OLCC Commission Acts On Marijuana Producer Application Deadlines

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Temporary Rules Follow Passage of SB 218 Commission Also Approves Marijuana Licensee Stipulated Settlements OREGON: At its monthly meeting on August 15, 2019 the Commissioners of the Oregon Liquor Control Commission approved temporary rules setting timelines for processing marijuana producer applications, and also approved nine marijuana violation stipulated settlement agreements. Senate Bill 218 directs OLCC to set timelines Read the full article…

Cresco Labs Announces Increased Profitability In Q2 2019 With Revenue Growth Of 253% Year-Over-Year and 42% Quarter-Over-Quarter

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today released its unaudited financial results for the second quarter ended June 30, 2019. All financial information presented in this release is in U.S. dollars, unless otherwise noted. Second Quarter 2019 Highlights and Subsequent Events Revenue Second quarter revenue of $29.9 Read the full article…

Tilray Announces Agreement To Export First Shipment Of Medical Cannabis From Portugal To Germany

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CANADA: Tilray, a global pioneer in cannabis research, cultivation, production and distribution, today announced it has entered into an agreement with Cannamedical Pharma GmbH (“Cannamedical”) through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. (“Tilray Portugal”), to export a wholesale shipment of $3.3 (€3) million worth of medical cannabis from Portugal to Germany. The shipment, which is Read the full article…

5 Marijuana Myths You Need To Debunk Right Now

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Whether due to long-standing public misconceptions marijuana’s effects or government propaganda efforts aimed at stirring up moral panic about the substance in a credible population, an enormous number of patently false myths about marijuana have persisted in the public consciousness for generations. And while no substance in history is more shrouded in myth than marijuana, Read the full article…

Julian Marley Returns To The Stage For “AS I AM” West Coast Tour After Tragic Family Loss To Cancer.

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“Thousands to attend Julian Marley’s, 2019 West Coast “AS I AM” Tour,  in support of the Artist’s latest album release and his mission for Children’s Cancer Research Awareness.”   The chart topping 4th album release, “AS I AM” captivated music lovers worldwide last year, the West Coast fans have been eagerly awaiting their turn.  CALIFORNIA:  Not Read the full article…

Leafly Hires Kirk Beardsley As Chief Operating Officer

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WASHINGTON: Leafly, the world’s leading destination to help people discover, find and buy cannabis, today announced the hiring of Kirk Beardsley, an accomplished Fortune 500 retail executive, to the role of Chief Operating Officer. As COO, Beardsley will lead sales, marketing, and business innovation for Leafly. “Kirk’s track record of helping some of the world’s leading Read the full article…

CaniBrands & Athletes for CARE Form Exclusive Partnership To Advocate CBD Use For Athletes

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The Strategic Partnership will Advocate for the Use of CBD as a Health and Wellness Enabler CALIFORNIA: CaniBrands, a next-generation consumer CBD products company has entered into a long-term partnership agreement with Athletes for CARE (A4C) and designated A4C as their ‘Charity of Choice’. Founded by former professional athletes, A4C is the only non-profit organization empowering legendary athletes Read the full article…

Cannapreneur Partners Appoints Former American Express Senior Manager Doug Lennick To Executive Board

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MASSACHUSETTS: Cannapreneur Partners, the Westborough, Mass-based holding company finding the cannabis world’s 1% outlier entrepreneurs and industry investment opportunities currently in the middle of a $150 million fundraise round open to investors, has announced the appointment of Doug Lennick to their Executive Board of Directors.  Lennick is world-renowned for innovative approaches to developing high performance in Read the full article…

Ohio Board Of Pharmacy Awards Dispensary Certificate Of Operation in Bowling Green

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OHIO: The State of Ohio Board of Pharmacy today awarded a Dispensary Certificate of Operation to Soothe, located at 1155 N. Main St., Bowling Green. The interactive map of Dispensaries with Certificates of Operation will be updated within the next 48 hours.

What Licensed Cannabis Businesses Must Know About Insurance

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By Eric Weisbrot The cannabis business landscape has come into the limelight over the last several years, with some states making historic moves to legalize its production, distribution, and consumption. However, many eager cannabis entrepreneurs and prospective business owners still face an uphill battle. The federal stance on cannabis makes any activities surrounding the drug illegal, Read the full article…