Cannabis News
Authoritative coverage of the global cannabis industry — regulation, investment, markets and policy, reported for the people who run it.
Cannabis News · page 154
- Uncategorized
Cresco Labs Bins Colombia Care Merger
Cresco Labs and Columbia Care have announced that they have ended plans to enter a mutual agreement which would have seen Cresco acquire all of the issued and outstanding shares of Columbia Care.
- Uncategorized
New York Cannabis Operator Sees $12 million in Six Months of Sales
The first adult-use cannabis dispensary to open in New York has seen $12 million in sales in its first six months of operation.
- Uncategorized
Illinois Cannabis Products Among Highest Priced in US
A new report from data platform Headset has revealed that Illinois has some of the highest-priced cannabis products in the United States.
- Uncategorized
Washington to Reimburse Legal Fees for Unconstitutional Cannabis Charges
Washington will be reimbursing legal fees for those prosecuted on drug charges that have now been deemed unconstitutional by the Washington Supreme Court as of 2021.
- Uncategorized
Ohio Cannabis Legalization Initiative Needs More Signatures To Reach Ballot
An initiative to get adult-use cannabis legalization to ballot has been stalled after being informed it needs 679 more signatures to qualify.
- Uncategorized
FDA Must Do Better To Regulate Hemp Products
A subcommittee was held on Thursday which discussed the Food and Drug Administration’s (FDA) lack of progress on the regulation of hemp products.
- Policy & Regulation
Portugal Broadens Scope of Pioneering Drug Decriminalisation
As reported by Cannareporter The Portuguese parliament has approved some changes to Ordinance 94/96 of March 26, better known as ‘the drugs law’.
- Uncategorized
Flora Growth Announces Sale of Colombian Assets
Florida-based Flora Growth has announced the sale of its Colombian-related subsidiaries and assets to a private company for CAD$0.8 million.
- Uncategorized
Veteran Access to Medical Cannabis Approved in Spending Bill
An amendment has been approved by the U.S. House of Representatives to be included in a spending that would prevent the Department of Veterans Affairs (VA) from prohibiting veteran access to medical cannabis.
- Uncategorized
Tilray Shares Jump 15% as Losses Narrow and Sales Beat Estimates
Tilray has reported narrowing losses during its fourth quarter while sales came in well above analyst estimates, leading to a bump in stock price.
- Markets & Stocks
Cantourage Expects ‘Double Digit’ Sales Increase This Year, Apollon Signs New Licence Agreement, & More from MGC Pharma
Cantourage [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”HIGH.F” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] German-listed cannabis distributor Cantourage informed investors this week that it expects to see ‘double digit’ sales growth and ‘a break-even result at EBITDA level’ in 2023.
- Uncategorized
Black Farmers Awarded Medical Cannabis Licenses in Florida
Florida’s Department of Health has issued medical cannabis business licenses to two Black farmers almost a decade after medical cannabis was legalised in the state.
