Month: May 2019 (Page 2)

Science Says Teens Who Vape Weed Are Hooligans & Degenerates

On: May 31, 2019

When it comes to marijuana, there are those who believe the herb is an all-healing plant put here by the gods of the universe to make the world a better place. There are also those that think that it is a devilish shrub rooted somewhere in the nine circles ofContinue Reading

Curaleaf Q1 marijuana revenue climbs to $35.3 million

On: May 31, 2019

Curaleaf, a Massachusetts-based, vertically integrated cannabis company, reported first-quarter revenue of $35.3 million, up from $9.1 million for the same period in 2018. Net loss for the company in the period totaled $10.8 million versus $3.4 million last year. Curaleaf, which agreed to acquire Cura Partners in a nearly $1Continue Reading

Alabama bill to create medical cannabis study group advances

On: May 31, 2019

The Alabama Legislature might create a medical marijuana study commission that could recommend legislation for next year. The proposal is a compromise after a Senate-passed bill to legalize medical marijuana hit opposition in the House of Representatives. The House might vote Friday on the watered-down bill. State Sen. Tim Melson,Continue Reading

Oregon marijuana regulators could soon have the ability to deny new grow licenses

On: May 31, 2019

Oregon’s oversupply of cannabis has prompted lawmakers to attempt to give the Oregon Liquor Control Commission more leeway to deny new cultivation licenses based on supply and demand. A bill that passed the Senate and is now before the House would not only reduce the huge surplus but would prevent diversion ofContinue Reading

Cannabis firm Harvest Health sales soar, losses widen as company expands

On: May 31, 2019

Arizona-based Harvest Health & Recreation saw its revenue spike more than 131% in the first quarter to $19.2 million, compared with $8.3 million in the same quarter last year. Cannabis firm Harvest Health sales soar, losses widen as company expands is a post from: Marijuana Business Daily: Financial, Legal &Continue Reading

We’re Watching the FDA’s Hearing on CBD So You Don’t Have To

On: May 31, 2019

Leafly Liveblog: We’re watching all 10 hours of the most important CBD hearing in history. You’re welcome. The post We’re Watching the FDA’s Hearing on CBD So You Don’t Have To appeared first on Leafly. Read More: We’re Watching the FDA’s Hearing on CBD So You Don’t HaveContinue Reading

Six candidates nominated for the innovation award “Hemp Product of the Year 2019”

On: May 31, 2019

Check out all video items on our Youtube channel Cannabis News Network will be at the 16th EIHA hemp conference, will we see you there? Register here and get your tickets For the second time, the innovation award “Hemp Product of the Year” will be granted to the young, innovativeContinue Reading

The FDA Could Decide Today If CBD in Your Food Is Legal (But Probably Won’t)

On: May 31, 2019

Later today, more than 140 people are scheduled to tell the federal Food and Drug Administration all about CBD. And in return, many, many more people across the country are hoping that the FDA will declare the non-intoxicating cannabis compound associated with healing and wellness benefits is OK — OKContinue Reading

IL adult-use and NJ medical cannabis legislative moves, Harvard MMJ research & more

On: May 31, 2019

The Illinois Senate passes a recreational cannabis sales and taxation bill, an expansion of New Jersey’s medical marijuana program advances, Harvard and Canadian MJ firm Atlas sign a medical research partnership – plus other important news from around the industry. IL adult-use and NJ medical cannabis legislative moves, Harvard MMJContinue Reading

Marijuana retailer Planet 13 reports Q1 revenue of $13.8 million

On: May 30, 2019

Planet 13, a Nevada-based company that runs what is said to be the largest cannabis entertainment center in the world, reported first-quarter revenue of $13.8 million, compared with $3.6 million in the same period a year ago. Net loss for the firm, which owns a 112,000-square-foot superstore in Las Vegas,Continue Reading