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Retail sales of legal adult-use cannabis in Canada increased to nearly 318.7 million Canadian dollars ($246.9 million) in June, growing more than 1.7% from the previous record set in May. The seasonally unadjusted national retail sales figure released Friday by Statistics Canada represents a fourth consecutive month of growth for Canada’s regulated cannabis sector, despite …

Canada’s retail cannabis sales grow to CA$318.7M in June, another record Read More »

Last week, the Food and Drug Administration (the “FDA”) maintained its strict and narrow position on the legality of cannabidiol (“CBD”) by rejecting two new dietary ingredient (“NDI”) notifications submitted by Charlotte’s Web and Irwin Naturals. Both companies sought agency clearance to market their full-spectrum hemp extract as “dietary supplements.” In its letters to these …

The FDA Continues to Show It Is Not Interested in Regulating Hemp-Derived Products Read More »

Since Senate Majority Leader Chuck Schumer unveiled a draft of his federal marijuana legalization bill in July, questions have begun percolating about what cannabis businesses stand to win or lose should the groundbreaking legislation become law. Longtime industry experts agreed that big, well-capitalized companies stand to reap the most gains in a post-federal legalization world, …

Schumer’s marijuana reform bill would create industry winners and losers, experts say Read More »

If you are a first-time grower, it is expected that your excitement at undertaking this project may compel you to make some hurried decisions. But before making such rushed decisions, pause, take time to consider all your proposed expenses and be careful with product selection. 

The big fish are supposed to gobble up the small fish in business.  The big publicly traded cannabis companies have all the cash and equity to do billion-dollar deals, so how is a relatively small tech and delivery company swimming upstream and buying an MSO? One, it tells us investors are shifting their value proposition …

Apple Just Ended the Marijuana Industry As You Know It – Tech and Traffic are Now More Valuable Than Cannabis Itself Read More »

In March 2021, researchers from the Augusta Georgia Dental College of Georgia conducted a 2-week study with positive results. For the first time in history, they were able to demonstrate that CBD is beneficial in normalizing the level and function of the TREM2 and IL-33 proteins, which are vital in helping the immune systems of …

CBD Slows Onset of Alzheimer’s Says New Medical Study Read More »

A 2020 Gallup poll showed that 68% of Americans support marijuana legalization, which proved itself at the polls this past November when four more states — New Jersey, Arizona, Montana and South Dakota — voted to legalize recreational cannabis. And the Biden administration has signaled that changes may be coming at the federal level as …

Navigating Marijuana Laws: It’s Time For Employers To Review Related Drug Testing Policies Read More »

“Canada is in the early stage of cannabis tourism development and discovery, these experiences can cover a wide range such as accommodations, shopping, events, attractions, lounges and so much more.” A University of Guelph researcher is collaborating with New Heights Cannabis on a first-of-its-kind research study about Canadian cannabis tourism. The study seeks to understand …

U Of G Researcher Partners On First-of-Its-Kind Canadian Cannabis Tourism Study Read More »

The number marks a small increase since 2017 and 2019, where 45 per cent of respondents admitted to having consumed the drug at least once. It may not be federally legal, but nearly half of all adult Americans have consumed cannabis, according to newly-released statistics from Gallup’s annual Consumption Habits poll. According to the Washington, …

Nearly Half Of Adult Americans Have Tried Cannabis: Poll Read More »

There is a disconnect between fundamental performance and stock performance for U.S. cannabis companies, resulting in compressing valuations for those operations. The disconnect between US cannabis fundamentals and stock performance is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs