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The company’s money and power could be a game-changer for federal cannabis policy. When it announced its support for lawmakers’ efforts to decriminalize weed last month, Amazon didn’t just become the biggest company in America to back marijuana legalization, it captivated the cannabis industry in the process. Now, as bills pushing legalization rema
Medibis partnership with Israel-based cannabis company is the first step towards launching a cannabis product in Australia, and building its cultivation facility in Toowoomba. Homegrown medicinal cannabis company, Medibis, is about to launch a range of cannabis medicines on the Australian market, following its efforts to raise funds via the crowd f
The Apalachee Regional Planning Council hopes to attract an industrial hemp processing plant to Florida's Big Bend. The council's Melissa Franklin says the nearest processing plant for the state's northwestern hemp farmers is more than three hours away. "Having a processor within range of the farmers—it's an essential component. If you can't proces
The Kentucky Hemp Association (KYHA) has made its stance very clear regarding recent police raids on hemp stores in the state. The KYHA alleges State Troopers last week raided two lawful hemp retail stores, looking for Delta-8 THC products. While Delta-8 THC is a naturally occurring cannabinoid in cannabis, it is only present in very small quantiti
Cannabis stocks were a growth machine for investors following the 2015 Canadian federal election. The hype for recreational legalization ramped up, and Liberal leaders Justin Trudeau managed to deliver on the promise. However, the reality of the rollout started to sour investors on the sector. As it stands today, the Canadian cannabis market is in
Marijuana Company of America Inc. (OTCMKTS: MCOA) has completed a stock-for-stock acquisition of cDistro Inc. cDistro is a fast-growing distribution company in the hemp industry that will deepen Marijuana Company of America distribution footprint in North America. MCOA acquires cDistro Marijuana Company of America Inc. (OTCMKTS: MCOA) will operate
Originally viewed on Benzinga - Andrew Ward Cannabis companies have never had a stable relationship with social media. The tense status has made cannabis a bit scrappier regarding social marketing, coded language and geotagging. However, all too often, brands still face shadow bans, suspensions and account deletions. Pot-focused social media platfo
As expected, marijuana-related arrests are down and tax revenue is up, but other trends are less clear. ore than seven years since Colorado became the first state to allow cannabis to be sold at stores for recreational use, pot arrests are down, marijuana-impaired driving cases are up and school expulsions are both up and down. Original link
Ayr Wellness Inc. (OTC: AYRWF) is buying Nevada-based Tahoe Hydroponics Company, LLC in a deal valued at $17 million. It is a cash and stock deal that will consist of $5 million in cash, $3.5 million in debt, and approximately $8.5 million in stock. Original link
Following the closing of the merger between Aphria and Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), former Tilray CEO Brendan Kennedy took a backseat to Irwin Simon who was appointed as CEO of the combined company. Originally viewed on Technical420 After the transaction closed, Tilray appointed Kennedy as a Director and a Board Member of the combined c
Over the past few years, we have witnessed the meteoric rise of the cannabis industry, brought about by the mass legalization and decriminalization of the plant across many US states. Amazingly, what was once regarded as a shady and often frowned upon recreational drug has now given birth to an industry that is projected to be worth $73.6 billion b...
Top Cannabis Stocks To Watch In This Market Downturn As the market pulls back significantly so are the best marijuana stocks to buy in July. After some upward momentum in June, the top cannabis stocks to invest in are trading at some of their lowest stock prices in 2021. With this drop in the cannabis sector comes the opportunity for investors to a...
As a legal cannabis industry struggles to realize possibilities amid federal criminalization, investors will need to navigate a hazy minefield to pick potential winners Traditional vice sectors like tobacco and alcohol are investing heavily in the emerging legal cannabis industry, but commercial cannabis companies can't quite act like they're...
Photo by Justin Sullivan / Getty Images A few weeks ago, Carol Bartz, former CEO of Autodesk and Yahoo, was all over the news after seed-to-sale cannabis company Caliva announced she was part of a group that had invested $75 million into the company, alongside NFL legend Joe Montana – found here talking about cannabis and football. Surprisingly, th
If you are wanting to cash in on New Mexico's green rush, it is not too late. Linda Trujillo is the superintendent of the New Mexico Licensing and Regulation Department. She said those who want to grow cannabis should be able to get their provisional license by Aug. 22. “The provisional license does not let you start functioning or operating as a c
Although states with legal recreational marijuana programs have been notably careful to ensure product safety, as with any industry, mistakes happen. This time, the state of Michigan recently recalled 10,000 cannabis-infused chocolate edibles dubbed Covert Cups, having discovered the products had not undergone adequate inspection after being manuf
