Month: June 2019 (Page 9)

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Members of the cannabis industry often tout their field as one of the most inclusive. The legal cannabis market is, after all, being constructed and furnished right before our very eyes — why wouldn’t it be diverse and accepting and progressive? After all, given the medical marijuana movements close tiesContinue Reading

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The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned acquisition, New York’s adult-use cannabis legislation hits a wall – plus other important news from around the industry. US House OKsContinue Reading

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Canopy Growth, the Ontario-based marijuana firm, reported net revenue of 94.1 million Canadian dollars ($71.5 million) for the fiscal fourth quarter ended Mar. 31, up from CA$22.8 million in the same period a year ago. Net loss for the quarter was CA$323.4 million compared with CA$54.4 million a year ago.Continue Reading

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There was once a time not so long ago when marijuana legalization was touted as a way to pull people out of the black market and get them to shop for their stoned surplus through legitimate sources. But then, all of a sudden, the conversation turned to, well, maybe legalizationContinue Reading

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The Democratic-controlled US House of Representatives has voted to block the Justice Department from interfering with states that have legalized cannabis for adult use. The post US House OKs Plan to Block Federal Cannabis Interference appeared first on Leafly. Read More: US House OKs Plan to Block FederalContinue Reading

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Congress voted on cannabis’s biggest victory ever on Capitol Hill today. The Blumenauer-McClintock amendment blocks the Department of Justice from using its resources to go after state-legal marijuana providers is the biggest cannabis vote on Capitol Hill since Congress passed a similar measure in 2014 protecting the medical cannabis industry.Continue Reading