Sunday, December 22, 2024

Business

Pot stock soars on possible tobacco deal

Canadian cannabis company Cronos Group surged Monday after Reuters reported Altria may want to buy the company. The stock was up nearly 30% at one point before it was briefly halted for trading midday Monday. Shares were still up...

US Tax Court Tells Cannabis Industry: You’re Still Drug Traffickers

The legal cannabis industry will continue to be treated like illegal drug smugglers, under a ruling issued Thursday by the US Tax Court. In a closely watched case, Harborside Health may be on the hook for millions in back taxes...

Cannabis Patents Put to The Test in U.S. Courts

Cannabis and legal systems around the world have had a long and arduous relationship. Though cannabis has been used and beloved by millions of people for thousands of years, governments have continuously tried to put the kibosh on any...

Credit Union 1 to Offer Banking Services to Alaska Cannabis Businesses

Alaskan cannabis companies can now access basic banking services, thanks to new pilot program launched by the financial cooperative Credit Union 1. In a press conference announcing the launch of the pilot today, Credit Union 1 CEO James Wileman...

Three California Cannabis Business Associates Charged in Kidnap, Murder Plot

A prominent California cannabis investor and two associates have been arrested in connection with a plot to kidnap and murder a business partner. Salam Razuki, Sylvia Gonzales, and Elizabeth Juarez were arrested by federal agents earlier this month and conspiracy...

Kush Jobs: Tech Skills in High Demand in Canada’s Cannabis Sector

Web design and software development skills have always been marketable, but until recently the opportunity to work in the cannabis industry might not have been top of mind among those learning them. As we near the end of 2018, on...

Expert Says Dating Apps Threaten Craft Beer Industry More Than Legal Cannabis

In the past, the craft beer industry has expressed concern that legal weed would become a big competitor. But as more and more places continue to loosen their cannabis laws, experts are starting to see how legalization impacts other...

New Jersey Legalization of Recreational Cannabis May Be Next

The wave of cannabis legalization in the United States of America continues to sweep from coast-to-coast.  During the 2018 midterm elections, Michigan legalized recreational cannabis use and two other states voted to legalize medicinal cannabis use. Now, New Jersey...

This Cannabis Farm Beat a RICO Case, but Left a Troubling Precedent

Guest Analysis: The authors are attorneys with the law firm Bradley Arant Boult Cummings. They advise financial institutions working with cannabis companies in Canada and in states that have legalized cannabis.  For years, the state-legal cannabis industry and the financial institutions...

UBC Appoints Professor of Cannabis Science to Help Fight Overdose Crisis

Dr. M-J Milloy will be leading clinical trials to explore the role cannabis could play in helping people with opioid use disorder stay on their treatment plan. Milloy, a research scientist at the BC Centre on Substance Use, said the...
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Teens are smoking less than they used to

Views: 6 This new generation is…healthier? Perhaps what can be summed up by better education and awareness, teen use of...
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