While the European Parliament’s approval of a resolution to develop a European strategy for medical cannabis was well received by industry stakeholders, the business effects of the move may be less rosy for a rapidly evolving industry. “This is a missed opportunity,” Guillaume Balas, a member of the European ParliamentContinue Reading
The secret of Tahoe Hydroponics Company’s considerable success can be found on the floor of the licensed Nevada cultivator’s grow facility in Carson City. The secret: there’s no soil in sight. The success: a trophy room full of cups, including a clean sweep of all three flower categories at theContinue Reading
After the World Health Organization (WHO) initially failed to produce their recommendations, on February 1st their recommendations to reschedule cannabis were leaked. Last week, the European Parliament came with their response: take medicinal cannabis seriously. It’s an important message, as clinical trials and the entire pharma chain is taking far tooContinue Reading
Twelve members of Congress on Feb. 15 sent a letter to the Food and Drug Administration, calling for “immediate leadership” on CBD in foods, drugs and cosmetics. However unrealistically, the letter requests a response from the FDA by this Friday — one week after the letter was sent. First released toContinue Reading
A Boston-area marijuana store had to temporarily stop selling adult-use cannabis flower because of an issue with Massachusetts’ seed-to-sale traceability system, Metrc. Alternative Therapies Group (ATG) in Salem halted recreational cannabis sales because the store’s inventory data had become corrupted in Metrc, The Boston Globe reported. It’s unclear when ATG will resumeContinue Reading
Boston-based Ascend Wellness Holdings (AWH), a multistate vertically integrated marijuana operator, secured $55 million in funding to aid expansion plans in its home state of Massachusetts and other markets. The additional money will allow the company to grow its footprint into Ohio, where Ascend has an agreement to purchase a cultivationContinue Reading
Canada’s largest licensed cannabis producers already have a stranglehold on the country’s regulated recreational market just four months into legalization, according to analysts. Canaccord Genuity estimates Canopy Growth and Aurora Cannabis combined represented almost 50% of the sales volume in the first three months of legalization. “After including estimated contributionsContinue Reading
Global logistics monstrosity United Parcel Service, better known by the infamous abbreviation UPS, is going after a rinky-dink cannabis firm called United Pot Smokers for federal trademark infringement. The case, which was filed with the courts just last week, could end up being a cautionary tale for other cannabis operations out thereContinue Reading
Cannabis giant Tilray is expanding into the natural foods category with the acquisition of hemp foods company Manitoba Harvest for 419 million Canadian dollars ($319 million) in cash and stock in an effort to capitalize on cannabidiol-infused products in North America. The acquisition will accelerate British Columbia-based Tilray’s expansion intoContinue Reading
The Niagara Herbalist is one of the first Recreational Cannabis Retail Store to open in Ontario. The Niagara Herbalist are a family owned and operated business in St Catharines, Ontario. Read More: The Niagara HerbalistContinue Reading
