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Canadian hospitality company Donnelly Group said Wednesday it has launched a wholesale cannabis accessories distribution venture named Goodtrip Supply. The launch of the new venture is part of Donnelly Group's plans to expand its investment in the rapidly growing cannabis industry. The company noted...

Senator Bernie Sanders has called for the legalization of marijuana at the federal level in the U.S. On Sunday, the 2020 Democratic presidential candidate said on Twitter, "We must legalize marijuana nationally, expunge past marijuana convictions and ensure revenue from marijuana is reinvested in...

U.S. cannabis retailer MedMen Enterprises Inc. said Monday that it has launched state-wide delivery service of cannabis products in California, enabling consumers to enjoy the comfort of home delivery. MedMen is offering same-day delivery of cannabis products to customers in California, noting that...

Craft 1861, a maker of hemp cannabidiol or CBD technology and products, said it will partner with the World Boxing Council or WBC to develop a new line of co-branded CBD wellness products to be distributed globally. This venture is the largest and first co-branded line of products to be distributed...

The legal cannabis market in California is poised for huge growth after seeing a $500 million fall in legal sales in 2018 following an initially rocky launch of the state's adult-cannabis market, according to a new report. The report, titled "California: Lessons From the World's Largest Cannabis Market",...

Oklahoma is the state with the fastest-growing medical marijuana market in the U.S., according to an analysis by Marijuana Business Daily. The new quarterly release of the Marijuana Business Factbook states that the average number of daily patient increase in Oklahoma was 641, and medical marijuana...

Illinois Governor J.B. Pritzker has approved legislation that expands and makes permanent the state's medical cannabis program. Illinois' medical cannabis law was set to expire next year. It was signed into law by former Governor Pat Quinn in 2013 as a pilot program. In June this year, Illinois...

Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO) said it has agreed to acquire cannabinoid-based medical research firm Beckley Canopy Therapeutics. Financial terms of the deal were not disclosed. Beckley Canopy was formed as a joint venture in January 2018 between Beckley Research & Innovations...

Massachusetts marijuana regulators have fined Massachusetts-based cannabis company Curaleaf $250,000 for failing to seek prior approval for a change in ownership of the company that took place last year. This is the largest fine imposed by the regulators to date. The Massachusetts Cannabis Control...

One in seven Americans use cannabidiol or CBD-based products as more products hit the market following the passage of the 2018 Farm Act, according to a survey by Gallup. Cannabidiol or CBD is a naturally-occurring cannabinoid constituent of cannabis. It is a chemical in the marijuana plant often used...

marijuana-aug05.jpg Iowans suffering from chronic pain may soon be able to receive medical cannabis as treatment. The Iowa Medical Cannabidiol Board held its meeting on Friday for the first time since Governor Kim Reynolds in May vetoed a bill that would have expanded the program. The board members reportedly voted...

superjumper-aug2.jpg California-based Super Jumper Inc. recalled around 23 thousand trampolines that were sold for around eight years after injuries were reported.

CannTrust Holdings Inc. said it is reviewing strategic alternatives, including a possible sale of the company. In a statement, the troubled cannabis company said that a special committee of its board of directors has retained Greenhill & Co. Canada Ltd. as a financial advisor to assist in a review...

burgers-aug01.jpg Impossible Foods Inc. is gearing up to sell its plant-based substituent for ground beef in grocery stores across the nation starting in September.

UK-based tobacco giant Imperial Brands plc (IMB.L, IMBBF.PK, IMBBY.PK) said it will invest C$123 million, or GBP 75 million, in Canadian cannabis company Auxly Cannabis Group Inc. The deal marks Imperial's latest foray into the cannabis sector. As part of the transaction, Imperial will invest 75 million...

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