Friday, July 4, 2025

Business

Canopy’s Linton: ‘Massive shakeout’ ahead for CBD sector

Upheaval is ahead for North America’s CBD market, and those companies that focus on data, research and branding are the ones that will likely survive, according to Canopy Growth CEO Bruce Linton. “Water’s free, and you can make a lot of...

Why You Must Watch Weed-Smoking, Gun-Toting Nuns in 'Breaking Habits'

The documentary “Breaking Habits” has been described as a documentary about weed-smoking nuns. Intriguing, right? But the film, it turns out, is so much weirder and more unexpected than the brief description lets on. We're talking betrayal, bigamy, meth...

Unlicensed LA Dispensary Sold Pesticide-Tainted Cannabis, City Says

LOS ANGELES (AP) — An unlicensed marijuana dispensary sold cannabis sprayed with a dangerous pesticide, the city of Los Angeles said in a lawsuit Wednesday that’s part of a wide-ranging crackdown on illegal pot sales. Marijuana sold at Kush Club...

6 Months Since Legalization: A Snapshot of Canada’s Legal Cannabis Sector

It’s not just you: time certainly does fly, and yes, a lot has happened in the six months since cannabis was legalized in Canada on Oct. 17, 2018. From product shortages and store openings (and closings), to refined regulations and...

Aurora Cannabis to increase hemp stake, buy Alberta producer

Canadian marijuana giant Aurora Cannabis is getting deeper into the hemp space, announcing Tuesday that it plans to acquire the rest of a hemp company it partially purchased last year. Aurora said it will buy the remaining outstanding shares of Hempco...

Hemp companies left looking for banking alternatives

The stability that the 2018 Farm Bill was supposed to bring to the hemp industry remains elusive, particularly on the banking front, where a risk-averse industry has been pulling its previously dipped toes out of the water. U.S. Bank’s payments...

Cannabis Company Aphria Sees Shares Plummet 15 Percent

The seemingly unstoppable expansion of marijuana legalization is generating undeniable enthusiasm and economic optimism about the future of the industry. But upon closer inspection, the cannabis market isn’t as bullish as it may appear. Somewhat ironically, it’s the hype...

National Drug Stores Selling CBD, but Not Walmart or Target—Yet

NEW YORK (AP) — Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient? CBD, or cannabidiol, a compound derived from hemp...

California Might Require 1 Dispensary for 4 Alcohol-Serving Businesses

A bill introduced in the California Assembly on April 11, 2019, aims to expand cannabis access statewide by specifying a ratio between marijuana retailers and businesses that serve alcohol. Democratic Assembly member Phil Ting introduced AB 1356, a bill that...

Opinion: There’s a Better Way to Tax Legal Cannabis

Pat Oglesby is a North Carolina lawyer and the founder of the Center for New Revenue, a tax policy nonprofit. He has served as chief tax counsel for the US Senate Finance Committee and as co-chair of the Regulatory...
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New Study Shows Cannabis Use Associated With ‘Significant Risk Of Cardiovascular Disease’

A new analysis of global health data has found that cannabis use is associated with a significantly increased risk...
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