legal marijuana

Consumer packaged goods cannabis company HEXO Corp  (TSX: HEXO) (NYSE: HEXO) announced Tuesday it is launching a new brand dubbed Bake Sale. The initial offering will feature an "All Purpose Flower Sativa" and "All Purpose Flower Indica," both in 28-gram packs. In the...

The cannabis compliance technology platform Fyllo said Tuesday it has raised $30 million via an oversubscribed Series B round co-led by JW Asset Management and Sol Global. Other participants in the funding round include Entourage Effect Capital, Arcadian Capital Management, K2,...

New York Launches Government Website With All The Information On Cannabis Legalization In The State After signing adult-use cannabis into law last Wednesday, New York Governor Andrew Cuomo had taken the first step toward its implementation, launching a new cannabis-focused government website on...

Charlotte Figi, a young girl from Colorado, who helped spread the word about the benefits of CBD in those suffering from rare forms of epilepsy, will never be forgotten. This week, on April 7th, a benefit concert in her honor will be held in her memory. Charlotte's Story Charlotte became famous...

Psychedelic medicine biotech company MindMed (NEO: MMED) (OTCQB: MMEDF) (DE: MMQ) reported Monday the results of a study on MDMA dosing optimization utilizing personalized medicine. The study was conducted at the University Hospital Basel Liechti Lab, in Basel, Switzerland. The company said it...

Hawaii House Approves Proposal For Cannabis Exemption From DEA Hawaii lawmakers approved Wednesday a proposal that seeks an exemption from Drug Enforcement Administration (DEA) regulations, asking that the state is allowed to manage its medical cannabis program without federal involvement,...

Canadian cannabis company, Zenabis Global Inc. (TSX: ZENA) (OTC: ZBISF) released Wednesday its fourth-quarter and full-year financial results with full-year revenue of $59.3 million. Full-Year Highlights Consolidated net revenue jumped 95% from the prior year. Consolidated adjusted EBITDA came in...

Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF), confirmed Tuesday it has completed the acquisition of Ohio-based Parma Wellness Center LLC in a $17 million cash deal. The New York-headquartered multi-state cannabis operator purchased 100% of the membership interest of the management company and...

Schwazze, previously known as Medicine Man Technologies Inc. (OTCQX: SHWZ), posted Tuesday its fourth-quarter and full-year 2020 financial results, with full-year revenue of $24.0 million, up by 94% from $12.4 million in 2019. Full-Year Highlights Product sales reached $22.5 million, compared to...

Shares of cannabis-focused ancillary products and services providers KushCo Holdings, Inc. (OTCQX: KSHB) and Greenlane Holdings, Inc. (NASDAQ: GNLN) are trading up by double-digits on Wednesday morning after the companies confirmed they will be merging. What Happened   Under the agreement...

A psychedelic medicine biotech company, Mind Medicine Inc. (NEO: MMED) (OTCQB: MMEDF) (DE: MMQ), released full-year 2020 financial results Tuesday.  MindMed posted a net and comprehensive loss of $35.1 million for the year ended Dec. 31, 2020. Its total assets at the end of the reporting...

Kansas House Passes Medical Cannabis Legalization Bill, Sends It For A Floor Vote After many meetings held to review a plethora of amendments to a medical cannabis legalization bill, a Kansas House Committee passed the overall measure on Monday in a 13 to 8 vote, writes Marijuana Moment. After the...

GTEC Holdings Ltd (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP), doing business as GTEC Cannabis Co., completed a bought deal public offering co-led by Desjardins Capital Markets and Eight Capital, raising C$23 million ($18.2 million).   Under the offering, the Canadian cannabis company issued...

Virginia Governor Ralph Northam placed his signature on House Bill 1862 turning it into law, reports NORML. The new law, which takes effect July 1st, protects the employment rights of state-registered medical cannabis patients. It forbids employers to fire, discipline or discriminate in any way...

American rapper, singer, producer, and songwriter, Russell James Vitale, better known as Russ, decided to join the booming cannabis industry. Russ teamed up with a cannabis operator Wonderbrett on a new line, CHOMP, named after the rapper's latest EP. The new cannabis line will introduce eights...