Cannabis

According to U.S. federal data, at the end of March there were 493 banks and 140 credit unions that handled transactions relating to the cannabis industry.

The Ontario cannabis producer has 12,700 kilograms of dried cannabis on hold by Health Canada, which is estimated to be worth around $70 million.

The head of Toronto-based cannabis producer Cronos Group Inc. slammed the Canadian government for its strict rules on the pot industry that he said are making it impossible for companies to create global brands.

One-in-four medical cannabis users said supply issues have been preventing them from getting the medicine they need, according to a survey commissioned by Canadian Pharmacists Association and two other groups.

Gov. Phil Murphy signed the Jake Honig Compassionate Use Medical Cannabis Act on Tuesday, to make cannabis more accessible for patients battling disease and needing pain relief.

The Vancouver-based company specializes in cannabis-infused beverages and claims to have decades of experience building and developing brands.

American farmers are planting more hemp than ever this year, including in South Carolina, which is projecting a 1,200 per cent increase in acres planted.

Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take over top spot.

A loophole in a 2016 law to support hemp farmers has created an opportunity for hundreds of stores to open and sell low-potency pot across the European nation.

Scheer also told CTV News his Conservative Party would support efforts to pardon Canadians with previous convictions for pot possession.

“Our ambition is to be the beverage specialist. We want to lead this category and we will lead this category," Brett Vye, CEO of the joint venture Truss, told Bloomberg.

CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan.

What's being called a historic victory for pot advocates, U.S. Congress passed an amendment June 20 that blocks federal agencies from interfering with state-run legal cannabis programs.

The Canadian pot firm said it has already started planting at its new 160-acre site which it is considering to be a test site for future outdoor operations to produce low-cost cannabis.

Colombia’s Constitutional Court lifted the ban on public cannabis consumption signalling the country, noted for ideal growing conditions and huge export potential, is closer to adult use legalization.

Parents and educators in the first U.S. states to legalize recreational cannabis are growing concerned about young people having increased access to highly potent pot.

Arcview Market Research and BDS Analytics forecast the legal industry will nearly triple by 2024 from the US$14.9 billion they project will be spent this year.

Canadian pot firms are amassing a supply glut of unfinished cannabis, and the issue could lead to industry writedowns, according to analysts at BMO Capital Markets.

The Ontario licensed producer signed a non-binding letter of intent with Elk Grove Farming Company, LLC to form a 50/50 joint venture that will give it access to more than 3,000 acres of farmland in Southern California.

“Martha Stewart Living has 30,000 or 35,000 original recipes, and those can be adapted with cannabis or CBD or whatever we’re going to use," she said.

From optimism to disappointment—reactions varied from analysts and industry players on Health Canada's final regulations for new pot-infused edible and derivative products.

University of British Columbia researchers say Canada's cannabis impairment driving penalties may be too strict when it comes to low levels of THC.

Texas makes hemp legal to grow and sell, while expanding medical pot; Connecticut adds new treatable conditions; Ohio rejects marijuana as treatment for depression and insomnia

The regulatory agency announced Friday marijuana consumers shouldn't expect edible and other cannabis products on store shelves "no earlier than mid-December 2019."

The Green Organic Dutchman will supply Neptune with more than 230,000 kg of cannabis and hemp biomass over three years in an extraction deal said to be the largest in Canada.

Gov. Greg Abbott signed a new bill Monday to allow industrial hemp cultivation, and Texas lawmakers have passed a bill to expand the state's medical marijuana program.

The Smith Falls, Ontario-based cannabis producer is doubling down on its investment in U.S. hemp cultivation and now aims to operate processing facilities in seven states within the next 12 months.

Alabama Gov. Kay Ivey signed a bill Monday to open up research on medical marijuana but it won't legalize the substance for patients in the state.

Nevada passed a law last week that will allow a pilot program to test out a limited marijuana banking system, while a federal marijuana banking bill quietly moves forward in the House.

Advocates argue his marijuana policies don't go far enough—and Biden as president would likely mean a longer wait for federal legalization.

The Alkaline Water Company Inc. (TSXV:WTER) (NASDAQ:WTER) announced last week it posted record monthly sales to a tune of $3.8 million in May—and that's without sales of its new hemp-infused water line.

After Illinois became the 11th U.S. state to permit recreational marijuana, Delaware may be next in line

The next big cannabis winners look to own the supply chain, and this first-of-its-kind cannabis logistics company has created a fully integrated omnichannel platform for both businesses and consumers.

Aphria Inc., Aurora Cannabis Inc., OrganiGram Holdings Inc., and Supreme Cannabis Co. will supply Pax with cannabis extracts, distillates, and resin for a new line of vaporizers once they become legal in Canada in October.

Transport Canada laid out new regulations Thursday that require pilots, cabin crew and air traffic controllers to have a certain level of “fitness for duty” on the job.

“Marijuana legalization is a criminal justice issue, a health care issue, and an economic issue,” Sen. Kirsten Gillibrand said.

The Colorado-based CBD company said its customers have been requesting the popular gummy products and as of Monday three different options--focused on sleep, calm and recovery--are available for online ordering.

The wider range of products that will be legalized this fall is highlighted by the edibles category, which is expected to be the most popular and worth $1.6 billion.

The public hearing left many in the industry still with more questions than answers, especially on the timeline for regulations on CBD in food and supplementary products.

Illinois State Governor J.B. Pritzker is expected to sign off on the bill, which will make possession and sales of cannabis legal Jan. 1, 2020.