Day: November 9, 2020

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Two New Jersey legislative committees advanced legislation Monday that would implement an adult-use cannabis market, a first step after voters passed a milestone legalization referendum on Election Day. New Jersey legislative panels advance adult-use marijuana bill is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabisContinue Reading

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A new Gallup poll shows that Americans are more in favor of cannabis legalization than ever before, comes on the heels of a clean sweep of statewide marijuana legalization efforts. Marijuana legalization reaches new level of support, survey shows is a post from: Marijuana Business Daily: Financial, Legal & CannabusinessContinue Reading

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Join our Science Symposium, part of MJBizCon 2020, on Nov. 24, 2020 for more on extraction science. How hot is just hot enough? As with so much else involving cannabis, it’s a challenging balance. Cannabis producers need precise manufacturing processes to maximize concentrations of THC and CBD in finished products.Continue Reading

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Join our Science Symposium, part of MJBizCon 2020, on Nov. 24, 2020 for more on genetics and production science. Despite the generally poor economic environment and the tight financing facing cannabis businesses, two cannabis innovation projects based in Canada have secured new funding. Hyasynth Biologicals—a six-year-old, Montreal-based biotechnology company thatContinue Reading

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Germany imported 1,759 kilograms (3,878 pounds) of medical cannabis flower for pharmacy dispensing during the third quarter of 2020, new data from the Federal Institute for Drugs and Medical Devices (BfArM) shows. This represents a 28% decrease over the previous quarter but is 34% lower than the same quarter last year.Continue Reading

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Major Canadian marijuana producer Aurora Cannabis reported a slight quarterly revenue increase during its first fiscal quarter, despite an adjusted EBITDA loss of 57.9 million Canadian dollars ($44.7 million) as the company worked through its transition plan. Net revenue was CA$67.8 million for the quarter ended Sept. 30, and Aurora’sContinue Reading

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Smiths Falls, Ontario-based Canopy Growth reported record net revenue of 135 million Canadian dollars ($104 million) in the second quarter ended Sept. 30, topping analyst expectations, as well as a net loss of about CA$97 million. Canopy reports record cannabis revenue, pledges profit next fiscal year is a post from:Continue Reading