A pretty huge merger went under our radar last month, with Canopy Growth, the biggest marijuana company in Canada, buying up a Colorado-based edibles company Wana. They are the number one edibles brand in North America, so Canopy Growth’s interest is certainly warranted. This comes at a time where more and more Canadian companies are […]
Last week, we were able to get a sense of the mood within the industry, and it seems it depends on the size of the provider. At the large scale and the small scale, we were seeing businesses looking hopeful for bigger and bigger profits in the years to come. A new CNN report details […]
Cannabis Business Times has put together a list of states that have a chance of getting their hands on weed within the next coming 14 months. Here’s a breakdown: Delaware Adult-use House Bill 150 is approved by Health and Human Development Committee House floor vote delayed over social equity portion of bill A substitute of […]
Most of the eyeballs reading this article have had at least some experience in front of video games in the past. The pairing of marijuana and gaming is pretty seamless at this point, with a report from Brightfield group claiming that 53% of cannabis consumers have smoked before and while playing video games. And gaming’s […]
Chongson Inc., the managing company for Tommy Chong’s Cannabis brand has named Jonathan Black as acting president. Jonathan Black holds a dual role as president and CEO of the Cheech and Chong Cannabis Company. In a statement by Tommy Chong, he said, “The timing and opportunity to lift the Tommy Chong Cannabis brand to the […]
Prerolled joints called “Peaches” are Justin Bieber’s way of breaking into the cannabis industry. The name is based off of a song from his last album, Justice. “I got my peaches out in Georgia (oh yeah shit), I get my weed from California (that’s that shit),” he croons on the song. He’ll be working with […]
The state of Florida is looking to switch polystyrene products with reusable hemp products. This comes after Florida Agriculture Commissioner Nikki Fried announced the Department of Agriculture and Consumer Services started a rulemaking process to phase out the use of polystyrene products. According to Ganjapreneur, Nikki Fried, a Democrat who is challenging incumbent governor Ron […]
NORML Supports Swift Enactment; Stresses Need for Further Federal Reforms Washington, DC: The NDAA funding package passed by the US House of Representatives includes the provisions of the Secure and Fair Enforcement (SAFE) Banking Act, which allows state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. The language was offered […]
A rather weak earnings report was expected yesterday for the company Aurora Cannabis, but in a move that pretty much confirms its negative outlook, the company delayed the release without any explanation, while also laying off 8% of their workforce. Even before these numbers were expected to come out, stocks across the board for Canadian […]
Since Maine’s adult use cannabis market legalized in October of 2020, sales increased steadily each month. Last month, August of 2021, Maine surpassed its record of cannabis sales in the state. Last month the state sold over $10 million worth of legal marijuana, bringing in over $1 million in tax revenue. According to the Press […]
