cannabis sales

When Wana Brands launched in 2010, Colorado and Washington were still two years away from becoming the first two states to legalize the recreational use of cannabis. Today, it's a different scenario. In the U.S., CBD is medically legal in 33 states plus Washington, D.C. Eleven of those states...

Psychedelic and nutraceutical brand Cybin Corp. and drug delivery company IntelGenx have partnered to develop oral dissolving film for psilocybin consumption. Why Does It Matter? Cybin Chief Executive Officer Paul Glavine says "orally-dissolving psilocybin film" bypasses the...

Schwazze (OTCMKTS: SHWZ) is on a buying spree.  The Denver-based company, formerly known as Medicine Man Technologies Inc., recently took over 14 Star Buds locations in Colorado. Schwazze CEO Justin Dye gave us a heads up that the deal was in the works during a fireside chat at Benzinga...

Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and Acreage Holdings Inc. (OTC: ACRGF) have tweaked their previously announced capital agreement meant to fund hemp operations. The amended arrangement provides for up-front cash payment to Acreage shareholders and certain convertible security...

Red White & Bloom Brands Inc. (OTCMKTS: TDRYD) is a multi-state operator with its eyes set on building upon its success in several markets to date. The company currently operates across four states: Michigan, Illinois, Massachusetts and Florida. RWB has made sizable waves as of late, closing an...

Last month, 34 state attorneys general wrote Congress urging that the SAFE Banking Act be included in the COVID-19 stimulus package working its way through Capitol Hill. The letter cited public safety and the need for banking access as core reasons why legislation must pass. As the debate...

Registered voters in New Jersey are expected to vote in favor of adult-use marijuana legalization in November — but uncertainty surrounds the pending legislation.  "Cannabis advocates looking forward to creating an adult use regulated and taxed cannabis marketplace...

Shares of Green Thumb Industries Inc. (OTC: GTBIF) Friday closed higher by 15%, after the company reported stronger-than-expected results for the first quarter. Although Green Thumb’s performance in the second quarter could be flat due to COVID-related challenges, the positives for the...

Rumors of another federal shutdown notwithstanding, 2019 is poised to be a watershed year for cannabis reform potentially enabling a $56 billion annual U.S. cannabis market by 2025. Those were among the findings shared last week during a National Press Club event sponsored by New Frontier Data in...

Since the 2018 Farm Bill was signed into law just before the new year and the installation of the 116th U.S. Congress, the hemp industry has been bristling with activity. For the most part, business has been centered around potential medical applications for hemp’s most famous component,...

Q: I am seeing a lot of news about excess inventory in Oregon and other regulated cannabis markets. What is the impact of this excess inventory, and what can be done about it? A: Excessive inventories in Oregon have resulted in falling prices at both the wholesale and retail levels. Consequently,...

(Note: This is the second of a two-part interview with Terra Tech Corp. CEO Derek Peterson. Click here for part one) Terra Tech Corp (OTC: TRTC), and its subsidiary, GrowOp Technology Ltd, is working on the development of a CBD supplement with the medical research firm Intergetics (OTC: NRTI...