Cannabis producer Demecan nears €100M valuation after fresh funding Image Cannabis News August 8, 2024 Demecan Nears €100M Valuation After US-Led Funding Round. Demecan Group, one of Germany’s largest cannabis producers, recently completed its latest round of funding, bringing its valuation close to 100 million euros ($109.24 million), a personContinue Reading
Here’s How Home Growing Solves Some Of The Challenges Of Cannabis Image Cannabis News August 8, 2024 Why are cannabis consumers turning from buying pot at a dispensary to home growing? There are a lot of reasons: safety, self-sufficiency, and the prevalence of inflated, fake THC lab results. It alsoContinue Reading
Chicago-based Cannabis giant Cresco Labs loss widens on $61M charge for taxes Image Cannabis News August 8, 2024 Revenue remains about flat at $184 million. Cannabis retailer Cresco Labs Inc. said Thursday its second-quarter loss widened on a $61 million charge related to its tax position, as revenue remained aboutContinue Reading
How the Cannabis Industry Thrives on Innovation Image Cannabis News August 8, 2024 If you’re not part of it, you might not realize cannabis is one of the most innovative spaces right now. Imagine a massive, $27 billion (and growing) industry that can’t use everyday, traditional consumer infrastructure. There’s noContinue Reading
California seizes over $120M in illegal Cannabis since January Image Cannabis News August 8, 2024 California’s Unified Cannabis Task Force Seizes $120 Million in Illegal Cannabis, Reinforcing Support for Legal Market. In strong support of California’s legal cannabis market, Governor Gavin Newsom announced that since January, California’s Unified Cannabis EnforcementContinue Reading
NY Cannabis Control Board Faces Backlash Over Proposal to Ease Buffer Rules for Pot Shops Image Cannabis News August 8, 2024 NY Cannabis Control Board considers easing buffer rules for legal pot shops. Why critics are slamming the idea. Gov. Kathy Hochul’s Cannabis Control Board said it’s considering loosening theContinue Reading
Local lawmakers in Lockhart, Texas have officially placed a marijuana decriminalization initiative on the ballot—reaching a compromise with activists after the city attorney attempted to revise the proposal in a way that supporters worried would face legal challenges and potentially upend the reform. Advocates with Ground Game Texas and theContinue Reading
“These treatments have proven to be a helpful way to treat serious mental health issues like depression, anxiety and PTSD.” By Jack Gorsline, Filter Supporters of a Massachusetts psychedelic decriminalization and legalization measure scored a big win on the night of August 5, as Cambridge City Council voted to endorseContinue Reading
The Nevada Supreme Court is allowing the state Board of Pharmacy to continue classifying marijuana as a Schedule I drug under state law, despite the fact that cannabis is legal there for medical and recreational purposes. On Monday, the Supreme Court reversed a 2022 ruling from the Clark County DistrictContinue Reading
University of New England to offer online Cannabis education classes Image Cannabis News August 7, 2024 Four certificate programs will train students about business, medical, legal and agricultural aspects of the cannabis industry. The University of New England Online will soon offer a set of classes aimed at teaching studentsContinue Reading
