cannabis news
cannabis news · page 18
- Data & Analysis
A complete view of trends following the introduction of cannabis 2.0 products.
The CCSI was assessed at C$5.09 per gram this week, down from last week’s C$5.14 per gram.
- Adult-Use
Rhode Island’s Governor signs adult-use cannabis into law
CONGRATULATIONS Rhode Island is the 19th state to legalize adult-use cannabis Gov.
- Pharmaceutical
Republican lawmakers are starting to change their tune on cannabis
MUSIC TO OUR EARS More Republican lawmakers are changing their tune on cannabis Shifting attitudes among Republicans toward cannabis are now mirrored in Congress, reports Forbes, where lawmakers are debating not if marijuana should be legalized, but how.
- Hemp Industry
The 2018 Farm Bill may have unknowingly legalized delta-8 THC
HEMP RULES Appeals court rules that delta-8 THC is federally legal In an opinion published last week, the US Court of Appeals for the Ninth Circuit wrote that products containing delta-8 THC are “generally legal” because it is derived from hemp, per Marijuana Moment.
- Adult-Use
California’s tax plan isn’t the complete overhaul the industry is calling for
FIX UP Is California’s new cannabis tax plan just a ‘Band-aid’ on a broken system?
- Data & Analysis
The ongoing battle between legal and illegal cannabis sales in Ontario
The CCSI was assessed at C$5.14 per gram this week, down 1.2% from last week’s C$5.20 per gram.
- Adult-Use
Trulieve’s stock drop attributed to industries “largest cannabis M&A deal”
FOOD FOR THOUGHT Trulieve is still ‘digesting’ last year’s $2.1 billion acquisition: CEO Kim Rivers, the CEO of Florida-based Trulieve, told Yahoo Finance that the company’s $32 million net loss this past quarter and 42.8% year-to-date drop in its stock can be attributed in part to its acquisition of Harvest Health and Recreation.
- Cannabis Daily News
Canopy Growth plans to acquire a Californian extract and vape company
GROWTH FOR CANOPY Canopy pushes further into the US While Alberta-based Aurora sold off its Sun greenhouse at a fraction of its cost, Ontario-based Canopy announced plans to acquire California extracts and vape company Jetty, according to a press release.
- News
Legacy-to-legal brands Blessed and Flir re-enter the market
The popular brands are reintroducing best-selling products to the legal market in Ontario.
- CBD Market
Senate candidate hoping cannabis will bring voters to the polls
HIGH HOPES PA Senate candidate is using cannabis legalization to draw voters to the polls Pennsylvania Lt.
- CBD Market
Giving out free cannabis products is good for business
FREE THC Sampling cannabis products gains ground Despite Covid-19 and compliance challenges, some cannabis companies are finding ways to offer free product samples to consumers, reports MJBizDaily.
- Adult-Use
Lawsuits ‘100%’ incoming for OCR after data breach
OH DEAR OCS Cannabis retailer says a lawsuit is ‘100%’ coming after OCS data breach Following last week’s news of an Ontario Cannabis Store data breach, cannabis retailer Jennawae McLean, the founder and CEO of eastern Ontario’s Calyx + Trichomes stores, warned that a lawsuit is coming.
