Business

Revenue for its fiscal third quarter surged 282% compared to a year earlier, the company reported Thursday. Chairman and co-CEO Bruce Linton attributed the lift to the company's decision to make early, "meaningful" investments that helped it corner a...

Editor’s note: interview has been edited for length and clarity.  Cannabis is growing faster than ever, and if Black people don’t grow with it, we’ll be left behind in this industry. But the thing is, very few of us have...

The first marijuana hearing of the 116th Congress kicked off on Feb. 13, 2019, with members of a House financial subcommittee asking witnesses about how banking access can improve public safety, how operating on a cash-only basis inhibits transparency...

Bank officials and cannabis industry representatives joined together on Wednesday to urge Congress to allow marijuana businesses access to banking services. At a hearing of the House Consumer Protection and Financial Institutions Subcommittee, lawmakers heard from advocates of the Secure...

CBD manufacturing in New York continues to heat up with at least two hemp companies announcing plans for extraction facilities to compete with huge manufacturing investments expected from out of state. The new factories – one in a former newspaper...

LOS ANGELES (AP) — Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system to the legal marijuana industry, a change that supporters say would reduce crime risks and resolve a...

The governmental green rush is on in Michigan. The state’s Bureau of Marijuana Regulation has announced that its nascent medical marijuana program sold $30.2 million of medical product in the first four months of operation. That should equal some...

The race is on for entrepreneurs eager to build the first generation of national and global cannabis brands. But as these companies sprint to capture market share and reach out to new audiences, the LGBTQ community has been largely...

If you golf, you’ve probably heard of the 19th hole. It’s golfer slang for the bar or clubhouse where players go to drink after a round. It’s as closely associated with golf as après-ski is to skiing and is...

When the federal government introduced regulations surrounding cannabis edibles in December, few people were playing closer attention than those in Canada’s restaurant industry. Already adapting to the recent legalization of recreational bud and oil, industry stakeholders are already preparing for...