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
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 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
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
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
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
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
Researchers at the Ottawa Hospital Research Institute found that cannabis use during pregnancy may increase the risk of delivering the child early. The study, which was published Tuesday in the Journal of the American Medical Association, evaluated 661,617 pregnancies, among them 9,427 women who said they were cannabis users.... Read more
Here’s the latest proclamation to fan the flames over the country’s burgeoning marijuana legalization movement; a group of doctors published an op-ed in the Sunday New York Times advocating for the legal age of cannabis consumption to be raised to 25. Physicians Kenneth L. Davis and Mary Jeanne Kreek... Read more
