LATEST ARTICLES

Update: Cannabis Event Changes and Cancellations Due to Coronavirus

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As the Coronavirus (COVID-19) outbreak continues to spread across the globe, there have been over 118,000 cases and more than 4,000 deaths attributed to the virus. Of the nearly 1,000 confirmed cases in the United States, thirty have thus far been fatal. In response to the pandemic, many governments and companies have been closing tourist attractions and cancelling events...

Social Media Marketing: How Cannabis Companies Reach the Masses

div.td-post-featured-image {display: none !important} The late, great screenwriter and novelist William Goldman famously quipped, “Nobody knows anything... Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” Much the same is true with social media marketing: Nobody knows anything, and...

5 Tips for B2B Social Media Success

Tips for B2B Social Media Success
Social media marketing is a must for most companies, regardless of how many hurdles the technology may bring. Many people have spoken about the challenges cannabis brands face in reaching consumers through social media, but these discussions often overlook the business-to-business (B2B) side of marketing. When executed correctly, social media can be a powerful tool for helping B2B brands...

CV SCIENCES INC. ACQUIRES ELEVATED SOFTGELS

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SAN DIEGO -- CV Sciences, Inc., a consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, consummated its purchase of Elevated Softgels, LLC, a leading manufacturer of encapsulated softgels and tinctures for the supplement and nutrition industry.  Elevated Softgels has operational flexibility allowing low to large minimum order quantity ("MOQ") production runs, allowing for efficient...

Class Action Filed Against Quebec’s Government-Owned Cannabis Seller

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QUÉBEC - Groupe SGF (Legal Advisors and Cannabis Consultants) announces the launch of a class action in court on behalf of Mr. Gabriel Bélanger against the Société Québécoise du Cannabis (SQDC). The class action application alleges that the SQDC does not comply with the Consumer Protection Act (CPA). The SQDC on the sidelines of the Consumer Protection Act The plaintiff in...

Reform: Our Industry’s Great Divide

the impact of cannabis rescheduling
When Joseph R. Biden delivered the State of the Union address in March, he became the first United States president to use the word “marijuana” in the constitutionally mandated annual address since Ronald Reagan, and the first ever to suggest a need to rethink federal cannabis policy. Reagan referenced the plant in his 1988 remarks when touting the success of...

PBC Releases 2024 Cannabis Banking Directory to Connect Industry Professionals

Bank building downtown business access cannabis industry
WASHINGTON – Organizers behind the B2B conference for cannabis industry payments, banking, and compliance (PBC) released a new banking directory this week. The comprehensive guide lists banks and credit unions that offer services to the cannabis sector. The release of the cannabis banking directory aligns with PBC's goal of enhancing the infrastructure around cannabis banking and compliance. The organization hopes...

Timeless Vapes Reignites Brain Cancer Awareness Campaign

Timeless Shred for the cure cancer
SCOTTSDALE, Ariz. – In support of the second Shred for the Cure campaign, Timeless Vapes has announced a partnership with cancer survivor, skateboarder, and cannabis advocate, DJ Stewart. The latest initiative aims to boost awareness and funding for the Head for the Cure Foundation, an organization dedicated to combating brain cancer. Stewart also collaborated with Timeless and local artist John...

Cheech & Chong Launch New Mobile Video Game 

Cheech & Chong
VANCOUVER, Canada – The iconic comedy duo with a cannabis licensing empire launched a new mobile video game this week, adding to the brand’s expanding lineup of product launches for 2024 with new consumer goods, infused beverages, and dispensaries.  The release of Cheech & Chong's Kush Kingdom marks the second collaboration between the cannabis industry veterans and East Side Games...

The Critical Role of Water Activity

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When it comes to post-harvest management, the difference between water activity and moisture content might appear to be a trivial matter. But this seemingly subtle difference can have significant implications for growers, impacting everything from product quality to profitability. Current post-harvest techniques mainly rely on moisture content alone—and that’s a mistake. Understanding water activity is crucial for maximizing yield,...

LEEF Brands Restructures Debt, Enters Equity Settlement

VANCOUVER, BC - In a strategic financial restructuring, LEEF Brands, Inc., a vertical cannabis operator, has agreed to settle for equity a portion of its outstanding 11% convertible debentures due 2024 into units of the Company and has extended the maturity on the remaining balance of its outstanding convertible debentures until 2027, marking a pivotal step in the financial restructuring and growth strategy...

AWH ANNOUNCES Q1 2024 FINANCIAL RESULTS

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NEW YORK - Ascend Wellness Holdings, Inc. (AWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, reported its financial results for the three months ended March 31, 2024 ("Q1 2024"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars. Q1 2024 Financial Highlights Gross revenue increased 23.4% year-over-year and...