Newsfeeds Archive - Page 14 of 65

4 minute read

Who’s Who In Cannabis: January Executive Changes You Should Know About

February 2, 12:01 PM

In cannabis sector news Flora Growth Corp. CEO Clifford Starke was elected as chairman of US Hemp Roundtable and Illinois Gov. J.B. Pritzker announces new appointments, including Teresa Ramirez, among other items.

BZAMF

3 minute read

Top Canadian Cannabis Producers Caught In International Controversy Over Imports

By Jelena Martinovic

February 1, 3:00 PM

Israel's Trade Levies Unit launched an anti-dumping investigation into the import of medical cannabis from Canada, saying it causes injury to the domestic cannabis industry in Israel.

BZAMF

2 minute read

These 2 Canadian Cannabis Companies Forge Ahead In European Markets With German, Dutch Ventures

By Jelena Martinovic

January 31, 5:22 PM

Sanity Group, a German cannabis company, has received its first shipment of bulk dried flower from Canadian producer Organigram Holdings. Also in the European market, Village Farms International has begun building its first indoor cannabis-growing facility in the Netherlands through its Dutch subsidiary Leli Holland.

ACB

2 minute read

Cannabis Producer Nextleaf Reports 85% YoY Net Revenue Increase: ‘2023 Delivered Financial Stability’

By Jelena Martinovic

January 31, 10:22 AM

Nextleaf enjoys four quarters of consistent positive cash flow due to a reduction in operating expenses and improved gross margins.

CSE:OILS

3 minute read

Canadian Cannabis Retail Giant High Tide Narrows Net Loss YoY, Reports 37% Revenue Growth In 2023

By Jelena Martinovic

January 30, 10:13 AM

Canadian cannabis company High Tide filed its year-end audited 2023 and recorded revenue rose by 37% year-over-year.

HITI

2 minute read

Ohio GOP Lawmakers Say Adult-Use Cannabis Sales Rules Could Be Ready In Spring, Promise ‘Real Progress’

By Jelena Martinovic

January 29, 11:04 AM

Although Ohio voted in favor of legalizing recreational cannabis over two months ago, marijuana sales have yet to commence. This is because there have not been any rules defined regarding the legal sales of the recreational drug. According to Speaker of the Ohio House, Jason Stephens, he is working towards achieving a resolution on this issue in the spring. The Senate President, Matt Huffman, is also optimistic that the groups will reach a resolution on this matter within the next month. Several competing bills have been put forward, with both House Bill 86 and House Bill 354 looking to address the issue.

2 minute read

Here’s Where To Buy Legal Weed: Cannabis Delivery In New York, New Stores In Five More States, Canada

By Jelena Martinovic

January 26, 2:34 PM

New York has seen the launch of several new adult-use cannabis stores, while stores are opening in California, Connecticut, Illinois, Massachusetts and Pennsylvania, as well as in Canada.

ACRHF

3 minute read

Record-Breaking Cannabis Sales In Ohio Mask Stagnating Growth Rate: What’s Behind The Numbers?

By Jelena Martinovic

January 25, 2:48 PM

Sales of medical cannabis in Ohio reached a new record high in 2023, with $484.4 million worth of products sold, but the growth rate of sales has been in decline, increasing by only 1.2% compared to the previous year.

2 minute read

Colorado Wants To Simplify Cannabis Regulations, Eliminate Fungus Testing: A 500-Page Rulebook Is Too Long, Lawmakers Say

By Jelena Martinovic

January 25, 11:11 AM

Colorado lawmakers have introduced a bipartisan bill that aims to remove a rule requiring cannabis products to be tested for a fungus called Aspergillus. The rule, which was implemented by the Colorado Marijuana Enforcement Division, resulted in 17 product recalls in 2023, the most in the last seven years. The bill, Senate Bill 24-076, also seeks to make other changes to cannabis business regulations in the state. It would address the issue of labelling mandates for THC-infused products made from remediated marijuana, allow dispensaries to sell consumable goods that don't contain THC or CBD, and extend cannabis licensure from one to two years without any changes in fees. The bill has been brought by the Marijuana Industry Group, which says it is time for Colorado to streamline its regulations, following the lead of states including Nevada, California, Oregon and Maryland.

CSE:GTII

2 minute read

Medical Cannabis Co. Expands Into National Grocery Chain: cbdMD’s Gummies Hit Shelves At Sprouts Farmers Market

By Jelena Martinovic

January 19, 11:32 AM

cbdMD, Inc., a medical cannabis company, has entered into a partnership with Sprouts Farmers Market to make its Apple Cider Vinegar (ACV) and Immunity Gummy Pouches available in 175 locations nationwide. Sprouts Farmers Market has chosen cbdMD as a prominent brand for its CBD section. Shannon Charles, CMO at cbdMD, expressed their gratitude for this opportunity and their dedication to quality and customer satisfaction. The ACV Gummies contain organic apple cider vinegar powder and provide daily Vitamin B12 and Folic Acid requirements, while the Immunity Gummies support immune health with essential vitamins and antioxidants. The gummies are vegan-friendly, gluten-free, and compliant with the Farm Bill. Charles stated that this partnership brings them closer to their goal of promoting a balanced lifestyle and optimal wellness.

YCBD