or... Read more
AWH ANNOUNCES Q3 2023 FINANCIAL RESULTS Reported Record Quarterly Revenue for 6th Consecutive Quarter Achieved $141.3M Net Revenue in Q3 2023, a 27.0% Increase Year-Over-Year and 14.9% Increase Quarter-Over-Quarter Reported $29.5 million in Adjusted EBITDA, a 38.5% Quarter-Over-Quarter Improvement Improved Adjusted EBITDA Margins by 356 Basis Points Sequentially Generates... Read more
Nevada officials are continuing to approve more consumption lounge applications, with six more conditional licenses approved by the Nevada Cannabis Compliance Board (CCB) for various cannabis companies. On Oct. 24, the CCB discussed approval for a variety of consumption lounge applications. The chosen businesses in this round include Curaleaf... Read more
Medicann is launching the first medical cannabis clinic in Ireland and is immediately accepting patients who believe they may be eligible for treatment, according to a news release. The clinic will cover “all conditions treatable with medicinal cannabis,” not limited to those recognized by Ireland’s Medicinal Cannabis Access Programme.... Read more
Pablo Escobar died of a gunshot wound during a 1993 shootout at his hideout in Medellin, but Pablo did not go down without leaving a very strange parting gift to his homeland: a bunch of hippos that escaped his private zoo, became feral and started terrorizing Colombian fishing towns. ... Read more
A biopharmaceutical company this week unveiled the results of a clinical trial it says showcases the potential of psychedelics as a mental health treatment. The findings come via Cybin, a Canadian company “committed to revolutionizing mental healthcare by developing new and innovative next-generation psychedelic treatment options.” According to the... Read more
