Willow Industries Joins Cannabis Research Coalition
DENVER -- Willow Industries, a leader in cannabis decontamination technology and microbial control services, has partnered with the Cannabis Research Coalition (CRC). The collaboration is aimed to support the CRC's initiatives to further advance the exploration of the cannabis plant and create a sustainable, efficient, and successful industry.
Collaborating with academia and industry stakeholders through a cooperative research model, the CRC works in partnership with...
Surge in California Cannabis Product Recalls Amid Increased Inspections
RANCHO CORDOVA, Calif. — California regulators have escalated cannabis product recalls and issued more health warnings to consumers. Within the past month, the Department of Cannabis Control (DCC) initiated six recalls, and the California Department of Public Health (CDPH) issued a consumer warning about specific hemp-infused beverages.
Significant increase in recalls
So far in 2024, there have been at least 23...
DEA Rescheduling Paves Way for Cannabis Processors in Pharma and Biotech
MIAMI -- The impending DEA rescheduling of marijuana to a Schedule III controlled substance presents a momentous opportunity for state-licensed cannabis processing businesses to diversify revenue streams, exponentially increase profits, and expand their geographic reach worldwide.
Cannabis processing labs extract and purify oil from the cannabis plant to produce consumable goods containing THC, CBD, and a variety of other cannabinoids....
Trulieve Acquires Ohio Assets in Litigation Settlement
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp., a leading cannabis company in the U.S., reached an agreement resolving active litigation.
In accordance with the settlement, Trulieve will acquire Harvest of Ohio, LLC, which will hold licenses for medical cannabis dispensaries in Columbus and Beavercreek. The Harvest of OH medical cannabis dispensary in Athens will be transferred to Ariane Kirkpatrick and will be rebranded...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2024 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation, a world-leading cannabis company dedicated to unleashing the power of cannabis, today announced its financial results for the fourth quarter and fiscal year ended March 31, 2024 and the filing of an annual report on Form 10-K, including the audited consolidated financial statements for the fiscal year ended March 31, 2024 and the...
Cannabis Industry Labor Organizing Campaigns in New Jersey Now Taking Hold in the Ancillary Industry
WEST BERLIN, N.J. -- When moodmats employee Matthew Geroni decided to meet with United Food and Commercial Workers Local 360 (Local 360), he imagined that unionizing would be a daunting, time-consuming process. Now, reflecting on moodmats’ recent successful vote in favor of unionizing, he’s happy to admit he was wrong. Matthew credits the transparency and openness that Local 360...
RYTHM Brings Back The Miracle in Mundelein Two-Day Festival with Legal On-site Cannabis Consumption
CHICAGO and VANCOUVER, British Columbia -- Green Thumb Industries Inc., a national cannabis company and owner of RISE Dispensaries and RYTHM Premium Cannabis, today announced the return of The Miracle in Mundelein, a two-day immersive event that merges the worlds of cannabis and music. Presented by RYTHM Premium Cannabis, RISE Dispensaries, Dayglo and Deep Cut, the second annual outdoor festival with legal on-site cannabis consumption will take place...
CANNABIS COMPANIES HARVEST OF OH, TRULIEVE REACH SETTLEMENT
CLEVELAND -- The vertically-integrated Harvest of OH operation and Trulieve Cannabis Corp. have reached an agreement resolving the active litigation between the companies. The parties have agreed upon an amicable separation that will allow each to continue growing in the ever-changing Ohio market, as adult-use is on the horizon.
In accordance with the settlement, Trulieve will acquire Harvest of Ohio LLC, which...
Can NJ’s Cannabis Market Overtake New York? Find Out at Benzinga Cannabis Market Spotlight Event
NEW BRUNSWICK, N.J. -- Benzinga, America's fastest-growing financial news site, is excited to announce its next Cannabis Market Spotlight event and Canna Founders Pitch Competition, set to take place at the New Brunswick Performing Arts Center in New Jersey on June 17, 2024. Following a sold-out spotlight event in California in February and a 2,000-person Cannabis Capital Conference in Florida...
The Financial Impact of Cannabis Rescheduling
Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled Substances Act (CSA), the industry has anticipated concurrence from the Drug Enforcement Administration, where scheduling authority resides. In mid-May, confirmation arrived in the form of an announcement from the Department of Justice, of which the...