Canopy Growth Q1 Revenue jumps 12% sequentially Image Cannabis News August 10, 2023 Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations in FY2023, Q1 FY2024 net revenue increased 16%Continue Reading
As Ohio marijuana reform advocates await final certification of signatures for a legalization initiative they hope to place on the November ballot, an unrelated vote during the state’s special election on Tuesday is being viewed as a bellwether for the cannabis proposal’s passage. Voters turned out in impressive numbers toContinue Reading
New York’s first marijuana farmers market will open on Thursday in the Hudson Valley, state regulators announced. About one month after the Cannabis Control Board (CCB) started accepting applications for the new Cannabis Growers Showcases (CGS) program, regulators said in a press release on Wednesday that High Falls Canna hasContinue Reading
Marijuana sales are booming in the Northeast, with three states in the region—Maine, Massachusetts and Rhode Island—all hitting new records in July. Maine retailers sold $20.8 million in cannabis in July, which is the third month of record-setting totals in a row. So far in the first half of theContinue Reading
A top German official says he expects the federal cabinet to approve the first part of the government’s marijuana legalization plan “next week,” and he emphasized that the reform will be coupled with a “major campaign” to educate the public about the risks of using cannabis. In an interview withContinue Reading
The governor of Minnesota says that Republican lawmakers are spreading “misinformation” about the state’s newly enacted marijuana legalization law—and while he believes the policy will continue to be tweaked over time, he will not be convening an urgent special session as GOP members have requested. During a press briefing onContinue Reading
Voting is officially open for the 2024 South by Southwest (SXSW) festival—and this time, there are more than 100 marijuana and psychedelics panels that are up for consideration. Drug policy reform issues have been regularly featured at the Austin-based event over the past several years as the cannabis legalization movementContinue Reading
Can breathalyzers detect Cannabis impairment? Image Cannabis News August 9, 2023 Can breathalyzers detect cannabis impairment like they can detect alcohol impairment? This summer, Monroe County is boosting its enforcement of ignition interlock devices, court-ordered devices that require drivers to give a breath sample to start a car. They’re usedContinue Reading
NY Cannabis industry pushes back on flavored vape ban Image Cannabis News August 9, 2023 The New York Cannabis Vape Standards Coalition is a group of stakeholders committed to advocating for quality standards in vape ingredients that spur industry growth, align with public health interests, and advance consumer choice. TheseContinue Reading
Will the Cannabis Commission get it wrong again? Image Cannabis News August 9, 2023 There is overwhelming concern the Commission has failed to “self-correct” its internal procedures that led to the June pause. worrying belief around Montgomery is that when the Alabama Medical Cannabis Commission meets on Thursday, it willContinue Reading
