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3 Cannabis Stocks With Strong Momentum

For investors focused on companies that either support or are engaged in the research, development, distribution and sale of medical and recreational marijuana, cannabis stocks Amyris AMRS -1.9%, GrowGeneration and Tilray may help grow your portfolio. Momentum in the Legalized Marijuana Industry The marijuana industry is composed of firms that either support or are involved …

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CBD Recipe: Grilled Smokey Eggplant Dip

From Tracey Medeiros’ new cookbook, The Art of Cooking with Cannabis. The informative book boasts gorgeous food photography and thorough cooking notes, and it’s broken into three large chapters: CBD-Cannabidiol, Hemp, and THC-Tetrahydrocannabinol. Each section features profiles of farmers and chefs and soup-to-nuts recipes from the four main regions in the United States (Northeast, Midwest, …

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Ohio adds three health conditions treatable with medical marijuana

Three more illnesses were approved for treatment with medical marijuana in Ohio, potentially expanding the scope of the state’s MMJ market. The State Medical Board of Ohio added the following medical conditions to its list of qualifying conditions, according to a Wednesday announcement: Huntington’s disease. Terminal illness. Spasticity. However, the board rejected petitions to add …

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CA county sues cannabis grower for creating ‘public nuisance’

Santa Barbara County filed the jurisdiction’s first nuisance lawsuit against a cannabis company after receiving eight complaints from neighbors about odors from the growing operation. The lawsuit claims that Island View Ranch and Island Breeze Farms created a “continuing public nuisance” since at least March 2019 and should be shuttered, according to the Santa Barbara …

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New York May Displace California As Cannabis Capital Of The World

I’m not a fan of the adult-use legalization framework in California known as Prop. 64. Voters passed this ballot measure in 2016 by a large majority of 56%, which is unheard of in modern politics, even in deep-blue California. Five years later, much of California does not have dispensaries—or cannabis retail, manufacturing, or cultivation—as local …

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Breaking News! Brazil Moves Toward Cannabis Legalization

On Tuesday, June 8, the Brazilian Chamber of Deputies’ Special Commission very narrowly approved a bill authorizing cannabis cultivation for medicinal, veterinary, scientific, and industrial use. Government supporters tried their best to prevent the legislation from heading to the upper house for final approval, but Deputy Luciano Ducci’s crucial vote ensured the bill survived. While …

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Quebec’s cannabis store operator posts CA$66.5 million profit

Quebec’s government-run cannabis store operator, Société québécoise du cannabis (SQDC), generated net income of 66.5 million Canadian dollars ($55 million) in its recently-concluded fiscal year, according to its annual report. SQDC reported annual sales CA$537 million for the 2020-2021 fiscal year, a substantial increase over the previous year’s CA$ $311.6 million in sales. SQDC attributed …

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California’s capital city charging illegal marijuana business fees, suit alleges

A lawsuit filed against Sacramento, California, alleges that the local government has been charging licensed marijuana businesses illegal fees equal to roughly 1% of their gross receipts. According to a news release, the lawsuit was filed in Sacramento County Superior Court by Garner & Associates on behalf of a number of unidentified marijuana companies. The …

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Scotland’s First Patients Prescribed Legal Cannabis

Scotland’s first medical cannabis clinic has begun prescribing to patients suffering from chronic pain conditions. The Sapphire Medical Clinic in Stirling was approved by regulators in March and received hundreds of inquiries. The private clinic provides unlicensed cannabis-based medicines for people with conditions that do not meet the criteria for NHS-prescribed cannabis products. Medical cannabis …

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