Cannabis prices across the U.S. vary greatly depending on the state. Oregon, for example, features the cheapest over-the-counter legal marijuana for customers to purchase, at an average price of just $199, according to a new report compiled by California-based Pacific Stone. The Pacific Stone team found, based on 383,000 “user-submitted …
Tag: Investing
Glass House Brands weighs hemp entrance
One of the biggest names in California marijuana cultivation, Glass House Brands Inc. (CBOE CA: GLAS.A.U) (OTCQX: GLASF), is actively considering getting into the hemp sector, company leadership revealed during its second quarter earnings call last Tuesday. The temptation is understandable: Glass House has several sizable greenhouses that aren’t being …
Lifeist Wellness acquires vape technology in all-stock deal
Just last month, Toronto-based Lifeist Wellness Inc. (TSXV: LFST) (OTCMKTS: LFSWF) announced a formal exit from the cannabis business last month in favor of the nutraceutical trade. But the company has apparently now changed direction once more with the acquisition of vaporizer technology, which will position it to capitalize on …
Colorado finalizes business rules for psychedelics industry
The Colorado state government put the finishing touches on a new set of industry rules for entrepreneurs wishing to take part in the psychedelic trade of “magic” mushrooms, including for potential growers, product manufacturers and therapy centers. The move is the culmination of nearly two years of work and waiting …