Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based Anheuser-Busch InBev and Canadian cannabis giant Tilray, says it launched a line […]
The initial public offering for “blank check” company Collective Growth Corp. continues to be delayed on the Nasdaq because of the volatile stock market and uncertainty caused by the global coronavirus outbreak. The newly organized company, led by former Canopy Growth Corp. executives Bruce Linton, Tim Saunders and Geoff Whaling, was established in hopes of […]
Today, a letter sent last week regarding the state-legal cannabis industry and the prohibition of access to the services of the Small Business by Senators Jacky Rosen (D-NV), Michael Bennett (D-CO), Cory Booker (D-NJ), Tammy Duckworth (D-WI), Kirsten Gillibrand (D-NY), Kamala Harris (D-CA), Ed Markey (D-MA), Robert Menendez (D-NJ), Jeff Merkley (D-OR), Bernie Sanders (I/D-VT) and Ron Wyden (D-OR) additional signers became public
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]
“All that is needed by Congress is the passage of a one line legislative fix to protect tens-of-thousands of American jobs in a supply chain that serves over three million medical marijuana patients.”
There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. That is why this week, NORML reached out to our numerous allies on Capitol Hill to ensure that any Unemployment Insurance aid packages considered by Congress provide relief to cannabis-industry personnel who have been or will be either furloughed from their jobs.
Throughout the city, we’ve been making sure that criminal justice advocacy stays at the forefront of the social cannabis community’s mind. From staying up to date on the happenings of the legal adult use industry to the patient and consumer rights that we stand for, we’re going into March with an even stronger, fired up passion for reform.
A Canadian cannabis giant that shut down more than half its marijuana cultivation facilities and significantly slashed jobs last week is still moving forward with a hemp production facility in New York state. Canadian-based Canopy Growth closed two production facilities in British Columbia and laid off 500 employees there. But construction work continues on an […]
More hemp industry events have been postponed, including the NoCo Hemp Expo this month in Denver, after the rapid spread of the coronavirus outbreak. Originally slated for March 26-28, the expo has been rescheduled for Aug. 6-8 in the same locations in Denver, the event’s organizers said in a statement. As of last week, Morris […]
Three more cannabis-related conferences have been canceled or postponed, including this month’s massive South by Southwest (SXSW) event in Austin, Texas, because of the coronavirus outbreak. In addition to SXSW, which had a cannabis business track that included speakers from Marijuana Business Daily and Hemp Industry Daily, the American Herbal Products Association (AHPA) postponed indefinitely […]
