Day: September 11, 2019

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Alberta-based Aurora Cannabis reported net revenue of 99 million Canadian dollars ($75 million) in its most recent quarter, a 418% increase from CA$19 million in the same quarter last year. However,  international sales amounted to only CA$4 million in Aurora’s fiscal fourth quarter, which ended June 30. Aurora saw improvementsContinue Reading

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President Donald Trump and Congress are taking aim at the nation’s vaporizer industry, raising questions over whether a possible crackdown could produce fallout for the legal cannabis space. Marijuana industry officials are concerned that any federal action targeting e-cigarettes ultimately could result in regulations curbing the sale of cannabis vaporizers.Continue Reading

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Long known as a progressive firebrand on issues related to inequality and corruption, Elizabeth Warren also regularly champions cannabis legalization in Congress. The post How Elizabeth Warren Became a Cannabis Champion Without Ever Getting High appeared first on Leafly. Read More: How Elizabeth Warren Became a Cannabis ChampionContinue Reading

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The U.S. Drug Enforcement Administration (DEA) is proposing an increase in the amount of marijuana that would be grown for research by almost a third over 2019’s level and nearly triple that of 2018. The DEA wants to boost the amount from 2,450 kilograms (5,401 pounds) in 2019 to 3,200Continue Reading

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Online marijuana advertising giant Weedmaps has offered more details on its plan to remove unlicensed cannabis retailers from its website. But a Los Angeles-area trade organization said it’s not satisfied and is calling for regulators to impose potentially billions of dollars in fines against the company and is even callingContinue Reading

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The U.S. Food and Drug Administration (FDA) reopened a comment period for public input in preparation for the international discussion to reschedule marijuana  as recommended by the World Health Organization (WHO). The deadline to submit comments is Sept. 30. The nonbinding rescheduling recommendations made by the WHO’s Expert Committee on Drug DependenceContinue Reading

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Denver-based Medicine Man Technologies continues its recent acquisition tear, announcing on Wednesday it is paying $31 million in stock and cash for Strawberry Fields, a cannabis operator based in Colorado Springs, Colorado. Strawberry Fields, which has worked with Medicine Man Technologies for many years, owns four recreational dispensaries in ColoradoContinue Reading