MESQUITE, Nevada — Deep Roots Harvest, Nevada’s fastest-growing cannabis company, announced it has hired experienced retail executive Pedro Fonseca to lead its retail efforts as Senior Director of Retail Operations. In this new role, Fonseca will lead all aspects of Deep Roots Harvest’s retail operations, including managing all retail business strategies, product mix and selection, and vendor relationships. Fonseca will...

SAN DIEGO, Calif. – FundCanna, a financial services provider for the cannabis industry, has reached a milestone of sponsoring 100 members to the National Cannabis Industry Association (NCIA). This milestone marks a significant achievement in FundCanna’s ongoing commitment to support the cannabis industry and the initiatives that are crucial to its growth and sustainability. Since partnering with NCIA, FundCanna has sponsored 100 memberships worth...

NEW YORK -- HealthXWire has honored R&R Medicinals, a provider of CBD products, with the Best New Product of 2024 for Topical Pain Relief award. This recognition highlights R&R Medicinals' contributions and innovations in the industry, responding to the increasing demand for high-quality CBD products for safe and organic pain management. The US topical pain relief market was valued at $2,829.92...

TORONTO - MediPharm Labs Corp., a pharmaceutical company specialized in precision-based cannabinoids, has entered into a licencing agreement with Remidose Aerosols Inc. to acquire the exclusive rights for advanced cannabis products. The Agreement allows for an immediate revenue opportunity as current Remidose customers will be serviced through MediPharm starting August 2024. These existing customers include Canadian direct-to-patient medical platforms and international...

EDMONTON, AB - Aurora Cannabis Inc., a leading Canada-based global medical cannabis company, announced its financial and operational results for the fourth quarter and fiscal year 2024. As the fiscal year 2023 consisted of three quarters, the year-over-year comparison quarter for Q4 2024 ending March 31, 2024 is Q3 2023 ending March 31, 2023. "We are incredibly pleased to be reporting...

HARRISBURG, Pa. – Adult-use cannabis sales in Pennsylvania are projected to generate $1.7 billion to $2.8 billion dollars while adding up to 45,000 jobs within the first year of legalization, according to a new report from Responsible PA and FTI Consulting. Under a conservative estimate — or what’s described by analysts as the base case — recreational cannabis legalization...

WASHINGTON – A group that seeks to “protect the public from marijuana commercialization” has asked the Department of Justice and the Drug Enforcement Administration (DEA) to add thirty more days to the public comment period currently underway as a prelude to potential rescheduling. In a comment submitted on its behalf by a law firm founded by former U.S. Attorney General...

The essence of cannabis branding is not complicated. At its most basic, a company’s or product line’s brand consists of a name, visual identity (logo and packaging), messaging tone, unique selling proposition, and the story of how it came to be and where it intends to go. Combining all those elements, along with product quality, allows brands to differentiate...

NEW YORK – Share prices for Cannabist Co. Holdings Inc. rose 5.6 percent Monday after the company announced its intention to exit the Florida market. The significant corporate restructuring is part of a plan to save $10 million annually and shift the organization’s focus to stronger markets.   “Florida clearly was not an ideal market for us,” said David Hart, chief...

ROCKVILLE, Md. – The global industrial hemp market is projected to grow from its current valuation of $6.6 billion to $25.7 billion by 2034, largely driven by sustainable innovation, according to a new market report by research and consulting firm Fact.MR. Under this projection, industrial hemp sales are expected to increase at a compound annual growth rate (CAGR) of...