Oregon: OLCC Issues Marijuana Product Recall

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Winberry Farms Sweet Leaf Blend Pre-rolls Failed Pesticide Test  Portland, OR – The Oregon Liquor Control Commission is issuing an immediate health and safety advisory due to the identification of potentially unsafe pesticide residue on plant material used in a packaged retail marijuana product.  The product in question was cultivated by licensed marijuana producer Ard Ri and packaged Read the full article…

Global Cannabis Sales Grow 48% To $15 Billion In 2019

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COLORADO: Global cannabis sales rose 48% to $15 billion in 2019, driven by growth in sales in Canada and seven U.S. states that saw sales more than double. Continued consumer adoption in maturing markets such as Colorado and new adult-use markets including Massachusetts contributed to 45% growth in adult-use sales to $8.9 billion. However, medical-only states Read the full article…

Industries Booming Since Marijuana Legalization

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The marijuana industry has been growing steadily since its legalization in the United States, with more than 75% increase in sales, and contributing greatly to the economy of this nation. To date 11 states have legalized marijuana for recreational use and other 33 have authorized cannabis for medicinal use. Legalization has seen the creation of a diverse range of companies Read the full article…

Tilray Expands Global Leadership Team With New COO And CFO

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CANADA: Tilray, a global pioneer in cannabis production, research, cultivation, and distribution, announces the expansion of its global senior leadership team with two strategic hires: Jon Levin as Chief Operating Officer, who was formerly with Revlon, and Michael Kruteck as Chief Financial Officer, who was formerly with Molson Coors and Pharmaca. Mr. Kruteck’s appointment will be Read the full article…

Jim Belushi To Keynote Cannabis Conference 2020 In Las Vegas

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Owner of Belushi’s Farm to Provide Attendees Insights Into Challenges and Opportunities of Cannabis Cultivation OHIO:  Cannabis Conference 2020 presented by Cannabis Business Times, Cannabis Dispensary, and Hemp Grower, has announced that actor and celebrity cannabis business owner Jim Belushi will keynote this year’s conference program. The three-day event will be held at the Paris Hotel and Casino in Las Vegas, Read the full article…

Hightimes Holding Corp. Names Former Overstock.com President As New CEO

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CALIFORNIA: Hightimes Holding Corp., the owner of the most well-known brand in Cannabis, today announced the naming of Stormy Simon, former President of Overstock.com, Inc., as its new Chief Executive Officer. The move comes as the company prepares to develop its physical and virtual distribution businesses. Having spent the last year acquiring Cannabis media publications and Read the full article…

FSD Pharma To Begin Trading On The NASDAQ Capital Market Under Symbol ‘HUGE’ January 9, 2020

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CANADA: FSD Pharma Inc. today announced that its Class B Subordinate Voting Shares (the “Shares”) have been approved for listing on the NASDAQ Capital Market under the symbol ‘HUGE’. Trading on the NASDAQ is expected to commence at market open on Thursday, January 9, 2020. The Company’s Shares will continue to be listed on the Canadian Read the full article…

Ohio Board Of Pharmacy Awards Third Dispensary Certificate Of Operation In Cincinnati

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OHIO:  The State of Ohio Board of Pharmacy today awarded a Dispensary Certificate of Operation to Have a Heart Cincy, located at 8420 Vine St., Cincinnati. The Board has now issued 47 Dispensary Certificates of Operation. The interactive map of Dispensaries with Certificates of Operation will be updated within two business days.

Tilray Exports First-Ever Shipment Of Medical Cannabis Allowed Into Israel

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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 Canndoc Ltd., a wholly-owned subsidiary of InterCure Ltd., through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda., to export a wholesale shipment of up to 2.5 tonnes of medical cannabis from Portugal to Israel. The shipment, Read the full article…

Cresco Labs Makes History On January 1st With First Sale Of Adult-Use Cannabis In Illinois

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, announced today that the Company served 3,145 people on New Year’s Day at its five Sunnyside* Dispensaries located in Lakeview, Elmwood Park, Champaign, Buffalo Grove and Rockford, Illinois. Sunnyside* also sold 9,258 cannabis products, including Cresco’s house of brands and Read the full article…