Month: October 2019 (Page 21)

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California-based cannabis company Bloom Farms settled a defamation lawsuit filed by Oregon’s Cura Partners for an undisclosed sum. Neither company would disclose details of the settlement of the case filed in January in Alameda County Superior Court in California, according to multiple news reports. Cura claimed in the suit thatContinue Reading

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(This story is part of MJBizDaily’s premium subscription service, Investor Intelligence.) Days after Hexo’s CFO resigned, the marijuana company announced a huge miss to fiscal fourth-quarter revenue and withdrew its 2020 revenue guidance. The stock has fallen roughly 29% on the news. The stock move isn’t a surprise; this was aContinue Reading

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The Mexican Senate’s parliamentary commissions of justice, health and legislative study had a special joint meeting to provide updates on the upcoming legalization of marijuana. During the meeting, Senator Julio Ramón Menchaca Salazar, president of the Health Commission, emphasized that the Senate’s deadline to legalize is Wednesday, Oct. 23. Senator Damián Zepeda VidalesContinue Reading

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Nevada Gov. Steve Sisolak on Friday announced he is creating a multi-agency task force to “root out corruption or criminal influences” in the state’s legal cannabis market, spurred by federal charges filed against two businessmen with ties to President Trump’s personal lawyer, Rudy Giuliani. The announcement came a day afterContinue Reading

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Former Nova Scotia Premier Darrell Dexter is calling on the federal government to address banking issues stymieing legal marijuana businesses across Canada. Almost one year into adult-use legalization, cannabis entrepreneurs and registered not-for-profit trade associations are accusing Canada’s banking sector of gouging and arbitrarily closing bank accounts – sometimes citing U.S.Continue Reading

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With so many famous genetics coming out of the region, California is a great market to watch for potential trends—so we scoped out search interest on Leafly to see which cannabis strains are most popular in the Golden State. The post The top 10 cannabis strains in California appeared firstContinue Reading

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The latest research suggests the endocannabinoid system and male reproductive system share a complex and extensive connection, bringing scientists closer to understanding how cannabis affects men’s fertility. The post Study finds endocannabinoid system regulates sperm development appeared first on Leafly. Read More: Study finds endocannabinoid system regulates spermContinue Reading