Tilray Brands, Inc. (Nasdaq: TLRY)(TSX: TLRY) reported financial results for its first quarter ending August 31, 2024. Revenue increased 13% to $200 million versus $177 million in the prior year quarter. However, this was a substantial drop from the fourth quarter revenue of $229.9 million and it also missed the Yahoo Finance average analyst estimates... Continue Reading →

Cannabis Giant Canopy Expands US Presence With Acquisition Of Top Edibles Brand: What It Means For Investors Image Cannabis News October 10, 2024 The deal includes Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Canopy Growth Corporation announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The... Continue Reading →

Nasdaq-Listed Cannabis Company Eyes Germany's New Hemp Legislation With Intense Interest Image Cannabis News October 10, 2024 Flora Growth is eyeing Germany's new hemp legislation as a major opportunity, with plans to enter the market soon. Publicly traded Flora Growth Corp. is closely monitoring Germany's newly approved legislation on industrial hemp, viewing it as a... Continue Reading →

Forget Trump Vs. Harris – Florida's Biggest Election Battle Is Over Cannabis, And It's Costing Millions Image Cannabis News October 10, 2024 With over $100 million spent on two amendments, it’s clear cannabis and abortion are capturing the attention and dollars of Florida voters. Cannabis Legalization Draws More Ad Dollars Than Presidential Race As the... Continue Reading →

US (MO): Governor budgets for intoxicating hemp ban Image Cannabis News October 10, 2024 While a large part of Missouri Gov. Mike Parson's (R) ban on intoxicating hemp products may be on pause, plans are underway to kick it back up next summer, according to a preliminary budget request by the Missouri Department of Health... Continue Reading →

US (MO): Appeals court hears sales tax case Image Cannabis News October 10, 2024 The court debate Tuesday over how Missouri marijuana products get taxed statewide sounded similar to a grammar class on conjunctions and comma placement. The constitutional amendment voters approved in 2022 legalizing recreational marijuana allowed local governments to impose additional sales tax... Continue Reading →

Hemp industry in California fights emergency regulations Image Cannabis News October 10, 2024 Jonathan Miller: "We were shocked by the new emergency regulations." The hemp industry in California is under rising pressure after Governor Gavin Newsom issued emergency regulations that effectively hinder further development of the industry, according to Jonathan Miller, general counsel of the... Continue Reading →

New York City announces launch of loan fund applications Image Cannabis News October 10, 2024 Today, New York City Department of Small Business Services (SBS) Commissioner Dynishal Gross, New York City Economic Development Corporation (NYCEDC) President Andrew Kimball, and Cannabis NYC Founding Director Dasheeda Dawson announced that applications are open for the first phase of... Continue Reading →

Canapa Expands Portfolio with Comac Beverage Processing and Filling Solutions Image Cannabis News October 10, 2024 Canapa by Paxiom is excited to announce the addition of Comac Beverage processing and filling solutions to its robust portfolio of cannabis packaging machinery. This strategic expansion allows Canapa to offer a comprehensive range of solutions to meet the... Continue Reading →

Ontario-based Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) announced Wednesday that it has, at long last, completed the acquisition of U.S. marijuana edibles company Wana Brands, nearly a full three years after the $279 million deal was first announced. “Canopy USA now owns 100% of the outstanding equity interests in Wana,” the company said in a press... Continue Reading →