Month: May 2019 (Page 24)

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Join us for an inside look at Xtracetd Labs, a cannabis extraction company that has long set the high water mark for quality cannabis oil. The post In Photos: Pouring Liquid Gold Cannabis Oil at Xtracted Labs appeared first on Leafly. Read More: In Photos: Pouring Liquid GoldContinue Reading

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Burdensome and irksome, arbitrary and protectionist, the many webbed network of laws governing commercial cannabis in California are there for at least one reason even hardcore libertarians should grudgingly appreciate: They are meant to prevent consumers from purchasing knock-off products that have the potential to do them harm. This isContinue Reading

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Under the new law, judges are required to grant requests to vacate misdemeanor marijuana possession charges that occurred before the drug was legalized. The post New Washington Law Will Erase Old Cannabis Convictions appeared first on Leafly. Read More: New Washington Law Will Erase Old Cannabis ConvictionsContinue Reading

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Ontario, Canada-based CannTrust Holdings reported that first-quarter revenue more than doubled from a year earlier, mostly on the back of rising medical marijuana sales, while the company’s net income inched higher. Adult-use sales, however, struggled. First-quarter revenue jumped 115% from a year earlier to 16.9 million Canadian dollars ($12.6 million),Continue Reading

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New York-based marijuana company Acreage Holdings said it agreed to sell cannabis-related real estate to a newly formed real estate investment trust (REIT), GreenAcreage Real Estate Corp., under a leaseback agreement between the two companies. The price wasn’t disclosed. Acreage holds a 20% interest in GreenAcreage Real Estate Corp. (GARE).Continue Reading

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California-based Natura Life + Science announced the completion of a $91 million raise to build a marijuana campus in the Golden State. The 265,000-square-foot facility will eventually include a vertically integrated platform that includes cultivation, processing and dispensary operations, according to a news release. For more details about the raise,Continue Reading

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Three dispensaries received licenses to deliver medical cannabis to homes in Michigan – a move that signals the beginning of a new business opportunity for marijuana entrepreneurs in the state. BotaniQ and Utopia Gardens, both of Detroit, and Lake Effect of Portage in southwestern Michigan were the first three deliveryContinue Reading