Industry News

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  • Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free markets
    A Kentucky tobacco company is investing $15 million in a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products. Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free markets is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news […]
  • Massachusetts regulators delay vote on cannabis delivery permits
    Massachusetts cannabis entrepreneurs will have to wait at least a month longer for clarity on marijuana delivery licenses. The state’s Cannabis Control Commission (CCC) was scheduled to vote Thursday on new rules for those licenses, but the agency instead delayed the decision until Nov. 30, according to the State House News Service. The delay comes […]
  • Aurora Cannabis looks to shore up finances with $500 million shelf offering
    Aurora Cannabis, suffering from red ink, filed a preliminary short-form base shelf prospectus that will allow the licensed producer to raise up to $500 million over a 25-month period when finalized. The Edmonton, Alberta-based company filed the documentation with Canadian securities agencies and the U.S. Securities and Exchange Commission, according to a company news release. […]
  • Missouri official predicts recreational marijuana legalization vote in 2022
    The director of Missouri’s medical cannabis program expects adult-use marijuana to be on the state’s ballot in two years. Lyndall Fraker, the director of the state’s medical marijuana program, told Kansas City TV station WDAF that he believes the legalization of medical marijuana was a steppingstone to full legalization. “I think that was the intent […]
  • New Uruguayan decree could position country as cannabis logistics hub
    Companies operating bonded warehouses in Uruguay are now able to provide international logistics services for the cannabis industry, according to a recently approved decree. Cannabis products can now be shipped from different countries to Uruguay, where they can remain in transit – and be repackaged if needed – and then be reexported to other countries […]
  • Shoppers Drug Mart seeks cannabis sales in pharmacies: Q&A with exec Ken Weisbrod
    Medical cannabis products in Canada should be dispensed to patients inside pharmacies – a natural progression for the sector that would lead to improved practitioner oversight, according to the point person for medical marijuana at Shoppers Drug Mart, the largest pharmacy chain in the country. Ken Weisbrod, the outgoing vice president of business development/cannabis strategy, […]
  • Marijuana legalization proponents outraising opponents 36-to-1 in 2020
    Financial support for marijuana legalization, both medical and recreational, has grown significantly in 2020 compared to 2016. Proponents of state ballot measures have outraised opponents this election season by almost 36-to-1, a massive increase from four years ago when advocates outstripped the opposition by only 4-to-1. Supporters of the legalization measures in Arizona, Mississippi, Montana, […]
  • Cannabis users need more anesthesia during surgery, more opioids after
    While there is significant evidence cannabis can be used to treat chronic pain, a new study suggests it might not be useful for other types of pain and may, in fact, cause harm. Unpublished research presented at the Anesthesiology 2020 annual meeting shows prior cannabis use may interfere with anesthesia during surgery and is associated […]
  • Cannabis use and sleep deficits genetically linked
    We know cannabis use affects sleep. While it has been used for centuries to improve sleep, there is more recent evidence it can also interfere with sleep depending on the amount used. But why? A published study in the journal Sleep sheds some light on this connection by showing certain shared genes predispose people to […]
  • Synthetic cannabinoids linked to increased hospitalizations and deaths in older adults with COPD
    A study out of St. Michael’s Hospital in Toronto has found prescription synthetic cannabinoids are linked to a 64-percent increase in death in older patients with chronic obstructive pulmonary disease (COPD). These oral drugs—nabilone and dronabinol—have a chemical structure similar to THC and are often prescribed to treat symptoms associated with COPD, including pain, sleep […]

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