Louisville Public Safety Committee Advances Marijuana Decriminalization Ordinance
FeaturedKentuckyTrending Stories June 23, 2019 0
The capital of Kentucky, a state that lacks even a barebones medical marijuana program, has passed out of committee an ordinance regulating possession of small amounts of marijuana the lowest priority for law enforcement. The public safety committee of Louisville’s metro council voted for an ordinance on Wednesday that... Read more
Study Finds Cannabis Use During Pregnancy Increasing in United States
FeaturedTrending Stories June 22, 2019 0
Researchers have found that the number of women in the United States who use cannabis during pregnancy is increasing, according to a study published this week in the medical journal JAMA. Cannabis use during the first trimester of pregnancy was especially prevalent, researchers determined. To conduct the study, researchers... Read more
New York Legislators Vote to Pass Marijuana Decriminalization Bill
FeaturedNew YorkTrending Stories June 22, 2019 0
Unable to pass an anticipated bill to legalize marijuana in the state, New York’s state Senate and Assembly passed a bill on Thursday night to decriminalize the drug. Under the new regulation, small scale cannabis possession charges would be roughly equivalent to getting a parking ticket; $50 for under... Read more
House Votes to Protect States With Legal Marijuana From Feds
FeaturedTrending Stories June 22, 2019 0
The U.S. House of Representatives passed a measure on Thursday that protects states with legal marijuana from interference from the Department of Justice and federal law enforcement agencies. The amendment to the Commerce, Justice, Science, and Related Agencies Appropriations bill prohibits the Justice Department from spending funds to prevent... Read more
California Officials Launch Campaign to Combat Illicit Cannabis Market
CaliforniaFeaturedTrending Stories June 22, 2019 0
California cannabis regulators launched a new campaign on Friday that aims to combat the illicit marijuana market by educating consumers about the risks of unlicensed operators. Lori Ajax, the Chief of the Bureau of Cannabis Control (BCC), said in a press release that the statewide “Get #weedwise” public information... Read more
Prosecutor Issues Warning About Cannabis Edibles That Look Like Normal Candy
FeaturedTrending StoriesWest Virginia June 22, 2019 0
Halloween is still months away. But in Charleston, West Virginia, U.S. Attorney Mike Stuart says Trick or Treat will never be the same. On Thursday, Stuart’s office in the Southern District of West Virginia issued a public health alert about THC-infused edibles. The alert warns about cannabis edibles that... Read more
Cannabis REIT Extends Michigan Presence with $10 Million Project
FeaturedTrending Stories June 21, 2019 0
Innovative Industrial Properties Acquires Michigan Property and Enters Into Long-Term Lease with Emerald Growth Partners SAN DIEGO, June 21, 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 the regulated U.S. cannabis industry, announced today... Read more
Aurora Cannabis Prepared for Expansion of Canada’s Cannabis Market
FeaturedTrending Stories June 21, 2019 0
Efficient distribution, new partnerships and a broad range of high-margin products to be launched in major consumer markets EDMONTON, June 21, 2019 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabis worldwide, today announced its plans for... Read more
BC Supreme Court Green Lights Canopy Growth Deal with Acreage Holdings Yielding $2.63 per Share Payment
FeaturedTrending Stories June 21, 2019 0
Acreage Obtains Final Order for Plan of Arrangement with Canopy Growth and Confirms Record Date for Acreage Shareholders Entitled to Receive the Option Premium SMITHS FALLS, ON and NEW YORK, June 21, 2019 /PRNewswire/ – Acreage Holdings, Inc. (“Acreage”) (CSE:ACGR.U) (OTC: ACRGF) (FSE: 0ZV) and Canopy Growth Corporation (“Canopy... Read more
Canopy Growth Corporation reports fourth quarter and fiscal 2019 results with annual sales of $226.3M Achieved annual net revenue growth of 191% to $226.3 million. Generated $140.5 million of gross revenue from new Canadian recreational channel and $78.9 million in global medical sales. Fourth quarter revenue growth of 13%... Read more