cannabis news
cannabis news · page 16
- Data & Analysis
A look at cannabis retail store counts in Canada
The CCSI was assessed at C$5.29 per gram this week, up 1.3% from last week’s C$5.22 per gram.
- Hemp Industry
Low-dose edibles are now legal in Minnesota—some potentially by accident
MISUNDERSTOOD EDIBLES Some edibles are now legal in Minnesota but some legislators didn’t understand the law Cannabis edibles with up to 5 mg of THC are now legal in Minnesota, per the Washington Post.
- Markets & Stocks
Democrats rushing to pass cannabis reform before midterms
SCALED BACK PLANS Are Senate Democrats giving up on federal legalization?
- CBD Market
Cannabis banking reform not included in America COMPETES Act
BANKING EXCLUDED SAFE Banking not in America COMPETES Act Cannabis banking reform language will not be included in the scaled back America COMPETES Act, reports Marijuana Moment.
- Hemp Industry
The Texas Republican Party supports rescheduling cannabis but not legalization
SLIGHTLY MORE PROGRESSIVE? Texas Republican platform is anti-legalization, but supports rescheduling cannabis The new platform for Governor Greg Abbott and the Texas Republican Party opposes cannabis legalization, reports Marijuana Moment.
- CBD Market
More than half of the most popular delta-9 THC products are mislabelled
DELTA-9 TESTING Some of the most popular hemp delta-9 products are mislabelled, lack child protection A study commissioned by CBD Oracle in partnership with InfiniteCAL tested 53 of the most popular hemp-derived delta-9 THC products on the market and found that more than half were mislabelled—and some are even stronger than marijuana-derived cannabis products on…
- CBD Market
Oklahoma is ‘committed to eradicating’ illegal cannabis businesses
SETTING AN EXAMPLE Oklahoma lawyers charged with helping non-residents set up cannabis businesses Lawyers Logan Jones and Eric Brown have been charged by Oklahoma’s attorney general with a list of charges relating to their alleged involvement in helping non-local cannabis entrepreneurs skirt laws so they could open businesses, per MJBizDaily.
- Policy & Regulation
What’s in a name? Cannabis strain labels aren’t reliable, according to May study
A STRAIN BY ANY OTHER NAME Study shows the same strain name doesn’t mean the same cannabis.
- Cultivation
Hexo announces it will be laying off 450 people after revenue fall
LOSSES AND LAYOFFS Hexo to cut 450 jobs, failed to meet Q3 projections Despite having the largest segment of market share in Canada, Quebec-based Hexo Corp. announced it will be laying off 450 people after revenue fell 14% in Q3 from the previous quarter, per BNN Bloomberg.
- Markets & Stocks
Brittney Griner’s detention in Russia has been extended until at least July 2
STILL NOT FREE Brittney Griner will remain detained in Russia until at least July 2 WNBA player Brittney Griner’s detention in Russia has been extended until at least July 2, according to Russian state news, per CNN.
- CBD Market
The story behind Beau Wrigley’s ‘messy’ foray into the cannabis industry
STICKY SITUATION Wrigley’s cannabis company sued by investors Ten years after selling the Wrigley gum empire to Mars in 2008 for $23 billion, Beau Wrigley invested $65 million in Surterra Wellness, a medical cannabis company with dispensaries in Florida.
- CBD Market
Bipartisan legalization discussions are ‘tentative,’ but hopeful
TENTATIVE TALKS Lawmakers to debate a “marijuana omnibus bill.”
