marijuana

Medicine Man Technologies, Inc. (OTC: MDCL) said Monday it has entered into a binding term sheet with the award-winning Colorado-based cannabis concentrate brand Dabble Extracts. Under the terms of the agreement, Medicine Man will pay $3,75 million for the company: $750,000 in cash and 996,678...

Shares of cannabis company CannTrust Holdings Inc (NYSE: CTST) fell 25% early Monday after the company said it accepts a new negative Health Canada ruling. What Happened CannTrust said in a press release that it failed a Health Canada inspection during the period of July 10-16. The company...

cannabis company Green Organic Dutchman Holdings Ltd (OTC: TGODF) said Wednesday that it has applied to list its stock on the Nasdaq exchange. What Happened Green Organic Dutchman focuses mostly on the medical cannabis space, with exposure to Canada, Europe, the Caribbean and Latin America....

The Marley family legacy became even more connected with cannabis as Rohan Marley, the son of the late Jamaican reggae singer and marijuana advocate Bob Marley, has signed a marketing and spokesperson agreement with the public agricultural biotech brand Zero Gravity Solutions, Inc. (OTC: ZGSI...

Cannabis brand Binske announced Monday it has partnered with the multistate operator MariMed Inc (OTC: MRMD) in a licensing deal. The partnership will see Binske’s line of concentrates, edibles and topicals reach 52% of the legal consuming American public across 11 states, totaling 52.4...

New York Gov. Andrew Cuomo signed a bill Monday that decriminalizes cannabis use in the state. Why It Matters After failing to pass adult use legislation during the most recent legislative session, New York will now reduce unlawful possession to a finable offense. The bill removes all criminal...

Medical and recreational cannabis producer CannTrust Holdings Inc (NYSE: CTST) said Monday that it's forming a special committee to "restore trust" after its facility was found to be non-compliant with Canadian government regulations. What Happened Health Canada is actively...

The cultivation solutions brand TriGrow is launching its own financial growth division, TriGrow Capital. The new TriGrow division aims to help operators finance growth using capital and tech resources. "The new venture aims to solve some of the funding and growth challenges unique to the...

In late June, the Supreme Court declined to hear a petition concerning federal tax code 280E. The petition, brought on by Alpenglow Botanicals of Breckenridge, Colorado, concerns numerous business deduction claims that 280E prevents cannabis companies from claiming. A State Vs. Fed Issue Dixie...

In May 2019, California significantly cut its cannabis tax revenue projections through June 2020. In just four months, state projections decreased by $223 million. Much of the blame is often placed on the state's rampant illicit market. Since the legalization of adult use cannabis, California...

KushCo Holdings Inc (OTC: KSHB), a provider of ancillary services to the cannabis industry, reported third-quarter results after the close Tuesday.  What Happened The company said its revenue for the quarter ended May 31 surged by 221% on the year and amounted to a record $41.5 million. ...

Cannabis producer company CannTrust Holdings Inc (NYSE: CTST) said Monday that it accepts a Health Canada non-compliance finding; this "sharp turn of events" prompted Bank of America Merrill Lynch to double downgrade the stock. The Analyst Christopher Carey downgraded CannTrust...

"420 Investor" Alan Brochstein has a simple message to CannTrust Holdings Inc (NYSE: CTC) CEO Peter Aceto: apologize for violating Health Canada rules and resign. What Happened CannTrust said in a press release Monday that it "accepted" a Health Canada finding that some of its...

Cannabis company 1933 Industries Inc. (OTC: TGIFF) reported third-quarter results Tuesday that included a 28% quarter-over-quarter jump in revenue to CA$4.6 million ($3.5 million).  The company's gross margin fell from 43.7% in the third quarter of 2018 to 24.8%. The company...

By Minchul An, Founder of buzzn. There is a lot of confusion on the legality of CBD, and its counterparts. With the most recent passing of The Farm Bill of 2018 signed by President Trump in December 2018, it states that Industrial Hemp is legal in all 50 states as long as it contains less than 0.3...