Cannabis Market Update: Is This The Bottom You Were Waiting For?
Without question, the US cannabis industry is in trouble, at least if you judge from the continuing closure of cultivation facilities and dispensaries and stock prices of the companies in our portfolio purchased in January 2022. At that time, StockWatchIndex (SWI)...
What Will The CBD Landscape Look Like If Congress Forces FDA To Finally Write Rules?
With a suite of bipartisan bills moving through Congress that could be pillars in a regulatory framework for CBD, what would it look like if they all became law? First of all, should any or all of the measures pass, the U.S. Food and Drug Administration (FDA)...
TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan
TerrAscend Corp. TSNDF cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially...
Cannabis Cafes Get Green Light In California
Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve...
Last Chance To Participate In Jamie Cooper’s October HalloWEED Promo
Jamie Cooper has a couple more spots available to help drive consumer and wholesale awareness for your brand! Zapres Events is working on this month's drop for our High Hello Monthly Promotion, which will be HalloWEED themed and available in stores beginning October...
Harris Wants To Be Pro-Cannabis Candidate. Industry Isn’t Convinced Yet
Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview with sports and culture podcast “All the Smoke” — but industry leaders aren’t convinced her administration would lead to the reform she has...
Oct. 8 – Lansing – MiCIA Fall Caucus And Luncheon
Join the MiCIA Fall Caucus and Luncheon! Network with cannabis industry leaders over cocktails, learn from industry experts and receive updates directly from our lobbyist and Michigan lawmakers Please purchase your ticket directly on our website by...
Best Practices For Cultivators
The Cannabis Regulatory Agency (CRA) is dedicated to providing licensees the information needed to foster a transparent and consistent approach to compliance efforts throughout the harvest season. The Operations Support Section hosted a CRA Education Session regarding...
Timing Wrong For Bill Seeking To Raise THC Limit For Hemp
U.S. Sen. Rand Paul has again introduced legislation that would triple the THC limit for industrial hemp, an act of poor timing if we ever saw one. Rand has refloated the Hemp Economic Mobilization Plan (“HEMP” Act), which suggests an increase from 0.3% to 1.0%...
Ohio Cannabis Sales Eclipse $87 Million In Less Than Two Months
Profits from sales of recreational marijuana are in the tens of millions, the Division of Cannabis Control reports. As of September 28, sales of recreational marijuana were reported to have exceeded $87.1 million of the more than $2 billion in total product sales...
