Cannect Wellness has secured $7 million in new funding, the company said on Tuesday. The Chicago-based craft cannabis producer plans to use the capital infusion to beef its production capacity, expand its product portfolio and double its workforce. This latest capital infusion brings the firm’s total equity financing to $14.5 …
“Historically, government-affiliated sources have either embellished or outright lied about marijuana and its effects. So it’s no wonder that the public doesn’t consider them to be credible sources for marijuana-related information.” The post Survey: Adults Seeking Marijuana-Related Advice Seldom Refer to Healthcare Providers or Government Agencies appeared first on NORML.
54.7% – Percentage of adult-use licenses awarded to social and economic equity applicants in New York When New York legislators passed the bill to create an adult-use cannabis market, a key provision of the law was to incentivize participation by people who qualified as social and economic equity (SEE) applicants, …
The cannabis industry breathed a sigh of relief as news of the East Coast port strike settlement ended a week of uncertainty. The industry, which has already had its fair share of challenges, certainly didn’t need another problem. While cannabis in the U.S. can’t cross state or federal lines, many …