KEMPTVILLE, Ont. – Cannabis Orchards Inc. is excited to announce the receipt of two prestigious grants, totaling $600,305, from the AgriScience Program by the Minister of Agriculture and Agri-Food and the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). These significant funds will support Cannabis Orchards’ innovative projects aimed at the genetic improvement of industrial hemp and the advancement of minor cannabinoid research. The...

LOUISVILLE, Colo. - Charlotte's Web Holdings, Inc., a market leader in full-spectrum hemp extract wellness products, reported financial results for the second quarter ended June 30, 2024. "Our strategic turnaround initiatives and innovations are yielding promising results towards a return to growth, despite lower revenue," said Bill Morachnick, Chief Executive Officer of Charlotte's Web. "During the second quarter, we successfully migrated to...

MOBILE, Ala. -- Sure Med Compliance, a digital healthcare company dedicated to improving outcomes for patients, providers, and the life sciences companies equipping them to responsibly treat pain, and Corganics, a life sciences company providing clinical CBD products to healthcare professionals, announced today a partnership to increase patient access to Corganics product line of non-opioid therapeutics. Perspectives in Care (PIC) by Sure...

NEW YORK -- WYNK, the award-winning THC seltzer, is thrilled to announce its exciting partnership with Mixmag, a leading dance music and club culture editorial brand. This partnership highlights WYNK's commitment to fostering social connection by offering new-age adult beverages that enable enjoyable social experiences without the negative effects of alcohol. Angus Rittenburg, CEO of WYNK explains, "Through the partnership with...

NEW YORK – In what the company characterized as a bid to strengthen its craft beer presence in the United States, Canadian cannabis company Tilray Brands will acquire four breweries from Chicago-based Molson Coors Beverage Company. Financial details of the transaction, which is expected to close by the end of August, were not disclosed. Tilray expects the acquisition to add...

Today’s cannabis brands are looking for meaningful ways to engage with a generally younger, more tech-savvy, and more sustainability-conscious demographic. This audience evolution goes hand in hand with the continued destigmatization of the plant. With less public backlash against legal marketing and advertising efforts, operators are enjoying a bit more freedom in avenues they can use to reach cannabis...

Selecting the right lighting for cannabis cultivation is a critical decision that can significantly influence the quality, yield, and profitability of an indoor grow operation. Whether managing a large-scale commercial facility or a small home setup, the type of grow lights selected will directly impact not only the plants’ growth but also the sustainability and cost-effectiveness of the entire...

For the past three to four years, the cannabis industry has experienced an unprecedented and steadily declining access to capital, resulting in slower-than-expected growth in new markets and a significant number of companies closing. The prevailing theory, time-tested and applicable to most any other industry, is the only way to survive in a competitive, capital-starved market is to become...

WASHINGTON – Vice President and presumptive Democratic presidential nominee Kamala Harris named Minnesota Governor Tim Walz as her vice-presidential pick for the 2024 election. The move carries significant implications for the cannabis industry. Walz, known for his progressive stance on cannabis reform, has been a vocal advocate for legalization and regulation, which could signal a federal push for reform...

JEFFERSON CITY, Mo. – The Missouri Division of Cannabis Regulation (DCR) recalled about 6,000 cannabis products from two licensed producers due to failure to comply with the state’s mandated testing and track-and-trace requirements. On August 6, the state recalled more than 2,600 Twenty Twenty flower, ground flower, and pre-roll products. Two days later, the state recalled more than 3,000...