The Canadian government has unveiled plans to allow Indigenous governments to levy a new tax on alcohol, cannabis, tobacco, fuel and vaping products sold in their communities, which could net them millions of dollars ...
As Germany becomes the first country in mainland Europe to partially legalise adult-use cannabis, investors from outside the continent may want to establish a presence in the European market now and wait for opportunities ...
In this part of a series of articles celebrating the tenth anniversary of Tamarind Intelligence, we look at how the landscape of intoxicating hemp-derived cannabinoids (IHDCs) across Europe has changed over the years ...
The Canadian government has set up a special advisory group to bring industry leaders and government officials around the same table in a bid to address the problems the country’s cannabis industry is facing ...
An expert panel report that could set the stage for changes in coming months in the way cannabis is bought, sold and marketed across Canada is recommending wide-ranging amendments to the country’s cannabis law ...
CBDeelite has today (1st April) been declared a World Heritage Site by the United Nations Educational, Cultural and Scientific Organization (UNESCO), in an effort to preserve some of the CBD era for future generations ...
The cannabis social club model is now being incorporated by multiple European regulators. Born and developed outside a legal framework, it originated as an attempt to regulate cannabis production and consumption ...
Cannabis rather than hemp will see the primary regulatory changes in 2024, CannIntelligence predicts, with moves coming in the US, Thailand, Germany and France, among others ...
US-based 22nd Century will sell its hemp/cannabis subsidiary, GVB Biopharma, to an entity affiliated with current GVB employees and will use the sale proceeds to pay off debt and further deleverage its balance sheet ...
US hemp farmers will be able to continue operating under the 2018 Farm Bill framework until the end of September next year, as stopgap funding was approved and signed into law by president Joe Biden...
Written by Antonia Di Lorenzo | 10th November 2023
A British American Tobacco (BAT) subsidiary is investing a further CAD124.6m (USD90.2m) in its strategic partnership with Canadian licensed cannabis producer Organigram ...
22nd Century reported decreased revenues for the third quarter of 2023 and blamed demand challenges in its hemp/cannabis product distribution business, although this still represents the biggest part of its net revenue ...
Partisan gridlock continues to keep Congress from clarifying the regulatory framework for CBD. Even as the Biden administration moves to reschedule cannabis, Congress punts CBD issues back and forth with the FDA ...
US cannabis rescheduling could eventually lead to companies saving around $2bn a year in federal taxes, a recent cannabis economics report claims, by allowing businesses to deduct their business expenses on their federal tax returns...
Another major Canadian cannabinoid company is leaving the US market amid concerns over the regulatory environment some say the US Food and Drug Administration has caused ...
The US Department of Health and Human Services recommendation to reschedule cannabis to a less restrictive schedule could be the boon that the besieged cannabis industry needs ...
Young US adults are more likely to use cannabis than to vape or smoke cigarettes, says a new Gallup poll, and concerns about cannabis use are not comparable to fears around vaping and smoking ...
Attempts to legalise adult recreational cannabis use continue to stall across Latin America, with Colombia the latest example there of a nation where what looked a promising bid has fallen short ...
Major cannabis firms are streamlining their North American operations and reallocating resources toward markets with what they see as more long-term growth potential ...
Women started entering the cannabis sector right at its beginning, and by 2015 over one third of US executives in cannabis companies were female. In 2017 this figure was down to 26% ...
When it comes to rules for businesses like cannabis consumption lounges, Canadian entrepreneurs face a complicated patchwork quilt of provincial and municipal laws ...
The US Federal Trade Commission and Food and Drug Administration have sent warning letters to six sellers of delta-8 THC edibles whose packaging is very similar to that of popular snacks and sweets for children...
Canopy Growth will stop producing its own cannabis beverages, edibles, vapes and extracts as it continues to look at ways to increase profitability. Using a third-party sourcing model for these products will allow it to...
Canada’s Competition Bureau says federal government policies are making it more difficult for the country’s fledgling legal cannabis industry to compete with the illegal market ...
Legal recreational cannabis sales for adult use are expected to begin next year in Minnesota following agreement on a bill between the state’s House and Senate ...
Hemp production in the US suffered a major decline last year, with the planted area shrinking by 48% against 2021 and the total value of the harvested crop falling by 71% ...
US-based 22nd Century reported record cannabinoid ingredient volumes delivered in the first quarter of 2023 and expects those to increase further throughout the year ...
Twitter has claimed to have made another “major” step forward in cannabis advertising. But again the devil is in the details, which remain vague and contradictory ...
Mexican president Andrés Manuel López Obrador alleged that cannabis permits awarded to companies linked to former president Vicente Fox in 2018 involved influence peddling and corruption ...
California-based e-cigarette manufacturer Ispire Technology has signed a partnership with US cannabis brand Cookies to sell CBD vapes across the United States ...
Producer Rubicon Organics delivered net revenue of CAD35.5m (USD26.1m) for the year ending 31st December 2022, which represents significant net revenue growth of 57% compared to 2021 ...
Avicanna in Toronto reported total fiscal 2022 revenue up 24% from fiscal 2021, while in Pennsylvania, Zynerba Pharmaceuticals reduced its net loss last year by over $2m ...
Verano Holdings reported revenue up 19% to $879m in 2022 from $738m in 2021 and said it will continue to strengthen its business portfolio by focusing on targeted expansion and new product launches ...
Arkansas may have inadvertently banned hemp with the passage of a bill that was intended to prohibit the production and sale of intoxicating hemp-derived cannabinoid products but went much further ...
More than four years after Canada legalised cannabis, many cannabis firms are struggling – as Taylor Giovannini, founder of Newfoundland company Oceanic Releaf, told prime minister Justin Trudeau ...
British American Tobacco (BAT) and cannabis wellness company Charlotte’s Web have formed a joint venture to pursue approval for a new hemp-based drug to target an undisclosed neurological condition ...
Delaware lawmakers are making another bid to legalise recreational cannabis, but legislation passed by both chambers of the state's General Assembly remains unsigned on the governor's desk ...
US cannabis company Medicine Man Technologies, operating as Schwazze, saw an increase in revenue last year, helped by acquisitions, new store openings, entrance into the New Mexico market, and that state's adult-use legalisation taking effect...
International cannabis company IM Cannabis (IMC) reported a significant rise in its revenue for the whole of 2022 as well as the last quarter of the year ...
US cannabis company Columbia Care recorded a positive performance in 2022, despite macroeconomic headwinds that impacted consumers as well as wholesale market pricing ...
A claim by Smoore Technology that 38 cannabis companies infringed the Chinese firm’s patents had very little chance of success with the US International Trade Commission, according to legal experts ...
Biotechnology company 22nd Century Group has announced a new three-year exclusive licence and distribution agreement with the US cannabis company Cookies ...
New markets and new products helped US cannabis operator Ascend Wellness Holdings (AWH) to its best year yet in 2022, the company said when presenting its full year results ...
Cannabinoids have been credited with many benefits to individual health. But now industry stakeholders are wondering if the hemp plant could be applied to an even bigger task – saving the planet ...
US company Cresco Labs has called again for federal reform of cannabis legislation after recording a positive performance last year “despite the headwinds” and the uncertainties of the existing regulatory framework ...
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 ...
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