Schwazze acquires Everest Apothecary for $38 million
Schwazze, a Denver-based cannabis company, has acquired New Mexico cannabis operator Everest Apothecary for $38 million, expanding its footprint in the Southwest. Schwazze, a cannabis company formerly known as Medicine Man Technologies, has acquired New Mexico-based Everest Apothecary in a deal worth $38 million. The acquisition gives Schwazze a foothold in the New Mexico market, […]
CBD Brand Naturecan Acquires Oregon Production Facility
CBD brand Naturecan has acquired a production facility in Oregon, USA to increase its capacity and meet growing demand for its products. The acquisition will also allow the company to expand its product offerings and improve its supply chain. UK-based CBD brand Naturecan has acquired an industrial hemp processing facility in Oregon from hemp genetics […]
Anti-Cannabis Tucker Carlson out at FOX News
On the day of his ouster, a look back at the anti-cannabis pundit’s greatest lies and misinformation about the plant and its benefits. Tucker Carlson has been known for his vocal criticism of cannabis and hemp for years. However, as of today, Tucker Carlson has been fired by Fox News, following the aftermath of Dominion’s […]
California Cannabis Company Cookies Facing Lawsuits Alleging Kickbacks and Personal Enrichment
A look at the recent legal challenges facing California-based cannabis company Cookies, including allegations of kickbacks and personal enrichment among its executives. California-based cannabis company Cookies is currently facing a legal battle, with multiple lawsuits alleging kickbacks and personal enrichment among its executives. The lawsuits were filed by a former employee and an investor in […]
Skymint CEO Jeff Radway Steps Down: What’s Next for Michigan’s Top Cannabis Company?
Michigan’s cannabis industry is experiencing a major shakeup, with the announcement that Jeff Radway, CEO of Skymint, will be stepping down from his position. The news has been met with surprise and speculation about the future of one of the state’s most successful cannabis companies. Radway, who co-founded Skymint in 2018, has been a driving […]
SpaceX’s Starship Rocket to Launch on 4/20 | Elon Musk’s Latest Move
Tech entrepreneur and billionaire Elon Musk has once again made headlines, announcing that SpaceX’s Starship rocket will launch on April 20th, also known as 4/20, a date closely associated with cannabis culture. The announcement has generated a great deal of buzz on social media and in the news, with many wondering what the implications of […]
Sundial Growers Inc. (SNDL) Loses CA$372.4 Million in 2022
Calgary-based cannabis and alcohol company, Sundial Growers Inc. (SNDL), faced significant challenges in the industry last year. This according to the company’s recent financial reports, which show that SNDL lost CA$372.4 million in 2022, representing a substantial decrease in revenue compared to the previous year. SNDL has encountered a range of obstacles in recent years, […]
Legal Cannabis Industry in US Expected to Create Over 500k Jobs by 2022
The legal cannabis industry in the United States is expected to create over 500,000 new jobs by 2022, according to a new report from New Frontier Data. The report, titled “Cannabis in the U.S. Economy: Jobs, Growth & Tax Revenue,” highlights the economic impact of legal cannabis on job creation, tax revenue, and economic growth. […]
Bringing Cannabis Reform to the Republican House: Don Murphy’s Fight for Change
Don Murphy, director of federal policies at the Marijuana Policy Project, is a man on a mission. His goal is to bring cannabis reform to the Republican-controlled House of Representatives. In a recent interview with Leafly, Murphy expressed his optimism for the future of cannabis legislation. Murphy believes that there is a good chance for […]
Trulieve Legal Settlement Addresses Allegations of Racial Bias in Cannabis Industry
As the cannabis industry continues to grow, so does the scrutiny over the industry’s practices and policies. One recent development that has garnered significant attention from advocates and industry insiders is the legal settlement reached by Trulieve, a prominent cannabis company in Florida, regarding allegations of racial bias in their application process for medical marijuana […]
Washington State Bill to Legalize Psilocybin Mushrooms Awaits Governor Approval
A new bill legalizing the therapeutic use of psilocybin mushrooms has been passed by the Washington State legislature and is now awaiting Governor Jay Inslee’s approval. If signed into law, Washington would become the second state, following Oregon, to legalize the therapeutic use of psilocybin. The bill is set to allow licensed professionals, such as […]
Republican Lawmakers Introduce New Marijuana Bills, Signal Shift in Cannabis Policy
Republican lawmakers in the US House of Representatives are introducing several new bills related to marijuana, signaling a potential shift in the party’s stance on cannabis policy. The bills, which focus on issues such as gun ownership and veterans’ access to medical marijuana, could have far-reaching implications for the cannabis industry and its supporters. One […]