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No Longer In Hiding, the Scent of Cannabis Joins the Perfume Counter

“Reeking of weed” used to be a bad thing. Now high-end beauty influencers are embracing fragrances designed to highlight the aroma of cannabis. There’s one called Dirty Grass, an earthy $185 scent with 500 milligrams of hemp-derived CBD oil in each bottle. It’s…

Arizona Tea maker enters the cannabis market

Marijuana products will soon hit the masses, as the maker of Arizona Tea enters the cannabis market, starting with vape pens and THC-infused gummies. Privately held Arizona Beverage announced Tuesday that it reached a licensing deal with Dixie Brands, which…

Marijuana-derived epilepsy drug doubles sales, sending GW Pharma stock soaring

August 7, 2019
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Cannabis Investments, Medical Marijuana, On the Move
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GW Pharmaceuticals PLC reported Tuesday afternoon that sales of its cannabis-derived epilepsy drug more than doubled from the previous quarter, sending shares spiking more than 11% higher in after-hours trading. GW Pharmaceuticals GWPH, +10.22% reported second-quarter sales of $68.4 million for Epidiolex, which uses…

Cresco Labs’ 56 marijuana dispensaries around the country soon will have the same name: Sunnyside

Cresco Labs is renovating its 56 marijuana dispensaries around the country, including five in Illinois, and reopening them under a single brand name: Sunnyside. The dispensaries will be welcoming and bright and will create room for customers to learn about…

Bruce Linton says he was fired as co-CEO of Canadian pot company Canopy Growth

Bruce Linton, co-CEO of Canopy Growth, said he was fired from the Canadian pot company he founded in 2013 in an interview with CNBC on Wednesday. Canopy, the world’s largest publicly traded cannabis company by market value, earlier Wednesday announced in…

Global marijuana use rose by 60 percent over the past decade

The global story about cannabis — the most-used recreational drug in the world — is about as fuzzy as your body feels after taking your first hit. While some places, such as states in the US, have legalized the drug, it is strictly prohibited in…

Marijuana use among baby boomers rose tenfold over decade as seniors seek out cannabis for medical treatment

Marijuana use among seniors in the U.S. rose tenfold over a decade as more baby boomers use it to treat a range of ailments, including pain, anxiety and depression, according to a University of Colorado study. Some 3.7% of U.S. adults…

Behind Portland’s blockbuster marijuana deal: a Russian billionaire, cannabis consolidation

A billion dollars for a Portland marijuana company. It’s an astonishing figure. Last month’s deal for Cura Cannabis was the biggest acquisition in the history of legalized marijuana in the United States. It’s a sign of just how quickly the market is…

TSA approves cannabis-containing epilepsy drug for flights

The Transportation Security Administration will now permit a pediatric epilepsy drug containing cannabis on flights, according to the agency's guidelines. Its guidelines now say that, subject to "special instructions," "products/medications that contain hemp-derived CBD or are approved by the FDA are legal…

East Coast marijuana market could rival Colorado’s in coming years, report finds

The cannabis industry in the U.S. has long been centered around states like Colorado and Oregon, but now, marijuana sales in Illinois and its neighboring states east of the Mississippi River are poised to rival those out west. The U.S.…

NFL and marijuana: Players hope for change in punishing policy

The pain wasn't the same as a midair smack from a hulking linebacker while coming across the middle, but former Detroit Lions superstar receiver Calvin Johnson said he needed some serious relief during his 2016 season on "Dancing with the Stars." …

8 in 10 marijuana users combine cannabis and exercise, CU study finds

A large majority of marijuana users say they use the drug before or after exercising and those who partake get more exercise than those who don’t, according to new research from the University of Colorado. Researchers at CU Boulder surveyed…

Corporate America Gears Up for ‘Weed Day’ Celebrations on April 20

Potheads have for decades celebrated their love of marijuana on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn’t yet have a…

AGT Hybrid Greenhouse Awarded Gold in the Energy and Sustainability Category for the 2019 Edison Awards

PRESS RELEASE Groundbreaking new greenhouse design helps growers quickly build an ultra-energy efficient, “cleanroom” technology facility ESCONDIDO, CA. APRIL 11, 2019 – Ancon Development Corporation, a leading designer and developer of advanced facilities, today announced that they were awarded Gold in…

N.Y. medical marijuana maker expands into Massachusetts recreational market

Vireo Health, a maker of medical marijuana in New York, is expanding into the recreational marijuana market with the $10 million acquisition this week of a Massachusetts firm. The company bought Mayflower Botanicals Inc., a registered marijuana dispensary certificate holder in Massachusetts.…