While Village Farms International Inc. (NASDAQ: VFF) is known for cultivating tomatoes and cannabis in its greenhouse facilities, the company has increasingly looked to the ground for another crop: renewable natural gas derived from landfill refuse. The bid is shaping up to unlock an unexpected revenue stream while providing an …
“The revocation is the result of ongoing violations, most recently for selling more than 1,800 expired products.” By Tess Vrbin, Arkansas Advocate Arkansas’s Alcoholic Beverage Control Division revoked a Hot Springs medical marijuana dispensary’s license […]
Embarc opened the first cannabis store in Madera, located in the state’s Central Valley just outside Fresno. …
The cannabis industry’s breakneck expansion across North America cooled even further in the first quarter of 2024. The number of active licensed businesses and new applicants declining steeply in both the U.S. and Canada, as market saturation and economic pressures took their toll. “The pace of cannabis business licensing in …
The Daily Hit is a recap of the top financial news stories for Thursday, May 2, 2024. On the Site SNDL pushes ahead with Parallel, Skymint buys despite litigation SNDL’s lending partner SunStream has been accused of improperly taking over companies’ assets. Read more here. Senate, House release competing versions …
Arkansas medical marijuana regulators revoked a business permit for the first time in the nascent industry’s history, the state Department of Finance and Administration announced Thursday. Green Springs Medical Dispensary in the town of Hot Springs has lost its permit to operate, the Arkansas Alcoholic Beverage Control Division said in …
This story was republished with permission from Modern Healthcare and written by Alex Kacik. The federal government is poised to remove marijuana from the most dangerous class of drugs, which could open up more clinical treatments and research opportunities. The Justice Department is recommending reclassifying marijuana as a Schedule III drug, down from …
“Treatment was associated with reductions in pain-specific patient-reported outcome measures at all time points in patients with osteoarthritis.” The post Study: Osteoarthritis Patients Report Sustained Benefits From Cannabis appeared first on NORML.
Patients who consumed CBD, on average, experienced a greater than 50 percent reduction in their pain. The post Randomized Clinical Trial: CBD Effectively Treats Acute Dental Pain appeared first on NORML.
Following legalization, fewer young people engaged in DUI alcohol. Among young people who used cannabis, fewer acknowledged driving under its influence. The post Analysis: Fewer Young Adults Driving Impaired Following Marijuana Legalization appeared first on […]
The study’s authors concluded, “Current evidence suggests an association between nicotine-product use and subsequent recreational cannabis use among adolescents.” The post Review: Use Of Nicotine Products Typically Precedes Teens’ Use Of Cannabis appeared first on […]
Canadian cannabis company SNDL Inc. (NASDAQ: SNDL) said Wednesday its affiliate, SunStream USA, will proceed with the acquisition of equity stakes in U.S. multistate operators Parallel and Skymint, even as legal battles remain over the targeted acquisitions. SNDL said its plans received a regulatory green light, with Nasdaq finding the …
The move represents an important step in executing the company’s corporate strategy through centralized command and control of Cookies’ supply chain. …
The Zen Leaf store in Naugatuck is the company’s fifth retail location in the state. …
SNDL, through its joint venture in SunStream Bancorp Inc., today announced the SunStream USA group of companies (collectively, “SunStream USA Group”) intends to proceed with the acquisition of equity positions in U.S. cannabis assets, resulting in majority equity positions in select assets of Surterra Holdings, Inc. (d/b/a Parallel) and Greenpeak …
The Scotts Miracle-Gro Co. (NYSE: SMG) reported signs of improvement in its struggling cannabis-focused Hawthorne business unit, as restructuring efforts and a possible merger provide reasons for optimism, according to management. On the company’s earnings call Wednesday, CEO Jim Hagedorn told investors that while the firm recently partnered with BFG …
The Daily Hit is a recap of the top financial news stories for Wednesday, May 1, 2024. On the Site Senate Democrats reintroduce bill to federally legalize marijuana Happily piggybacking on yesterday’s historic news that the Biden administration is poised to reschedule marijuana, Senate Democratic leaders announced they would be …
Compass Pathways plc (Nasdaq: CMPS) entered into a research collaboration agreement this week with Journey Clinical, a U.S.-based psychedelic-assisted psychotherapy platform. The collaboration deal aims to develop a scalable and practical delivery and health care provider training model for Compass’ COMP360 psilocybin therapy for treatment-resistant depression, pending regulatory approval, according …
Israeli medical marijuana company InterCure Ltd. (NASDAQ: INCR) (TASE: INCR) posted a loss last year of 63.5 million New Israeli Shekels, or about $16.9 million, “mainly due to war damage” following the Hamas attack on Oct. 7 last year, the company reported on Wednesday. The losses came despite revenues of …
Cole spoke on a media call organized by industry groups and said Congress must ‘act to create a unified regulatory environment that involves both the states and the federal government.’ …