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The Business of Cannabis by ExtrovertingFeb 13, 20252:52 PMFebruary 14, 2025
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cbdMD posts first-quarter profit despite lower sales

Charlotte-based cbdMD Inc. (NYSE: YCBD) this week reported net income of $15,095 for its first quarter of fiscal 2025, which ended Dec. 31, up a significant year-over-year improvement from its loss of almost $1 million for the first quarter in fiscal 2024 and its $1.2 million loss in the fourth… …

The Business of Cannabis by ExtrovertingFeb 13, 20252:27 PMFebruary 14, 2025
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Report: Most hemp products in California contaminated, unlawfully potent

A new study funded by a small cadre of marijuana businesses in California found that intoxicating hemp products proliferating across the state are not technically “hemp” at all, based on the strict federal definition of hemp as cannabis with 0.3% delta-9 THC by dry weight. The findings indicated that a …

MI by ExtrovertingFeb 13, 20251:59 PMFebruary 14, 2025

WXYZ Editorial: The winter Detroit Auto Show drives successful numbers

The numbers are in, and they paint a nice picture for Southeast Michigan. After a short hiatus, the re-energized Detroit Auto Show returned to January with big results. The 11-day automotive celebration drew 275-thousand attendees. […]

The Business of Cannabis by ExtrovertingFeb 13, 20251:26 PMFebruary 15, 2025
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RFK Jr. confirmation puts potential cannabis ally in Trump cabinet

The unorthodox choice of Robert F. Kennedy Jr. by President Donald Trump to lead the U.S. Department of Health and Human Services was finalized on Thursday, when the full Senate voted 52-48 to confirm him, installing a potential major ally of cannabis legalization in the president’s inner circle. While stakeholders …

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