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Read MoreUnited States Cannabis Industry & Marijuana Business News
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Vaping health scare takes toll on cannabis vape firms’ stock prices, but many see longer term opportunity beyond crisis
State-legal cannabis vape products and the companies selling or distributing them may not be the principal cause of the recent outbreak of respiratory illnesses in the United States, but those firms are feeling the effects nonetheless.
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San Diego preparing to restrict cannabis billboards
San Diego is expected to crack down by year’s end on billboards advertising marijuana, a move supported by much of the cannabis industry. The proposed rule would ban cannabis billboard ads within 1,000 feet of schools, public parks, playgrounds, day care centers or youth centers, the San Diego Union-Tribune reported. The restrictions would apply to […]
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Group sues Massachusetts over marijuana vaping, e-cigarette ban
A national vaping industry trade organization is asking a federal court to end the vaping ban in Massachusetts, which is intended to halt sales of cannabis vape products as well as e-cigarettes for at least four months. The Vapor Technology Association, which focuses on nicotine-containing vapor products, filed the lawsuit asking a judge to put a […]
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Tilt Holdings founders to forfeit stock options with cannabis firm
Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit their stock options. The company said approximately 60 million options were forfeited. The options were associated with more than $47 million of expenses during the second quarter of Tilt’s fiscal 2019. Tilt reported a net loss of […]
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Pennsylvania lawmakers pitch adult-use marijuana bill with state-run stores
A Pennsylvania state lawmaker introduced a recreational cannabis legalization bill that calls for retail stores to be operated by the state Liquor Control Board, a move that would limit private business opportunities. The proposed law, introduced by Democratic Rep. David Delloso, comes just days after Gov. Tom Wolf said he supports legalizing recreational marijuana. The governor’s […]
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Defying early expectations, wholesale cannabis flower market remains unaffected as vaping health crisis continues
The outbreak of the vaping health crisis fanned speculation that marijuana consumers would forego vape products and shift to other merchandise such as flower and pre-rolls. But wholesale cannabis flower producers aren’t reporting a dramatic impact on pricing in the wake of the vaping crisis. And marijuana retailers are reporting a mixed bag regarding the impact […]
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iAnthus CEO offers business update, urges purchase of ‘undervalued’ cannabis stock
Monday was a busy day for iAnthus (OTC: ITHUF), with CEO Hadley Ford addressing several topics important to investors, such as the recent cannabis stock sell off, his company’s build-out plan and a strict focus on cost controls.
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Poll suggests Californians want more adult-use marijuana stores
Recreational cannabis retailers could open far more stores in California if municipalities respond favorably to a poll that shows the majority of state residents welcome the legalization of adult-use MJ sales. The UC Berkeley Institute of Government Studies’ poll conducted for the Los Angeles Times found that 68% of Californians say the legalized sale of […]
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With the rise of adult use cannabis, experts see medical marijuana dominated by two distinct markets.Read the Issue