Congress Drops Marijuana Reform In Defense Bill
Following bipartisan and bicameral discussions, a large-scale defense package that proponents thought would serve as a vehicle to enact marijuana
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Cannabis
DEA Declares Cocaine Derivative Legal But Disagrees That Marijuana Should Be The Same
The Drug Enforcement Administration (DEA) is working on legalizing a cocaine derivative [18 F]FP-CIT, which is said to be a
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BAT Takes 19.9% Stake In Charlotte’s Web For US$56.8 Million
While most investors are losing interest in the cannabis space, British American Tobacco, or BAT (NYSE: BTI) as it is
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Trulieve’s Net Losses In Q3 2022 Widened By Five Times
The cannabis firm sees revenue down sequentially while inventories are on an upward trend. Trulieve Cannabis (CSE: TRUL) reported on
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Canopy Growth Sees Gross Margins Improve To 3%, Net Losses Continue In Q2 2023
Despite the recent excitement surrounding its decision to enter the US cannabis market more directly, Canopy Growth (TSX: WEED) appears
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Cronos Group Posts Gross Margins Of 6% In Third Quarter
Cronos Group (TSX: CRON) this morning continued to demonstrate how not to run a cannabis operation. The firm released its
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P Diddy To Spend $185 Million Acquiring Cannabis Assets From Cresco Labs, Columbia Care
Cresco Labs (CSE: CL) appears to be monetizing the appointment of director Tarik Brooks, which occurred last year. Brooks is
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SNDL Finally Acquires Zenabis Assets Via CCAA Process
It may have taken a bit of time, but SNDL Inc (NASDAQ: SNDL) has finally completed the task of acquiring
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TPCO Holdings Cuts Workforce By 14%, Begins Outsourcing Cultivation And Manufacturing
It appears that even celebrity endorsements doesn’t do much for firms operating in the Californian cannabis market. TPCO Holdings (NEO:
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Canaccord: Canopy USA Transaction Is An Overall Positive
Canopy Growth (TSX: WEED) earlier this week revealed that it would be restructuring its US assets into a more aggressive
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