Spotlight Stock Marijuana Producer Canopy Growth Reports Four-Fold Jump in Revenue by Sofia Vida June 21, 2019 Canadian pot company Canopy Growth Corp. has reported over a four-fold jump in quarterly revenue this week. Canada's biggest weed producer by market capitalization, cited higher sales following Canada's legalization of recreati...
Trends & Articles Pennsylvania’s Department of Health Approves Three Companies for Growing Medical Marijuana for Research by Sofia Vida June 21, 2019 The Department of Health in Pennsylvania approved three companies on Thursday that will be allowed to grow cannabis for research in partnership with medical schools at Penn State, Thomas Jefferson, and Drexel. “This research ...
Legal Related New Jersey State and Assembly Approve Medical Marijuana Bill by Sofia Vida June 21, 2019 It was this week that the Senate and Assembly in New Jersey approved the Jake Honig Compassionate Use Medical Cannabis Act. This is a big overhaul of the state's medical marijuana program. The bill would legalize edible forms o...
Trends & Articles Pee in this City Reveals that Marijuana is on the Rise by Sofia Vida June 21, 2019 According to a federally funded study, marijuana use went up in Washington state after beginning legal marijuana sales in 2014. One major city, Tacoma, saw consumption double over three years. "It's stinky," remarked lead au...
Trends & Articles Many Floridians Support Legal Marijuana by Sofia Vida June 21, 2019 It seems that support for legal marijuana in Florida is on the rise. The Sun Sentinel, a Quinnipiac University Poll has found that a strong majority of voters want to see marijuana legalized in the state. According to the po...
Trends & Articles Cannabis Market Globally Could Reach Nearly $15 Billion in 2019 by Sofia Vida June 21, 2019 According to industry insiders, the world's cannabis market could hit $14.9 billion this year. This would be a jump of 36% compared to last year. This year's "The State of Legal Cannabis Markets" report has evaluated the cannab...
Spotlight Stock Intrexon Corporation Announces Partnership with Surterra to Advance Cannabinoid Production by Sofia Vida June 20, 2019 Intrexon Corporation has announced a $100 million partnership with Surterra Wellness to advance its cannabinoid production. According to the company's press release, the two companies "will join forces to push forward Surterra'...
Legal Related Marijuana Legalization Bill Dies In New York by Sofia Vida June 20, 2019 A bill pushing to legalize recreational marijuana in New York is now officially dead. New York's Governor Andrew Cuomo said the senate confirmed it did not have the votes to move forward with legalization on Wednesday, which wa...
Legal Related Ohio Will Not Be Voting for Marijuana Legalization This Year by Sofia Vida June 20, 2019 Ohio residents will not be voting in 2019 on whether to broadly legalize marijuana in the state. Ohio Families for Change, which backed the Marijuana Rights and Regulations amendment, deactivated its Facebook page and website a...
Trends & Articles A Cannabis Credit Card Was Just Unveiled by Sofia Vida June 19, 2019 Multistate medical operator Columbia Care Inc. has unveiled something that might excite a lot of people. Columbia Care announced that it is launching a credit card for purchases at its multiple locations. This is a huge scor...
