California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve non-cannabis-infused food and drinks to patrons consuming cannabis on site. Under existing law, cannabis retailers with consumption areas were able to sell prepackaged foods and beverages; this law …
HYTN Innovations Inc. (CSE: HYTN) acquired Prism Scientific Labs Inc. for approximately $242,000 in an all-stock deal. The Vancouver-based firm bought all outstanding shares of Prism Scientific Labs on July 16 in exchange for 12.1 million HYTN shares, according to a business acquisition report filed by the company. The also …
The once-marginalized cannabis industry is now a flourishing market with tremendous growth potential. As legalization spreads across various regions, the sector faces increasing demand, evolving regulations and operational complexities. To maintain efficiency and innovation in this rapidly changing space, cannabis companies are turning to cutting-edge technologies like artificial intelligence. One …
The U.S. cannabis industry is poised for some historic gains with the upcoming presidential election, but that hasn’t translated into investor confidence or a leg up with capital raises, Jason Vedadi, the CEO of Arizona-based multistate operator Story Cannabis, told Green Market Report. Vedadi began the conversation by noting how …