Valens GroWorks’ revenue shot up nearly threefold to 8.8 million Canadian dollars ($6.7 million) in the last fiscal quarter on strong demand for its white-label services ahead of Canada’s infused cannabis market launch later this year. The revenue was ahead of analyst expectations. Adjusted earnings before interest, tax, depreciation andContinue Reading
Shawn Carter, better known as Jay-Z or Mr. Beyonce Knowles, has been renowned in the rap world for years as a proudly cocky self-made billionaire with a lot of things to brag about. And now, per a July 9 announcement, he’s got another one: cannabis company Caliva announced their decisionContinue Reading
Organigram, a Canadian cannabis producer that trades on a major U.S. exchange, reported net revenues of 24.8 million Canadian dollars ($18.6 million) for the fiscal third quarter ended May 31, up from CA$3.44 million in the same period last year. Net loss for the quarter for the New Brunswick-based companyContinue Reading
Amazon Prime Day 2019 is officially here. Take a look at the best cannabis-related deals it has to offer. The post 7 Cannabis Accessory Deals on Amazon Prime Day 2019 appeared first on Leafly. Read More: 7 Cannabis Accessory Deals on Amazon Prime Day 2019Continue Reading
New Hampshire Gov. Chris Sununu vetoed legislation that could have spurred medical marijuana sales by eliminating a health-care provider requirement. The bill would have eliminated the requirement that a patient have at least a three-month relationship with a health-care provider before being certified to receive MMJ. In nixing the medicalContinue Reading
Prospective medical marijuana growers in Utah face a longer-than-expected wait because a state agency postponed the decision to award licenses. State regulators announced they delayed until the end of July the announcement of who will grow the state’s medical marijuana. A July 15 deadline initially had been set for theContinue Reading
Lagunitas’ Hi-Fi Hops takes first place in a blind taste test of five cannabis drinks. The post Beer Brewers on New Cannabis Beers: ‘They Should Just Stop’ appeared first on Leafly. Read More: Beer Brewers on New Cannabis Beers: ‘They Should Just Stop’Continue Reading
Longtime family farmers, larger operations that grow hemp, and out-of-state corporate growers are among the 81 applicants lining up to be licensed medical cannabis growers in Utah. The post Competition to Grow Medical Cannabis in Utah Heats Up appeared first on Leafly. Read More: Competition to Grow MedicalContinue Reading
The California senator didn’t support legalization in 2016. Now she does. What changed? The post Kamala Harris Evolved Slowly on Legalization, but She’s All About It Now appeared first on Leafly. Read More: Kamala Harris Evolved Slowly on Legalization, but She’s All About It NowContinue Reading
Try to imagine a world in which cannabis as North Americans know it — green trees, sticky flowers, colas caked with trichomes — did not exist. Not in a store (this is before legalization) and not from the connection in your phone, or in anyone else’s. Now try to imagineContinue Reading
