Canadian marijuana giant Aurora Cannabis has sold its remaining stake in a Toronto company that has a hemp subsidiary in Poland. Aurora sold its shares in The Green Organic Dutchman (TGOD) for 86.5 million Canadian dollars ($64.9 million). Though the move means Aurora has divested itself of a TGOD subsidiary that makes CBD products, HemPoland, […]
Legislation will take effect next week expanding and strengthening protections for state-qualified medical cannabis patients.
(This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Azuca, a CBD-infused product manufacturer headquartered in New York City, is using tiny, infused sugar granules as the building blocks for its rapidly growing cannabis business. The company’s CBD-infused sugars and syrups can be stirred into batters, doughs […]
The MORE Act, which was introduced to the US Congress last month, would completely decriminalize marijuana at the federal level. How will it work, and what will it do for cannabis consumers, pot convicts, and the burgeoning gray-market industry?
Las Vegas NORML collected dozens of signatures from consumers who support such a comprehensively reformative bill. With the consumer’s information, the team will hand-deliver the pre-written letters of support to their respective representative in both Congress and the Senate during our trip to Washington DC and show irrefutable evidence of this bill’s popularity and need.
One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis pioneer Canopy Growth Corp., based in Smith Falls, Ontario, unveiled plans for its new $150 million Hemp Industrial Park in […]
Canadian marijuana giant Aurora Cannabis is sponsoring CBD research with the UFC to determine if the cannabinoid treatments are effective in treating pain and inflammation. The partnership marks a milestone for the cannabis industry, where individual athletes commonly strike sponsorship deals but few prominent leagues agree to research for CBD or other cannabis products. Athletes’ […]
Earlier today, the Senate Banking Committee held a hearing on the SAFE Banking Act, which would allow financial institutions to engage in activities with state-legal cannabis businesses.
Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses.
Right now, CBD is all the rage, but ten years ago it took a team effort of growers, researchers, breeders, and scientists to identify the few remaining high-CBD strains in existence and match them up with growers willing to take a chance on the then obscure cannabinoid. Next, they had to convince profit-minded dispensary buyers […]
