All eyes may have turned to the Nov. 3 ballot question seeking to legalize marijuana for those over 21, but the state’s decade-old medical marijuana program continues to grow and evolve. Curaleaf, the largest alternative treatment center in the state, quietly added another building to its Bellmawr campus this summer. Last week the company announced plans to open […]
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Innovative Industrial Properties Acquires Florida Property and Expands Real Estate Partnership with Parallel, a U.S. Cannabis Company
PRESS RELEASES SAN DIEGO–(BUSINESS WIRE)– Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Lakeland, Florida from an affiliate of Parallel, one of the largest […]
Why Marijuana Could Be Legal in Florida as Soon as 2020
It’s a rocky road to medical marijuana, but a new push towards full recreational legalization could put an initiative on the 2020 ballot — and it’s looking like there’s plenty of support For years, the possibility of legalizing recreational adult-use marijuana in Florida was little more than an afterthought — but recently, momentum’s picked up. In […]
Nebraska Supreme Court releases decision on if medical marijuana, expanded gambling will be on ballot
The Nebraska Supreme Court has issued a ruling on whether medical marijuana and expanded gambling will be on the ballot in November. The court voted to block medical marijuana from being on the ballot but approved the expansion of gambling. Two justices dissented in the medical marijuana ruling. “if voters are to intelligently adopt a […]
Truss Beverage Releases Cannabis-Infused Drinks Across Canada
Company is joint venture between Molson Coors, Hexo TORONTO — Truss Beverage Co., a joint venture between Molson Coors Beverage Co. and Hexo Corp., is releasing a line of cannabis-infused beverages across Canada. Molson Coors and Gatineau, Quebec-based Hexo, a licensed producer of cannabis products in Canada, started the Toronto-based joint venture Truss in 2018. The […]
CBE Press LLC Bolsters Advertising and Marketing Efforts: Adds Media Industry Veteran Newell Thompson to Team
As Cannabis Ancillary Businesses and Licensees begin their 2021 advertising and sponsorship planning, CBE Press LLC (CBE) is pleased to announce the hiring of Newell Thompson, a publishing and media executive with over 30 years of Madison Avenue experience. Thompson will head up business development for CBE including all advertising sales and sponsorship marketing for CBE’s […]
Cresco Labs Announces Accelerating Revenue and Increasing Operating Leverage in Record Second Quarter 2020 Results
PRESS RELEASE Record revenue of $94.3 million, 42% growth QoQ 30+% sequential revenue growth in all of the Company’s U.S. markets except Massachusetts Record adjusted EBITDA1 of $16.5 million, 419% growth QoQ Reduced SG&A by $1.5 million QoQ Wholesale revenue growth of 44% QoQ to $55 million and retail revenue growth of 39% QoQ to […]
Pro & Con: Will A VP Kamala Harris Lead to Marijuana Legalization or Set it Back?
Editor’s note: Kris Krane, who occasionally contributes to CBE, wrote a Pro and Con set of views in Forbes that provides readers with a look at what a Biden/Harris win could mean for the marijuana Industry based on Harris’ track record. CBE thought this was an interesting read in laying out the potential ramifications of […]
B Corp Certification: Another Way to Legitimize the Hemp CBD Industry?
by Nathalie Bougenies, [email protected] Bricken For the past eighteen months, hemp stakeholders have been begging the federal government to regulate the hemp-derived cannabidiol (“Hemp CBD”) industry. As of date, the Food and Drug Administration (the “FDA”) has received over 4,000 comments from shareholders on the safety, manufacturing, product quality, marketing, labeling, and sale of Hemp CBD products. There […]
Cannabis Reference Standards
Overcoming Labryinthine US Regulations By Angelo DePalma, PhD All analytical sciences rely on reference standards—standardized, punctiliously prepared and characterized samples—to guarantee the veracity of their results but even more importantly, of their methodology. Cannabis is a complex botanical capable of generating numerous downstream products, each with unique critical quality attributes. And, as a botanical, it […]
