Month: June 2023 (Page 7)

Class-action lawsuit launched against Canopy Cannabis over financial reporting Image Cannabis News June 26, 2023 The lawsuit says the company admitted that it overstated revenue for its BioSteel subsidiary, causing investors economic loss. A B.C. investor has launched a class-action lawsuit against Canopy Growth Corp., one of Canada’s largest cannabisContinue Reading

Steven Jung kickstarted his journey in operations leadership as a captain in the US Army serving in various strategic and tactical roles. Since then, he has built an impressive portfolio of operational expertise, from high-growth startups in Silicon Valley to financial start-ups to Twitter. He joined the cannabis industry inContinue Reading

In this week’s cannabis news round-up, the Nevada governor enacts cannabis reform bill and eases industry regulations; Vermont enhances home grow and access for medical cannabis patients and Twitch updates its branding policy to prohibit pot but allow alcohol promotions. Governor Joe Lombardo PHOTO AP Nevada Governor Enacts Cannabis Expansion,Continue Reading

Missouri to be testing ground on plain Cannabis packaging Image Cannabis News June 23, 2023 For decades, there’s been a global movement urging “plain packaging” on tobacco products – or packaging with limited colors and frills – after numerous studies found it makes cigarettes less appealing to young people. MissouriContinue Reading

Legal Weed sales in Minnesota expected to hit $1.5 Billion Image Cannabis News June 23, 2023 The regulated cannabis market in Minnesota is expected to grow to more than $1,5 billion per year by the end of the decade, according to a projection from Vicente LLP. The regulated marijuana marketContinue Reading

New York aims to crack down on ‘unjust’ illegal Cannabis Stores Image Cannabis News June 23, 2023 Gov Kathy Hochul announced results of new enforcement actions to crack down on illegal cannabis shops in New York. Hochul said those stores are a barrier to creating a thriving and equitable cannabisContinue Reading