Record-breaking Illinois pot sales light up ‘thriving cannabis industry’ — despite unregulated hemp market
The average price of bud has fallen gradually, numbers show. Recreational sales grew 2.5% last year, with dispensaries logging $1.722 billion in sales.
Cannabis industry faces debt reckoning without bankruptcy help
The biggest companies, those that operate in more than one state, have as much as $6 billion in debt maturing next year, according to Beau Whitney, chief economist at Whitney Economics, which …
Western Mass. cannabis farm sues neighbor for $17M over pesticide contamination
A first-of-its-kind lawsuit accuses a neighboring farm in Massachusetts of negligently spraying pesticides, contaminating a year of cannabis crops and bringing the pot farm to a standstill.
In first-of-its-kind case, Western Massachusetts cannabis farm sues neighbor over pesticides
River Valley Growers in Hatfield alleges that the commercial farm next door ruined years of pot harvests, putting the future of its business in danger.
Tribal leaders ready to explore cannabis industry due to fear of losing federal funding
Cannabis is illegal in Wisconsin for both recreational and medical use. But it’s unclear how that affects tribal reservations.
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Cannabis business closures accelerate in Massachusetts as 23 surrender or let licenses expire
The consolidation continues the trend of an increased rate of cannabis businesses surrendering their licenses.
Where Is Cannabis Legal In Europe?
So for now, the EU market is small when it comes to cannabis sales. This year sales are expected to reach $1.2 billion, according to a report by Prohibition Partners. It is projected to reach $2.6 …
Cannabis giant pulls out of Michigan as state’s sales fall fourth consecutive month
According to the Detroit Free Press, which cited a WARN Act notice filed in Michigan, TerrAscend Corp. plans to close 20 locations and cut 230 jobs due to ongoing business challenges in the state. The …
Concerns grow over transparency, legality of Kentucky’s medical marijuana rollout
Three Louisville-area business owners are suing the state over how Kentucky awarded its first round of medical marijuana business licenses.
Denver cannabis co. buys Westminster dispensary, names new CFO
Trees also announced on Feb. 1 that the company named a new chief financial officer. Mikayla Gilbert, 32, was promoted to the new role, replacing former CFO Edward Myers. Trees promoted Gilbert from …
Wall of silence from customs over cannabis shutdown
A nascent industry in cannabis products in Bermuda, including products without any psychoactive effect and used to treat anxiety, has been shut down by the customs department without explanation, two …
Oklahoma senator introduces bill to block tax breaks for marijuana businesses
Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their taxes.
Aurora Cannabis: Strong Buy On Blowout Results And Constructive Outlook
As a leader in the medical cannabis space, Aurora Cannabis is enjoying premium margins. Read why I rate ACB stock a Strong Buy.
CNBS Is A New Opportunity For Cannabis Investors
CNBS’s portfolio is less concentrated in a few stocks compared to MSOS, reducing risk. Check out why I rate the fund a buy.
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