Category:

Cannabis

Dan Bilzerian’s Cannabis Business Ignite Burnt Through $50 Million USD in 2019

Dan Bilzerian‘s cannabis company Ignite has just filed its financial report with the Canadian Stock Exchange, and things aren’t looking good for it: in 2019 alone, it suffered...

The Cost Of Cash For Unbanked Cannabis Businesses

Cannabis is legal in a majority of states but remains illegal at the federal level. This legislative divide creates uncertainties that dissuade most federally...

Curaleaf Completes Acquisition of Grassroots’ License in Arizona

Curaleaf Holdings, Inc., a vertically integrated cannabis operator in the U.S., today announced that Curaleaf has completed the acquisition from Grassroots of exclusive rights...

Israel Passes Germany As World’s Largest Importer Of Medical Cannabis Flower

As of July, Israeli imports surpassed 6 metric tons, Oren Lebovitch, editor of Israeli Cannabis Magazine, told MJBizDaily. He gathered the import numbers from companies’ public...

Multiple States Continue To Post Record-breaking Cannabis Sales Numbers

In Illinois, the state’s cannabis stores sold $47.6 million worth of marijuana in June, another record for the nascent recreational cannabis market, according to...

Florida Supreme Court Orders Second Round of Arguments in Medical Cannabis Case

The Florida Supreme Court ordered a second round of arguments July 14 in a case over whether the state properly implemented a 2016 constitutional...

Cannabis Canada: Second Cup Owner Begins Coffee Shop Conversion As First Pot Store Opens

Second Cup's transition from coffee to cannabis is finally underway, with the parent company opening the doors to its first licensed pot store. Aegis Brands...

Move Over, Pot: Psychedelic Drug Companies Gear Up To List On Canadian Stock Exchanges

Mind Medicine Inc., which is undertaking clinical trials of psychedelic-based drugs, intends to list on Toronto’s NEO Exchange by the first week of March,...

COVID-19 a ‘net positive’ for marijuana producer Curaleaf, says analyst

The COVID-19 pandemic has proven a boon to U.S. marijuana producer Curaleaf Holdings Inc., as sales jump and many states say that cannabis is...

Pot smokers stock up for pandemic on ‘the vice of choice when alone’

As Americans faced seclusion due to the COVID-19 pandemic, shoppers in San Francisco had the option of stocking up on one popular product with...

Coronavirus and cannabis: Vape supply is a concern due to China shutdown

Amid a widespread market selloff due to investor concerns about the COVID-19 outbreak, cannabis companies also have to contend with disruptions involving vaporizer hardware, the...

Magic Mushroom Compound Psilocybin Found Safe For Consumption In Largest Ever Controlled Study

Volunteers who received doses of the psychedelic compound experienced no serious adverse effects in phase one clinical trials at Kings College London (KCL). Psilocybin has...

Canada Now Has Psilocybin Dispensaries

Dana Larsen is anything but discreet about his business—and that’s exactly the point. “I’m definitely not the first person to sell mushrooms online,” he...

DC Psychedelics Campaign Gets Boost From Denver Psilocybin Activists As Signature Deadline Looms

Despite setbacks from the coronavirus pandemic, reform advocates proved innovative and secured several victories from the local Board of Elections and District Council that...

What The Future Holds For Medical Psychedelics In Canada

Bruce Tobin became interested in psilocybin, the psychoactive compound in magic mushrooms, 10 years ago when he was approached by a woman who had...

The Top Psilocybin Mushroom Stocks to Watch in New Year 2020

Over the last few months, Denver, Oakland, and Santa Cruz just decriminalized the possession of products containing psilocybin or psilocin. Washington, D.C. could be...