Dec 18, 2020 | National
New Jersey lawmakers on Thursday approved legislation to regulate and launch an adult-use marijuana market next year that’s expected to become the largest on the East Coast with sales approaching $1 billion in a few years. Passage of the implementation bill by the...
Dec 17, 2020 | National
Canadian cannabis companies Aphria and Tilray on Wednesday announced plans to merge, a transaction that would create a giant international marijuana firm with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion). The merged...
Dec 17, 2020 | National
Israeli startup CanBreed said it has used gene editing technology to alter a gene in the cannabis plant to make the plant resistant to powdery mildew, a fungus that can be deadly for the plant. CanBreed said that to the best of its knowledge, this is the first time a...
Dec 17, 2020 | National
Sen. Rand Paul (R-KY) on Tuesday introduced a bill that would triple the concentration of THC that can be in legal hemp plants and address multiple other concerns the industry has expressed about proposed federal regulations for the crop. Hemp and its derivatives were...
Dec 11, 2020 | National
Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction at a whopping $1.5 billion. According to a news release, the website’s owners, WM Holding Co.,...
Dec 11, 2020 | National
Members of the US House of Representatives on Wednesday passed HR 3797: The Medical Marijuana Research Act, which facilitates clinical cannabis research by establishing a process so that authorized scientists may access flowers and other products manufactured in...
