Cannabis REIT Boosts Dividend 33%
FeaturedTrending Stories June 14, 2019 0
Innovative Industrial Properties Declares Second Quarter 2019 Dividends Common Stock Dividend Increased 33% from Prior Quarter and 140% from Q2 2018 SAN DIEGO, June 14, 2019 –(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on... Read more
North Carolina Farmers, Lawmakers Pushing for Hemp Legalization
FeaturedHempNorth CarolinaTrending Stories June 14, 2019 0
Lawmakers in North Carolina are considering a bill that would allow farmers in the state to grow hemp. The measure, the North Carolina Farm Act of 2019 (Senate Bill 315), would classify hemp as a “viable agricultural commodity” and permit farmers to cultivate and sell the crop. Hemp agriculture... Read more
California Court Rules Possession of Small Amounts of Marijuana Legal in Prison
CaliforniaFeaturedTrending Stories June 14, 2019 0
We already know that inordinate amounts of people are in jail for small-time marijuana possession across the country — even in states that have legalized recreational marijuana, but are behind the times when it comes to the expungement of past criminal records. Compounding this issue is the prisoners who... Read more
Researchers conducting an archaeological study of tombs in western China have found the earliest evidence of cannabis smoking so far discovered, according to a report on their work published on Wednesday in the journal Science Advances. Analysis of braziers in the tombs revealed that cannabis plants with high levels... Read more
Ohio Medical Board Rejects Addition of Depression to Medical Marijuana Program
FeaturedOhioTrending Stories June 13, 2019 0
The State Medical Board of Ohio rejected a proposal on Wednesday that would have added depression, opioid addiction, and insomnia to the list of conditions that qualify a patient for the state’s medical marijuana program. The board also decided to delay a vote on including anxiety and autism as... Read more
Denver Police Investigating Series of Break-Ins at Dispensaries
ColoradoFeaturedTrending Stories June 13, 2019 0
In Denver, Colorado, dispensary break-ins are pretty much par for the course. So far this year, police have reported around 35 break-ins at weed shops in the greater metro area. That’s more than one dispensary burglary each week, and about as many as police reported at this point last... Read more
Three Ounce Possession of Marijuana Decriminalized in Cincinnati
FeaturedOhioTrending Stories June 13, 2019 0
You will soon be able to walk the streets of Cincinnati, marijuana in hand. After careful debate, the city council passed an ordinance on Wednesday that will make possession of marijuana legal up to three ounces. Many council members saw the measure as a compromise, but the majority... Read more
Tax revenues from Colorado’s cannabis industry have topped $1 billion since legalization, according to a new report released on Wednesday by Denver cannabis law firm Vicente Sederberg. The report details and analyzes fees and taxes collected by the Colorado Department of Revenue since the beginning of legal sales of... Read more
HEXO Corp reports third quarter 2019 financial results Key highlights of third quarter of 2019 fiscal year HEXO remains on-track ramping up to $400 million net revenue in fiscal 2020 and to double net revenue in Q4 fiscal 2019 Entered a syndicated credit facility with CIBC and BMO for... Read more
Green Growth Brands Surpasses 50 Seventh Sense CBD Shops Open in Four Months
FeaturedTrending Stories June 12, 2019 0
Green Growth Brands continues to deliver on its rapid expansion strategy, targeting over 200 shops in operation by the end 2019 COLUMBUS, June 12, 2019 /PRNewswire/ – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (“GGB” or “the Company”) today announced that it has surpassed 50 Seventh Sense Botanical... Read more