Month: August 2024 (Page 12)

California learns the Marijuana industry is far from dope Image Cannabis News August 16, 2024 It turns out the legal marijuana business in the Golden State is not golden at all. For all of the promises that legalizing marijuana would create a boon for tax revenue and allow a previouslyContinue Reading

Are casinos losing revenue by not allowing Cannabis consumption? Image Cannabis News August 16, 2024 Nevada casinos would make a titanic splash if they pushed to allow cannabis products to be consumed in their resorts. But don’t count on that happening anytime soon. The Nevada Gaming Control Board in 2018Continue Reading

‘Unprecedented’: Second massive Missouri Cannabis recall leaves some companies scrambling Image Cannabis News August 16, 2024 Missouri Cannabis Recalls Double in Scope, Affecting Over 135,000 Products Statewide. State regulators issued two cannabis recall notices last week involving 135,000 marijuana products — more than double Missouri’s first massive cannabis product recallContinue Reading

Canopy Growth Announces CEO Succession Plan Image Cannabis News August 16, 2024 Canopy Growth Announces CEO David Klein’s Retirement After Transformative Tenure, Search for New Leadership Begins as Company Focuses on Continued Growth and Profitability. Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that CEO David Klein will beContinue Reading

Although hemp seed ingredients such as hemp protein, hemp seed oil and hemp hearts have been approved for human consumption and in the marketplace for over two decades now, they haven’t been approved for feeding to animals. That is, until now. The Hemp Feed Coalition (HFC) is a nonprofit groupContinue Reading

Walton bans Medical Cannabis business operations Image Cannabis News August 15, 2024 Walton residents won’t see any marijuana dispensaries opening up in the city anytime soon. At its meeting on Tuesday evening, the city council approved an ordinance prohibiting cannabis business operations, including cannabis testing facilities and dispensaries. This meansContinue Reading

Ascend Wellness Expands Access to Non-Medical Cannabis At Its Fifth Retail Location in Ohio Image Cannabis News August 15, 2024 Ascend Wellness Expands Recreational Cannabis Sales in Ohio, Tripling Revenue with New Non-Medical Market. Ascend Wellness Holdings, Inc, a multi-state, vertically integrated cannabis operator, announces expanded access to non-medical salesContinue Reading

Michigan Cannabis Sales Lift Modestly in July Image Cannabis News August 15, 2024 Michigan Cannabis Sales Growth Slows in July Amid Declining Prices and Evolving Market Trends. Michigan cannabis sales for July rose sequentially 3.2% from June with the increase in days. At $287.7 million, sales were up 4.0% fromContinue Reading