US

A law passed in 2015 to get oil to patients, but producers that weren't selected challenged the decision

Patients were in limbo after the previous law was repealed March 1

The firm says it wants to partner with more minority, women and veteran-owned local businesses as suppliers

The rollout will start at select dispensaries in New Jersey and California

Social equity applicants will be prioritized, officials say

The Mary Jones brand is set to launch in California by the end of the month

The state's Cannabis Control Board voted unanimously Thursday to advance the regulations

The combined company will have 7 cultivation facilities, and expects 40 retail stores in its network by the end of the year

But fourth-quarter revenue lagged with a slowdown across its wholesale business

The company is also launching a roll-on product for symptom relief

The firm says revenues from recurring subscriptions are more reliable than one-time purchases

A similar bill almost became law last June

The firm recorded Q4 revenue of US$320M

The sector is expected to bring in up to $800M in revenue once it matures

NGW owns and operates a 35,000-square-foot indoor facility in Coalinga, California

By 2026, the firm expects most international sales growth to be led by Mexico and Germany

It's the firm's 8th consecutive quarter of positive cash flow from operations

The firm's annual losses reached US$396.1 million

But overall net income tripled to US$2.1M

The threshold for THC was raised to 150 nanograms per millilitre, aligning with the levels set by WADA

Total refunds to medical cannabis companies could exceed US$25M

Voters will decide on the initiatives during an election on Nov. 8

The firm continues to put more emphasis on its beverage alcohol business

If approved, it could advance the firm's goal of becoming a dominant supplier of cannabinoid pharmaceutical ingredients

Two Minnesota workers were denied coverage at the state level due to federal prohibition

Consumer spending on cannabis surpassed milk and energy drinks in 2021

If adopted, the laws would make it easier to track down illicit operators

Company stock hit a 4-year low on Friday

In 2020, a medical cannabis bill stalled in the state Senate

Hemp flower was the most popular use of the crop, followed by seed and fibre

Under a proposed bill, already-authorized hemp farmers will get temporary licences to grow for the recreational market

Medical dispensaries would be the first to sell to adult-use consumers

A number of previous cannabis reform measures failed after facing legislative delays

The company has also received conditional approval to list on the Canadian Securities Exchange

The research will take place at the Icahn School of Medicine at Mount Sinai, New York

Despite uncertainty around federal prosecution, banking activity has steadily increased in states with adult-use cannabis laws

No explanation has yet been given for the move

The results show that smoking pot can produce up to a 16% reduction in eye pressure

The reversal followed a flurry of headlines on the issue

The Tennessee Valley Authority says it may report local power companies that serve cannabis businesses