(A version of this story first appeared at Marijuana Business Daily.) A legal and financial liability has emerged over the past two years threatening the coffers of hemp and marijuana businesses: class action lawsuits filed by recipients of unwanted text-message advertisements who allege they’re getting spammed with deals and sales. To date, at least a […]
The latest COVID stimulus package proposed by House leadership maintains provisions permitting licensed cannabis businesses…
The post Democrats’ Latest COVID Relief Package Includes Marijuana Banking Provisions appeared first on NORML.
“The only resolution to this constitutional conflict is for the Supreme Court to invoke the doctrine of estoppel to prevent the federal government from reversing course and retroactively penalizing that which it has protected in fostering state cannabis programs and effectively legalizing it.”
The post NORML Files Amicus Brief to the Supreme Court Challenging Cannabis’ Schedule I Prohibited Status Under Federal Law appeared first on NORML.
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
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.) […]
