cannabis news

What a week for cannabis stocks! Finally rebounding, ETFs inched alongside many big companies in the industry. Over the last five trading days: The Horizons Marijuana Life Sciences Index ETF (OTC: HMLSF) (TSE:HMMJ) was up 19.11% The ETFMG Alternative Harvest ETF (NYSE: MJ) gained 13.87% The...

Week two of 2020 was an exciting one, with New York Gov. Andrew Cuomo pledging to legalize adult-use marijuana in the state this year, news about a medical marijuana legalization measure making it to the November ballot in Mississippi, and South Dakota announcing its Secretary of State Steve...

A new decade is here. And with it, a year where "4/20" will last an entire month! Legal cannabis for adult use arrived to Illinois, with long lines outside of dispensaries formed on Jan 1. The day saw $3.2 million in weed products sold. Among the first customers was Lt. Gov. Juliana...

The last full week of the year, and decade, came with relatively few developments. We started off with some sad news, as we learned psychedelic pioneer and spiritual teacher Ram Dass, born Richard Alpert, died at 88. His work lives on in the hearts and minds of the many people he...

As the end of 2019 approaches, the cannabis industry and related parties seek to end a harsh year on a positive note. While recent weeks brought good news, this past week was a bit of a scramble. On the bright side, the U.S. House and Senate agreed to include a few marijuana, hemp and CBD-related...

Only a week after Brazil came out with medical cannabis regulations, another Latin American nation has taken a step forward in the marijuana space. Peru finally rolled out the sale of medical cannabis products in pharmacies. At the moment, only one pharmacy is licensed to do so. Nearby ...

The largest country in Latin America, Brazil, has finally regulated cannabis sales. The Brazilian sanitary regulatory agency, or ANVISA, which functions similarly to the United States Food and Drug Administration ruled this week to allow the import, production and sale of cannabis-based products....

A shortened week came with no shortage of news, as Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) unveiled its new product portfolio, and its affiliate Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) announced it was adding Thirty Five Ventures, the VC firm run by NBA star Kevin Durant and sports...

For the first time ever, a congressional committee in the U.S. has voted on a cannabis legalization bill. The law in question, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, passed the House Judiciary Committee Wednesday in a 24-10 vote. If approved by the...

Two-thirds of Americans say the use of marijuana should be legal, reflecting a considerable surge over the past decade.. Two-thirds of Americans say the use of marijuana should be legal, reflecting a steady increase over the past decade https://t.co/QoMXjiaUYk pic.twitter.com/V4vLqY3r9f — Pew...

What a week! Drake and Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) partner up to launch a new cannabis company, More Life Growth Company. Tony Hawk release his own line of CBD recovery creams, Birdhouse CBD Balm, by Canna Hemp. He said he’s “excited to be a part of this new...

It was a tough week for cannabis, but a very good week for psychedelics and hemp. Four major cities took significant steps toward the decriminalization of psilocybin mushrooms and other psychedelic plants. Meanwhile, the United States Department of Agriculture released interim regulations for...

Business, finance and policy leaders from around the globe convened this week in Chicago for the Benzinga Cannabis Capital Conference to hear from the main voices in the space, from Bruce Linton, executive chairman of Gage Cannabis, and Jessica Billingsley, CEO of Akerna Corp (NASDAQ: KERN),...

This week marked one year since the rollout of the adult-use cannabis program in Canada, and America’s hat celebrated by adding edibles, beverages and vapes to the list of approved products. Legally accredited cannabis producers in the country sold about $1.1 billion of legal weed during the...

In yet another week packed with cannabis news, we saw Aleafia Health Inc. (OTC: ALEAF) terminate a cannabis supply agreement with Aphria (NYSE: APHA) subsidiary Emblem Corp. after it said the latter failed to provide Aleafia with the equivalent of 175,000 kg in cannabis products. Aphria said...