Canadian Marijuana Company Rubicon Organics Reports Flat Revenue, Adjusted EBITDA Loss, Provides Positive Outlook
Rubicon Organics Inc. (TSXV:ROMJ) (OTCQX:ROMJF) reported its financial results Wednesday for the first quarter ended March 31, 2024, with revenue of CA$8.9 million ($6.5 million), a 1% increase from …
Biden administration seeks to reclassify marijuana from Schedule 1 to Schedule III. What this means and its impacts on businesses
The president’s proposal must be reviewed by the White House Office of Management and Budget before undergoing a public comment period.
EBCI inches toward adult marijuana use
Adults may soon be able to purchase marijuana for recreational use from Cherokee’s new dispensary. At a work session last week, the Eastern Band of Cherokee Indian’s Tribal Council discussed several …
Jones Soda’s Marijuana Drinks Bring In 200% Higher Q1 Revenue, Co. Eyes Expansion And Praises New Hemp Delta-9 Products
Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) reported its financial results for the first quarter ending March 31, 2024, revealing revenue improvement of 39% year-over-year reaching $5 million, from $3.9 …
Marijuana companies are spending millions in the run up to recreational sales launch
Medical marijuana sales began in Ohio in January 2019. Since then, and through March 25, licensed companies have sold $1.78 billion in cannabis flower and manufactured products. That includes $484.4 …
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.
Thailand to legislate medical marijuana, signals no re-criminalising
Thailand will work towards legislating marijuana for medical use, signalling a U-turn on plans to re-criminalise the plant.
Canopy Growth Stock Climbs as Investors Eye Kamala Harris as Positive for Cannabis Stocks
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Canopy Growth (NASDAQ:CGC) stock closed up 17.1% to start the week after …
Here’s Scotts Miracle-Gro’s path to directly investing in a marijuana seller
Riv Capital Inc. presents significant opportunity in the “plant-touching” portion of the cannabis industry, said Chris Hagedorn, Scotts executive vice president and division president of its Hawthorne …
Cannabis Stocks Gain After Biden’s Harris Endorsement
Shares of cannabis companies are getting a lift after President Joe Biden said he wouldn’t run for reelection and endorsed Vice President Kamala Harris as the Democratic nominee.
Thailand’s Cannabis Reversal Intensifies: Advocates Want Government To Provide Scientific Justification For Recriminalizing Marijuana
Thailand is witnessing rising tensions as pro-cannabis advocates threaten to protest at the Ministry of Public Health from …
CEO Convicted for $28M Long-Running Investment Fraud Scheme
Jackson, 71, of Honolulu, was Semisub’s CEO in addition to holding other corporate positions, and fraudulently solicited investments in Semisub … psychics, and marijuana. Jackson also sent a death …
State of Texas: Leaders weigh marijuana options after local decriminalization measure fails
An effort to decriminalize small amounts of marijuana appeared on the ballot recently in another Texas community, and the results turned out differently than similar …
Rescheduling is good news for California’s marijuana industry, but the state still needs to reduce regulations and taxes
The DEA’s rescheduling of marijuana would be a welcome step in helping the state’s legal cannabis market compete and succeed.
Marijuana move could help Biden in key voter group
while the administration and environmental groups have touted the Inflation Reduction Act as the largest investment ever in combating climate change. But like the recent action on marijuana, critics …
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