Molson Coors CBD-beverage partner Hexo closes CA$57.5 million offering

Published January 30, 2019 Hexo Corp., a licensed producer of cannabis based in Quebec, Canada, raised 57.6 million Canadian dollars ($43.7 million) Wednesday when it closed its offering of common shares. The company said in a news release it will use the proceeds for global expansion and research and development. The Quebec cultivator, which trades as Hexo […]

Medical Marijuana Now on Sale in North Dakota as Fargo Dispensary Opens

FARGO, N.D.  — North Dakota’s first medical marijuana dispensary opened for business March 1, 2019,  in a Fargo mini-mall, and several of the dozen or so people who showed up in the first hour said they’re relieved they can finally get the drug. It took the state more than two years to build up a […]

Arkansas OKs second medical cannabis grower as market launch nears

Published March 13, 2019 (This story has been updated to correct the amount of marijuana that dispensaries will be allowed to sell each patient.) Arkansas regulators approved a second cultivation facility and said they expect to start final inspections of dispensaries by early April as the launch of the state’s medical marijuana program nears. “We […]

California regulators clarify some rules around THC limits in edibles

California’s infused product makers and testing labs are breathing a sigh of relief now that state regulators have sought to clarify rules governing THC potency for edibles and beverages, a move that is expected to result in fewer products failing lab tests. The brouhaha arose after California’s permanent cannabis regulations took effect last month. Two of the three […]

DC Dispensary Blazes Trail for Race, Gender Equity in Cannabis Industry

Linda Mercado Greene turned the abstract ideal of social and gender equity into political action when she used collaboration, business savvy, and a passion for social justice to open Anacostia Organics, her pioneering marijuana dispensary in the United States capital. When Anacostia Organics held its grand opening on Jan. 24, 2019, the event made national […]

Alaska’s lieutenant governor approves marijuana onsite consumption rules

Published March 13, 2019 (This story has been updated with a statement from NORML.) Alaska’s lieutenant governor signed into law rules to allow on-site consumption of marijuana at some licensed retailers, becoming the first state to legalize social cannabis consumption. The move to approve an on-site consumption program could generate up to $2.4 million in new revenue […]

Las Vegas Soccer Club is Pioneering Cannabis Sponsorships for Pro Sports

A pro soccer team is embracing cannabis culture — and drawing a line in the sand. All hesitation has gone out the window, at least in Las Vegas. The Las Vegas Lights, one of 36 teams in the United Soccer League’s USL Championship, is welcoming Two Roots Brewing Co. as its exclusive craft beer sponsor […]

Florida lawmakers vote to end ban on smokable medical cannabis products

Published March 13, 2019 Florida is on the verge of eliminating its ban on smokable medical marijuana, a move that is expected to provide a significant boost in sales for the already booming $250 million-a-year market. The Florida House on Wednesday overwhelmingly approved a bill to repeal the ban by a vote of 101-11. The […]

Chart: Farmer and rancher perceptions of cannabis reflect nationwide acceptance

As cannabis becomes more mainstream, there’s increasing acceptance of growing and using the plant – even among conventional farmers and ranchers. In a recent Farm Journal survey, respondents said they were more comfortable with CBD and medical applications of cannabis than THC and recreational applications. Survey respondents also were more agreeable to growing than consuming […]