Cannabis industry players are cranking up accusations that the Drug Enforcement Administration has engaged in improper behind-the-scenes communications and demonstrated deep-seated bias in its handling of marijuana rescheduling proceedings. Village Farms International (NASDAQ: VFF) and advocacy group Hemp for Victory filed a motion Monday with the DEA’s administrative law court …
Tag: Investing
Canopy USA taps cannabis industry veteran as president
Canopy USA has chosen longtime cannabis industry veteran Brooks Jorgensen, a former Kiva executive and liquor industry insider, to run the venture as its president. The United States wing of Canada-based Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC), Canopy USA owns a small portfolio of marijuana brands already, including edibles …
Hemp kicks off 2025 with lawmakers and courtrooms across the country
The battle over legal hemp is continuing across the country as the conflict over intoxicating products heats up between legislators and hemp companies. Lawmakers are concerned that unregulated products are sold with mostly no age restrictions allowing minors to buy products with advertised THC levels. States have been attempting to… …
Energroup Holdings to acquire California operator Cocannco
Energroup Holdings Corp. (OTC: ENHD) will enter California’s regulated cannabis industry through its planned acquisition of portfolio company Cocannco. Cocannco is simultaneously working to acquire Clearly California Products, a cannabis manufacturer that launched in 2022, the companies announced Friday. The deals would give Energroup an immediate foothold in California through …