Month: August 2019 (Page 26)

Back in the “OG days,” as we’ll probably fondly recall the time before legalization, one of my greatest joys was bringing in a turkey bag full of flowers to our urban dealer friends, or later to the buyers at emerging dispensaries. First, we’d have to “run the gauntlet” as drivingContinue Reading

In recent years, more people are searching for alternatives to traditional pharmaceutical painkillers and opiate drugs. Now, they are reaching for natural, non-pharmaceutical products like CBD, the non-intoxicating cannabinoid found in cannabis. One of the greatest supposed benefits of CBD is its potential to manage pain. For world-class athletes, thisContinue Reading

(This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Because marijuana is illegal in the United States, financially distressed cannabis-related companies are between a rock and a hard place when seeking relief from creditors. It’s even difficult for non-plant-touching companies to takeContinue Reading

We’re waist-deep in the dog days of summer. It’s that special, hazy time of the year where sweat-slicked days ooze into muggy, electric nights and everything is a little looser than usual.  In accordance, this week’s weed culture roundup is sort of unhinged. It’s a grab bag of celebrity andContinue Reading

Cronos Group, a vertically integrated cannabis company based in Ontario, Canada, that has international production and distribution, said Friday it will buy four operating subsidiaries from Redwood Holding Group for $300 million. Redwood, which is headquartered in Los Angeles, produces, markets and distributes hemp-derived CBD products, including skin care, bathContinue Reading

Patients in Louisiana have been waiting years for medical marijuana, after lawmakers created the regulatory framework for dispensing therapeutic cannabis in 2015. The post Medical Marijuana Expected Tuesday at Louisiana Dispensaries appeared first on Leafly. Read More: Medical Marijuana Expected Tuesday at Louisiana DispensariesContinue Reading

TerrAscend, an Ontario, Canada-based vertically integrated cannabis company, agreed to acquire Ilera Healthcare, a Pennsylvania-based marijuana cultivator, processor and dispensary operator for up to $225 million (CA$297 million). The total cost of the transaction will depend on Ilera reaching certain revenue and profitability targets. For now, TerrAscend is set to payContinue Reading

A new law went into effect Aug. 2 that permits Colorado doctors to recommend medical marijuana in lieu of opioids, a development that could boost MMJ sales in the state. In 2017, 3.7 million opioid prescriptions were issued in Colorado, according to the state’s drug-monitoring program. State health officials reportedContinue Reading