News

American CBD market leader reports 2020 sales of US$95.2M and positive results for a third-party liver toxicity study

Advocates and state politicians are calling for Gov. Northam to also push adult-use legislation through this year

In 2020, America's leading cannabis wholesaler grew revenue 271% to US$476.3M

After three years of failure, New York Gov. Andrew Cuomo says his state could pass adult-use legislation by April 1

In the midst of an overdose crisis, state treatment and recovery organizations are lauding the move to get funding where it's of immediate need

Despite cannabis sales reaching $198.3M in 2020, CEO Jason Ackerman is stepping down

The Florida-based operator says national expansion plans will push 2021 sales up 60% from US$522M in fiscal 2020

After news broke of White House firings, the Drug Policy Alliance urges the President to stop reverting back to harmful drug war policies

Regular pot consumption among Canuck youth in the 2018–19 school year remained flat compared to the previous two

The decision is lauded by local producers, who say a private monopoly would have damaged the province's industry

Sales contracted almost 6% from a December record, but were up over October and November

The major US cannabis operator will pay at least US$90M to enter its 10th state

Once its deal to buy Zenabis closes, Hexo says it will be close to top-2 in Canadian recreational weed sales

In a note sent to businesses this week, the AGLC says it will focus on other measures to reduce red tape

The pot stock darling beat analyst consensus with US$177.2M in Q4 revenue

Australia is funding research to see if magic mushrooms and ecstasy can treat depression and PTSD

Endocannabinoids play a larger role than suggested by previous endorphin-focused research, new study shows

While annual sales were up overall, the B.C.-based producer incurred a $3.3M non-cash charge on cannabis inventory in Q4 2020

Initiative 81 came into effect in the US capital on Monday, changing law to make enforcement of psychedelics among the lowest police priorities

Ontario's UFCW Local 1006A continues to see strong interest from weed workers exploring unionization

The micro-cultivator has been nominated by Moose Range country for an award based on job creation, sustainability and quality cannabis farming

Despite reporting good results, Ontario's public pot company doesn't appear to be considering interim exec Thomas Haig for the permanent role

We will very likely see some marijuana reform under his Department of Justice, the Drug Policy Alliance says

British American Tobacco to invest $221M in the Canadian producer to develop new innovative weed and CBD products

Critics say the proposed law treats cannabis users like they have substance use issues because it requires them to register with the government

America's biggest pot operator says it expects to report at least US$1.2B in revenue for fiscal 2021

An update to provincial rules to pot shops gives retailers the ability to group items at a discount

While Health Canada is looking to address concerns over illicit market diversion, advocates warn new strict rules could hurt patient access

Virginia is only a governor's signature away from becoming the first Southern state to legalize cannabis

The move should greatly expand access to medical cannabis. Previous legislation required approval from the country's federal health authority

'Further investigation has revealed the product purchased does not meet the standards set out by Health Canada for a cannabis edible'

In a report, Republican and Democrat senators note bi-partisan support for federal legalization and a burdensome application process holding back science

Despite years-old criticisms of Gov. Cuomo's proposed legislation, recent amendments still don't allow for home cultivation

Footprint expansion and 'tightly run' operations helped the weed store giant generate adjusted EBITDA of $8M

15 trainees started a beta program this week, designed and run by advocacy group TheraPsil

Quarterly profits via the province's pot monopoly increased 54% while adding 11 new stores

Despite continued cash burn, the Canadian pot firm remains bullish on its Kristen Bell-partnered US CBD brand Happy Dance

New clinical evidence out of Poland showing cannabinoids can be absorbed through the skin could advance CBD skincare market potential

Following a UN vote last year that recognized the medical value of weed, the North African hash haven is moving forward with reform

Despite an 11.6% drop in revenue, the Canadian cannabis extractor says domestic manufacturing expansion will boost sales this year