Month: August 2019 (Page 23)

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We’ve seen price drops in the US, but with a different marketplace, experts say supply and demand will have little effect on the price of cannabis in Canada. The post Will the Price of Cannabis in Canada Ever Drop? appeared first on Leafly. Read More: Will the PriceContinue Reading

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Strong patient interest in the only federally approved CBD product in the United States helped drugmaker GW Pharmaceuticals record $72 million in revenue last quarter. Epidiolex, which is made by London’s GW Pharma (Nasdaq: GWPH), is a seizure control drug approved by the U.S. Food and Drug Administration. It has seen brisk sales andContinue Reading

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Irish officials announced on Aug. 2 that the nation would be taking a public health approach to first and second offenses for the simple possession of small amounts of drugs. The plan was announced late last week by Minister for Health Simon Harris, Minister for Justice Charlie Flanagan and MinisterContinue Reading

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Because of the rapidly evolving legal and regulatory environment at the federal and state levels, barriers to entry play a huge factor in the cannabis industry. Barriers to entry present benefits, risks for marijuana investors is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneursContinue Reading

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The state’s dispensaries open for business, as Louisiana becomes the first Deep South state to offer legal medical cannabis. The post Louisiana Patients Finally Get Their Medical Marijuana appeared first on Leafly. Read More: Louisiana Patients Finally Get Their Medical MarijuanaContinue Reading

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Washington state regulators lengthened the contract for Leaf Data Systems, the seed-to-sale tracking program offered by Denver-based MJ Freeway, requiring the company to focus on stabilizing and fixing the system after the software experienced challenges during a July release. The Washington State Liquor and Cannabis Board (LCB) amended the contract withContinue Reading

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“There is a national game plan by the bigger companies to dominate 100% of the American space, to monopolize as much as possible,” said the shop’s co-owner. “City councils, mayors, local congressmen—everyone’s affected by the will of the bigger companies. The post Boston’s First Licensed Cannabis Shop Is a BigContinue Reading

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Columbia Care, a New York-based multistate cannabis operator, reported revenue of $19.3 million for the second quarter ended June 30, up from $9.6 million in the same period last year. Net loss for the period was $33.7 million, compared with a loss of $4.2 million in the second quarter ofContinue Reading

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It’s August 8, but there’s no secret 8/8 code. It’s the brainchild of a calendar company and a North Carolina CBD manufacturer. The post How ‘National CBD Day’ Became a Thing appeared first on Leafly. Read More: How ‘National CBD Day’ Became a ThingContinue Reading