Three cannabis veterans who helped grow a Canadian firm into the biggest company in cannabis are setting their sights – and up to $175 million – on the U.S. hemp supply chain beyond just flower products. Bruce Linton and Tim Saunders, the former CEO and CFO of Canopy Growth, have joined forces with Geoff Whaling, president […]
New York State is set to legalize and regulate cannabis for adult-use, and improve our existing medical marijuana and hemp programs by April 1st with the 2020-2021 NYS Budget. But our work isn’t over yet and we need to fight for SMART legalization now more than ever!
An Ohio-based cannabis retailer that owns the nation’s largest chain of CBD retail kiosks in malls is selling most of that business to focus on running marijuana dispensaries instead. Green Growth Brands’ announcement last week caps a tumultuous year for the company, which laid off 50 workers in September from its Columbus headquarters. GGB also […]
Australis Capital, a cannabis investment firm based in Las Vegas, terminated its planned acquisition of hemp company Folium Biosciences in the wake of lurid headlines that surfaced regarding the Colorado company it was going to purchase only two months ago. Australis, a spin-off of Canadian marijuana producer Aurora Cannabis, said in a news release it […]
Sports Illustrated and Canadian cannabis behemoth Canopy Growth are the latest players looking for a piece of the sports nutrition and recovery market. Authentic Brands Group, owner of the Sports Illustrated brand, says it will roll out a line of CBD-infused topicals by the end of 2020. And Canopy Growth, majority owner of drink and […]
Although we’re only one month into the Roaring 20’s, Nevada NORML has already hit the ground running at full sprint. Following a wild and groundbreakingly successful 2019 with several memorable events across both The Battle Born State and the nation as a whole, Nevada NORML wanted to ensure that their operations in 2020 surpassed even that of the previous year.
(This is an abridged version of a story that first appeared on Marijuana Business Daily International.) Pharmaceutical-grade CBD kits are now available to German pharmacists for personalized compound preparations. Cannamedical Pharma GMBH, a Cologne-based distributor of medical cannabis, now sells plant-derived CBD isolate kits to pharmacists who compound medicines according to a doctor’s prescription. The […]
Front Range Biosciences is the inaugural winner of the MJBizDaily Awards’ Hemp Game Changer Award. The 2019 award was presented to Front Range Biosciences CEO Jonathan Vaught on Thursday night at the MJBizDaily Awards gala during MJBizCon Week in Las Vegas. “I’m really honored,” Vaught said after winning the award. “I’ve got an incredible team that […]
The legal battle between the U.S. arm of Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer appears to be over. Canopy filed notice that it is dropping its lawsuit accusing Go Farm Hemp of squandering a $12 million advance to grow hemp. Canopy’s filing to dismiss came a month after Go Farm Hemp’s […]
(In this abridged version of a case study that appears in the November-December issue of Marijuana Business Magazine, we look at one example from the growing trend of hemp businesses partnering with mainstream companies. Coming Friday: Case study of the Plus Products partnership with Casper Sleep.) When President Donald Trump signed the 2018 Farm Bill into […]
