Arizona-based cannabis company Vext Science blamed rising inflation putting pressure on consumer spending for a slight drop in its revenue last year ...
Charlotte’s Web managed to reduce its losses last year, despite “a challenging sales environment” caused by regulatory inaction, which has created uncertainty throughout the US cannabis and CBD industry ...
CannIntelligence held a private event for industry stakeholders on 10th March 2023 to present market and regulatory data and to open discussion on pressing issues in the sector ...
A hemp industry under threat, a recreational cannabis market in limbo, and an uncertain political climate have left the future of cannabis in Virginia unclear and many grappling with the fallout of recent legal activity...
US cannabis operator Ayr Wellness saw good numbers last year helped by cost-saving measures, stepping back from markets that did not align with its business goals, and investing in other different markets ...
HHC is the most popular intoxicating hemp-derived cannabinoid (IHDC) in Europe, while delta-8 THC remains top in the US, according to CannIntelligence analysts ...
US-based 22nd Century’s cannabinoid division saw 19% quarterly revenue growth in the fourth quarter of 2022 despite a November fire disrupting operations at a California facility ...
Canadian cannabis producer Cronos Group saw overall reduced losses for the year, with results helped by sales growth in Canada and Israel but hindered by lower sales in the US ...
“The lack of progress regarding cannabis regulation from our elected officials in Congress is mind-numbing,” Green Thumb founder, chairman and CEO Ben Kovler said when reporting the company’s results for 2022 ...
US cannabis company Unrivaled Brands recorded a positive performance in 2022 and plans to expand its cannabis retail footprint across its home state of California ...
The US Drug Enforcement Administration (DEA) has clarified its position on two synthetic hemp derivatives, confirming that it considers delta-8 THCO and delta-9 THCO illegal ...
Twitter’s recently announced “change” in the social media platform’s policy to allow cannabis advertisements in the US is full of sound but signifies nothing ...
Cannabis companies are looking to get Google certification as part of the tech giant’s update on the use of Google Ads for CBD products in parts of the US ...
Deference to law enforcement and a history pitted in racism are among the reasons behind South Carolina’s resistance towards legalising medical cannabis, according to activists in the state ...
US cannabis firm Curaleaf has denied having any secret financial ties to the Russian billionaire Roman Abramovich, who has been sanctioned in the UK and EU since the outbreak of the war in Ukraine ...
British CBD and hemp brand Voyager has facilitated easier access to the EU market by acquiring a CBD extraction and manufacturing facility in Poland for £1.5m (€1.69m) ...
The European Food Safety Authority denies it is waiting research results on the safety of CBD by the US Food and Drug Administration before it lets validated candidates complete the novel food application process ...
US company 22nd Century Group has acquired privately held UK cannabinoid distributor RX Pharmatech for an up-front payment of $650,000 in cash and stock ...
The US Food and Drug Administration (FDA) has rejected a regulatory pathway that would allow CBD products to be treated as food additives or dietary supplements ...
Government and industry representatives from around the world met in Geneva last week to hear about the “significant economic opportunities” offered by industrial hemp and the need for greater clarity on its legal status ...
Licensed medical cannabis patients in the US state of Georgia can legally possess oils with less than 5% THC, but they can’t legally buy it due to legislative delays and a series of legal appeals...
Legislation to create a medical cannabis programme in the US state of Kansas appeared to be on the verge of success many times – but it died again as the 2022 session drew to a...
Young adults in the US are giving up on cigarettes and alcohol as their consumption of cannabis outgrows that of tobacco and may be behind a dip in alcohol sales in some states ...
The FDA has made clear for years that CBD in food is illegal in the US, as it violates the Federal Food, Drug, and Cosmetic (FD&C) Act. What’s different this...
This past year has seen a curious crossing of paths in the world of cannabis and cannabinoids, with concerns around CBD increasing even as many countries make moves towards the legalisation of cannabis ...
The use of illicit substances, including cannabis, by US teenagers has plateaued in 2022 after a significant decline in 2021, a national survey found ...
A 2021 acquisition deal between two cannabis companies over a lucrative shopfront in Orange County, California, has resulted in both companies filing legal claims against each other ...
The former CEO of a firm that claimed to have manufactured CBD-infused drinks is accused by the US Securities and Exchange Commission (SEC) of making fraudulent and false claims about the company ...
US cannabis firms have been striking deals to acquire new brands, diversify their offerings and boost production capacity. Recent movers include California’s High Times and Bloomios, while two Oregon firms have teamed up ...
A measure to allow the use of psychedelics in Colorado is a major step – but supporters worry it could lead to the sort of bad experience that would set back the progress of legalisation...
The Medical Marijuana and Cannabidiol Research Expansion Act, aimed at increasing research into the medical benefits of cannabis, has been signed into law by US president Joe Biden ...
One of Canada’s largest cannabis companies has announced plans to restructure in a bid to achieve profitability and set the stage for expansion into the US market ...
Ontario-based cannabis firm Canopy Growth has created a US-domiciled holding company to fast-track its expansion into “the world’s fastest-growing cannabis market” ...
British American Tobacco (BAT) has invested nearly $57m in Charlotte’s Web, as the Colorado, US-based CBD maker keeps broadening the spectrum of its partnerships ...
US rapper, record producer and entrepreneur Sean Combs – a.k.a. Puff Daddy, P Diddy, Diddy, or Puffy – has bought cannabis businesses in three US states in a deal valued at up to $185m ...
Tilray Brands continues to show signs of confidence in the future of cannabis-infused drinks by adding more beverage firms to its portfolio and building a distribution network ...
It was a small setback for US pro-legalisation supporters, with only two of five state-level recreational cannabis measures on November midterm ballots being passed ...
Major US alcohol distributor Southern Glazer’s Wine and Spirits is signing increasing numbers of distribution deals to add CBD products to its portfolio ...
The predicted Red Wave never arrived – but how have the prospects for cannabis-related federal legislation in the US been changed by the midterm elections? US correspondent James DeLise considers the new balance of power...
Nebraska is one of only 12 US states still holding out against medical cannabis – and advocates believe they were deliberately blocked from getting the issue put to the public ballot despite wide popular support...
In an exclusive partnership with Charlotte’s Web, Major League Baseball (MLB) has become the first of the major US sports leagues to sign a deal with a cannabinoid company ...
The US Food and Drug Administration (FDA) recently appointed Norman Birenbaum to a top post as a senior public health adviser in the FDA’s Center for Regulatory Programs, signalling a seismic shift at the agency...
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