Aurora Cannabis has promoted Miguel Martin to CEO. Aurora taps hemp veteran as new CEO, signals revenue decline and massive write-downs is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Canadian cannabis producer Hexo Corp. and brewer Molson Coors Canada have launched new beverage products under their Truss Beverage Co. joint venture, marking increased competition in Canada’s much-hyped marijuana beverage market. The lineup of five drink brands unveiled Tuesday includes both CBD and THC products. All will be sold in Canadian marijuana dispensaries, not in […]
Two North American business groups signed a memorandum of understanding to support Canadian and American companies seeking to capitalize on the growth of the international cannabis market. The agreement between the Canadian Chamber of Commerce’s International Cannabis Council and the American Trade Association for Cannabis and Hemp (ATACH) will support businesses on both sides of […]
Before Canopy Growth Corp. became the largest cannabis company in the world, it hired Ryan Douglas as its master grower in 2013. It was no small task at the time in Canada – where Ontario-based Canopy is based – because the country had just established regulations for its medical marijuana program, and licenses hadn’t even […]
Before he became a full-fledged advocate for full-spectrum cannabinoid products, Tim Gordon admits he was fascinated with the potential of CBD alone. “My passion was CBD and understanding this Swiss Army knife of molecules,” Gordon told Hemp Industry Daily editor Kristen Nichols during HID’s latest webinar. Gordon, the founder and chief science officer of full-spectrum […]
Nanaimo, British Columbia-based Tilray halved its net loss to $81.7 million for the second quarter ended June 30, a substantial improvement over the previous quarter’s $184.1 million deficit. However, the cannabis and hemp producer reported lower sequential revenue in most of its important categories. Tilray trades as TLRY on the Nasdaq and reports in U.S. […]
Hemp and CBD leaders told Hemp Industry Daily what they hope to see in the FDA’s Enforcement Policy draft guidance, when the industry will likely get to see that document and what will happen to the industry if FDA regulatory guidance on CBD doesn’t come soon. (Click on the orange arrows to advance the slideshow.) […]
(This is an abridged version of a feature that appears in the July issue of Marijuana Business Magazine.) How did a dyslexic 13-year-old who learned how to program computers, manage a mainstream pop band and build and sell a national deodorant brand come to lead a cannabis business? Michael Cammarata, the CEO of Neptune Wellness […]
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Labor is one of the biggest expenses in any cannabis business. Hemp companies are hunting for ways to tighten their belts during the economic downturn, and executives are looking at personnel as one area where savings can […]
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Andrea Steel is co-chairwoman of the Cannabis Business Law Group at Coats Rose, a Houston law firm.) By deeming hemp an agricultural commodity and removing it from the definition of a controlled substance, the 2018 Farm […]
