Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
(A version of this story first appeared at Hemp Industry Daily.)
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in...
Marijuana concentrate sales up 40% as more consumers turn to the product category
Sales of marijuana concentrates shot up more than 40% last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made...
Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses...
Tobacco giant sues California cannabis firm, alleging trademark violation
The owners of the Kool menthol cigarette brand filed a lawsuit that claims a California cannabis business has infringed upon its trademarked logo.
According to Bloomberg Law, Kool owner ITG has sued Los Angeles-based Capna Intellectual, which does business...
Cannabis companies use product drops to build hype around new items
It’s every cannabis executive’s dream: a line that stretches out the door and down the block, full of customers eager to spend money on a new product. Social-media hype. Word-of-mouth buzz. And a cash register that’s about to...
Valens files prospectus to issue up to CA$150 million in securities
Valens Co. has filed a base shelf prospectus with securities regulators in Canada that would enable the cannabis derivative manufacturer to raise up to 150 million Canadian dollars ($117 million) in aggregate over the next 25 months.
That is...
Five state medical marijuana markets that could get a boost through reforms in 2021
A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and potentially hundreds of millions of dollars in new sales for existing operators and ancillary services.
Here’s a summary of five key...
Cannabis Beverage Council inspired by alcohol prohibition
(A version of this story first appeared at Hemp Industry Daily.)
A new beverage group has been formed to connect leaders in the cannabis and beverage industries who hope to expand that segment of the hemp and marijuana sectors.
The...
Valens ‘clears the deck,’ liquidating most cannabis oil inventory
Cannabis derivative manufacturer Valens Co. said it is liquidating most of its oil inventory, citing industry trends such as outdoor marijuana harvests and falling prices.
Marijuana Business Daily has reported extensively on Canada’s glut of dried cannabis, edibles and...
Injectable cannabis overdose drug to be developed by IRISYS
Cannabis-related emergency department visits are thought to have more than tripled between 2011 and 2019, coincident with the legalization of recreational and medical cannabis in many US states. Yet there are no approved drugs to treat overdoses due...
