Month: August 2020 (Page 18)

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Check out this new way to dab cannabis, which seeks to revolutionize concentrate usage, dosing, and reliability. The post Dabbing gets cleaner and more high tech with DabTabs appeared first on Leafly. Read More: Dabbing gets cleaner and more high tech with DabTabsContinue Reading

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Illinois should use tax revenue from recreational marijuana sales to help social equity applicants who continue to accrue expenses because of extended coronavirus-fueled licensing delays, an industry group says. The Cannabis Business Association of Illinois suggested the move in a letter to Gov. J.B. Pritzker, according to the Chicago Tribune.Continue Reading

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Medical cannabis companies in Ohio, complaining that market growth is being constrained, are calling for more dispensaries and permission to expand cultivation facilities. The complaints come as MMJ sales in the state reached the milestone of $100 million year-to-date, according to Columbus Business First. Despite those numbers, Ohio MMJ sales areContinue Reading

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Toronto-based cannabis company Cronos Group reported an adjusted operating loss of $31.3 million for its second quarter, along with $40 million worth of coronavirus-related impairment charges on its U.S. operations. Net revenue for the quarter ended June 30 was $9.9 million, a 17.9% increase over the previous quarter. Cronos reportsContinue Reading

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Toronto-based cannabis company Cronos Group reported an adjusted operating loss of $31.3 million for its second quarter, along with $40 million worth of coronavirus-related impairment charges on its U.S. operations. Net revenue for the quarter ended June 30 was $9.9 million, a 17.9% increase over the previous quarter. Cronos reportsContinue Reading

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Marijuana multistate operator Parallel will provide $3 million in grants to the University of Pittsburgh to research medical cannabis under a 10-year agreement. The partnership is the eighth and final of such alliances permitted under Pennsylvania’s medical marijuana rules. Under the program, the MMJ businesses grow, process and supply marijuanaContinue Reading