The American Cannabis Operator Index extended its post-March weakness again in September, declining 17.9% to 50.59, similar to the two prior months: The index, which launched at the end of October with a value of 100, traded as low as 70.64 in late December after having reached a closing high of... Read more
Canadian LP Index Posts Third Consecutive Double-Digit Monthly Percentage Decline in September
FeaturedTrending Stories October 1, 2019 0
After a 54.9% gain in Q1, the Canadian Cannabis LP Index has declined 46% over the past two quarters, with the index declining in September by 16.2% to 589.06: The index remains substantially below the all-time closing high of 1314.33 on September 25th a year ago, just ahead of Canadian legalization. It... Read more
While Lawmakers Discourage Vaping In US, Doctors in The UK Promote It
FeaturedTrending Stories September 30, 2019 0
LONDON (AP) — While the U.S. scrambles to crack down on vaping, Britain has embraced electronic cigarettes as a powerful tool to help smokers kick the habit. The Royal College of Physicians explicitly tells doctors to promote e-cigarettes “as widely as possible” to people trying to quit. Public Health... Read more
New Clinical Trial Will Examine Effects of Cannabis Compound on Autism
FeaturedTrending Stories September 30, 2019 0
A New York clinical trial will study the effects of the cannabis compound cannabidivarin, or CBDV, on patients with autism, according to a report from CNN. The study at the Montefiore Medical Center will examine the effects of CBDV on irritability and repetitive behaviors in children with autism spectrum... Read more
Indianapolis’ Chief Prosecutor Nixes Future Simple Possession Cases
FeaturedIndianaTrending Stories September 30, 2019 0
The prosecutor for the biggest county in Indiana just announced his office will no longer pursue simple marijuana possession cases. The decision from Marion County’s Prosecutor Ryan Mears was one of the first from his Indianapolis office since he took over last week after his former boss left for... Read more
Kentucky Will Begin Accepting Applications For 2020 Hemp Programs In Mid-November
FeaturedHempKentuckyTrending Stories September 30, 2019 0
Kentucky’s hemp program is just about open for business. The state said that it will begin accepting applications for growers and processors wishing to receive a license to participate in the program beginning in mid-November. According to the Associated Press, Kentucky Agriculture Commissioner Ryan Quarles said the application period... Read more
iAnthus Taps Gotham Green for $20 Million Financing
FeaturedTrending Stories September 30, 2019 0
iAnthus Announces $100 Million Financing Plan to Fully Build Out Existing Markets Closes Initial Tranche of Plan with Gotham Green Partners for $20 Million Senior Secured Convertible Notes Management Conference Call Scheduled for Monday September 30, 2019, 8:30AM ET NEW YORK and TORONTO, Sept. 30, 2019 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN,OTCQX: ITHUF),... Read more
Governor of Pennsylvania Asks Legislators To Consider Legalizing Recreational Cannabis
FeaturedPennsylvaniaTrending Stories September 28, 2019 0
Tom Wolf, the Governor of Pennsylvania, now numbers himself among Pennsylvanians who stand in favor of legalizing recreational cannabis. It took some time for Gov. Wolf to come around to this position, and the efforts of his Lt. Governor, John Fetterman, are largely to thank for evolution on the... Read more
Report Shows Some Vapes from Illicit Sources Contain Highly Toxic Pesticides
FeaturedTrending Stories September 28, 2019 0
An alarming new report is raising more concerns about e-cigarettes, particularly the vaping products that come from unregulated sources. The details come from an investigation published Friday by NBC News, which commissioned a top cannabis testing facility to test a sample of 18 THC vaping cartridges. The cartridges were... Read more
Johnson & Johnson Appeals Oklahoma Judge’s $572 Million Order Against Them
FeaturedTrending Stories September 28, 2019 0
OKLAHOMA CITY (AP) — Consumer products giant Johnson & Johnson is appealing an Oklahoma judge’s $572 million order against the company and its subsidiaries for helping fuel the state’s opioid crisis. The company filed an appeal with the Oklahoma Supreme Court on Wednesday, arguing the ruling was an “unprecedented... Read more