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Canopy Growth Q1 Revenue jumps 12% sequentially
420 Intel
Technology
Canopy Growth Q1 Revenue jumps 12% sequentially Image Cannabis NewsAugust 10, 2023 Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations in FY2023, Q1 FY2024 net revenue increased 16% year-over-year
Study suggests Cannabis users have lower risk of type 2 diabetes
420 Intel
Medical News
Study suggests Cannabis users have lower risk of type 2 diabetes Image Cannabis NewsAugust 9, 2023 A history of cannabis use is linked to a lower risk of type-2 diabetes in adults, according to a newly published analysis. Researchers at the Tabriz University of Medical Sciences in Iran performed the analysis on “seven studies, containing 11 surveys
Medical Marijuana patients face delays as demand grows in Georgia
420 Intel
Business & Finance
Medical Marijuana patients face delays as demand grows in Georgia Image Cannabis NewsAugust 9, 2023 Georgia adds call center and THC card pickup locations. Demand for medical marijuana is on the rise in Georgia now that dispensaries are finally open, but some patients say they’re still unable to buy the product because of government delays. Patient
Can breathalyzers detect Cannabis impairment?
420 Intel
Technology
Can breathalyzers detect Cannabis impairment? Image Cannabis NewsAugust 9, 2023 Can breathalyzers detect cannabis impairment like they can detect alcohol impairment? This summer, Monroe County is boosting its enforcement of ignition interlock devices, court-ordered devices that require drivers to give a breath sample to start a car. They’re used to
NY Cannabis industry pushes back on flavored vape ban
420 Intel
Politics
NY Cannabis industry pushes back on flavored vape ban Image Cannabis NewsAugust 9, 2023 The New York Cannabis Vape Standards Coalition is a group of stakeholders committed to advocating for quality standards in vape ingredients that spur industry growth, align with public health interests, and advance consumer choice. These stakeholders include lic
NY Cannabis industry pushes back on flavored vape ban
420 Intel
Business & Finance
NY Cannabis industry pushes back on flavored vape ban Image Cannabis NewsAugust 9, 2023 The New York Cannabis Vape Standards Coalition is a group of stakeholders committed to advocating for quality standards in vape ingredients that spur industry growth, align with public health interests, and advance consumer choice. These stakeholders include lic
Will the Cannabis Commission get it wrong again?
420 Intel
Medical News
Will the Cannabis Commission get it wrong again? Image Cannabis NewsAugust 9, 2023 There is overwhelming concern the Commission has failed to “self-correct” its internal procedures that led to the June pause. worrying belief around Montgomery is that when the Alabama Medical Cannabis Commission meets on Thursday, it will award medical cannabis lice
Judge orders temporary shutdown of NY's marijuana licensing
420 Intel
Politics
Judge orders temporary shutdown of NY's marijuana licensing Image Cannabis NewsAugust 9, 2023 Restraining order was issued in case filed by four military vets who were blocked from getting a retail license due to system that favored "justice involved" applicants. ALBANY — A state Supreme Court justice signed a restraining order Monday that will tem
Judge orders temporary shutdown of NY's marijuana licensing
420 Intel
Business & Finance
Judge orders temporary shutdown of NY's marijuana licensing Image Cannabis NewsAugust 9, 2023 Restraining order was issued in case filed by four military vets who were blocked from getting a retail license due to system that favored "justice involved" applicants. ALBANY — A state Supreme Court justice signed a restraining order Monday that will tem
Illinois Marijuana sales are highest so far this year at $140M
420 Intel
Cannabis News
Illinois Marijuana sales are highest so far this year at $140M Image Cannabis NewsAugust 9, 2023 CHICAGO -- Illinois cannabis sellers sold $140 million worth of weed in July, the highest monthly total so far in 2023. The majority of the cannabis sales were to state residents, totaling $104.3 million. Out-of-state customers bought $35.6 million wort
Over 70,000 Cannabis convictions expunged in Missouri
420 Intel
Cannabis News
Over 70,000 Cannabis convictions expunged in Missouri Image Cannabis NewsAugust 9, 2023 Missouri has now expunged over 70,000 cannabis convictions, according to the National Organization for the Reform of Marijuana Laws. Since President Biden announced in October 2022 that cannabis convictions would be eligible for expungement, states across the US
Tilray acquires 8 brands in major deal
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Business & Finance
Tilray acquires 8 brands in major deal Image Cannabis NewsAugust 9, 2023 Deal includes brands such as Blue Point and Shock Top. The Canadian cannabis company Tilray Brands announced on Monday that it had reached an agreement with brewing giant Anheuser-Busch to acquire eight beer and beverage brands. It is yet another bid by Tilray to expand its fo
Trulieve Cannabis posts wider Q2 loss on weak demand and higher expenses
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Business & Finance
Trulieve Cannabis posts wider Q2 loss on weak demand and higher expenses Image Cannabis NewsAugust 9, 2023 Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss on weak demand and higher expenses. Cannabis demand has taken a hit as persistently high inflation during the first half of the year forced customers to reduce spending
Cannabis dispensary owner given “second chance”
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Business & Finance
Cannabis dispensary owner given “second chance” Image Cannabis NewsAugust 8, 2023 From Conviction to Cannabis: Second Chance Entrepreneur Set to Open Adult-Use Dispensary in Wawayanda. WAWAYANDA – Howard Labron is excited about being given a second chance at a meaningful life now that he has been granted state permission to open an adult-use cannab
Former FDA regulator predicts Cannabis rescheduling this year
420 Intel
Cannabis News
Former FDA regulator predicts Cannabis rescheduling this year Image Cannabis NewsAugust 8, 2023 Former regulator Howard Sklamberg believes the business consequences from such a move would all be positive. A longtime attorney at the U.S. Food and Drug Administration who helped found the agency’s Marijuana Working Group in 2014 Howard Sklamberg is no
Alabama Medical Cannabis Commission to re-award licenses at Thursday meeting
420 Intel
Technology
Alabama Medical Cannabis Commission to re-award licenses at Thursday meeting Image Cannabis NewsAugust 8, 2023 MONTGOMERY — Members of the Alabama Medical Cannabis Commission (AMCC) will re-award licenses at their next meeting on Thursday. Montgomery Circuit Court Judge James Anderson allowed the AMCC on Monday to continue with its plans to award b
New Cannabis law will bring a wave of jobs and opportunities
420 Intel
Cannabis News
New Cannabis law will bring a wave of jobs and opportunities Image Cannabis NewsAugust 8, 2023 If past experience is any guide, as many as 20,000 new jobs could be created in Minnesota. ROCHESTER - The ink of Gov. Tim Walz’s signature had no sooner dried on the state’s new marijuana law than Rochester resident P.J. Calkins was open for business as
Noncitizens must be very careful about Minnesota Cannabis legalization
420 Intel
Cannabis News
Noncitizens must be very careful about Minnesota Cannabis legalization Image Cannabis NewsAugust 8, 2023 Admitting marijuana use can have devastating immigration consequences. Well, my fears became true: Minnesota legalized cannabis before I was legalized. All joking aside, Minnesota passed a law during the 2023 legislative session legalizing canna

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