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Canopy shares plunge as pot producer posts another loss

Canopy Growth Corp (WEED.TO), posted another core loss on Thursday, denting investor hopes that the cannabis producer would turn profitable anytime soon, sending its U.S.-listed shares down 10%. The company’s quarterly gross margin was impacted by a decline in production, lower prices in the Canadian recreational business, a shift in business mix and fall in…

More menopausal women are using medical cannabis for symptoms

“Given the lack of clinical trial data on the efficacy and safety of medical cannabis for management of menopause symptoms, more research is needed before this treatment can be recommended in clinical practice.” In recent years, medical cannabis has been used to treat a host of symptoms ranging from those of Parkinson’s disease to side…

Cannabis Beverage Makers Have Alcohol Market in Their Sights

Alcohol has long been the dominant social lubricant — but the growing cannabis industry wants to offer a replacement. The market for beverages made with THC, marijuana’s psychoactive ingredient, is growing. Smaller players are looking to do more than just get people high — they’re positioning their beverages as more sophisticated and wellness-oriented. Specific niches the products seek to fill include relaxation,…

Why Pros Like Brittney Griner Choose Cannabis for Their Pain

Shawn Kemp played most of his N.B.A. career before the league began testing players for marijuana use in 1999. So after playing in the bruising, physical games typical of the N.B.A. in the 1990s, he would smoke. He didn’t like taking pain-relief pills. “I was able to go home and smoke pot, and it was…

Is marijuana legal in Delaware? What you need to know about the state’s efforts

This year, Delaware advocates and lawmakers came the closest they ever have to legalizing recreational marijuana in the state. But Gov. John Carney’s refusal to support recreational marijuana ultimately crushed the dream of legalization, landing the bill amongst the countless other failed attempts over the past several years. Here’s what happened. This year’s first effort…

Connecticut Legislates Equity, But Not a Share of the Profits for Marijuana

In an effort to open the newly legal marijuana market to those most harmed during the years it was criminalized, Connecticut lawmakers set strict standards for who may own the emerging businesses. But they didn’t legislate anything about profits. Last month the state’s Social Equity Council approved the applications of 16 marijuana growers and disqualified…

Marijuana seizures down as cartels turn to alternate cash ‘crops’

With three months left in 2022 fiscal year, average daily seizures of pot, cocaine and heroin plummet; fentanyl still going strong EL PASO, Texas (Border Report) – Border agents are reporting a 25 percent increase in illicit drug seizures at ports of entry, highway checkpoints and along the international boundary last June compared to May. However, seizures…

Cannabis Trademark Litigation: Wrigley Wins

By Jihee Ahn, Attorney at Harris Bricken A final judgment recently rendered in WM. Wrigley Jr. Company v. Roberto Conde, et al., is nothing short of a cautionary tale and a powerful reminder to cannabis companies: Parody is NOT a defense to trademark infringement in this type of commercial context. The parties We all know…

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