pot

President Joe Biden announced the largest single-day act of clemency by a U.S. president, commuting the sentences of nearly 1,500 individuals and pardoning 39 others convicted of nonviolent offenses. The measure, announced on Thursday, comes two weeks after after Biden pardoned his son, Hunter...

Ron DeSantis' campaign director is spearheading a campaign to legalize recreational marijuana, a move that sharply contrasts with the Florida Governor's own anti-marijuana stance. Ron DeSantis’ campaign director for the 2024 presidential bid is also spearheading a campaign to legalize...

Tilray Inc (NASDAQ: TLRY)'s meteoric rise immediately after its July 2018 IPO wowed analysts and investors alike. From an IPO price of $17, the stock rose to an intraday high of $300 on Sept. 19, an astronomical gain of about 1,700% from the offer price. Since topping out at $300, the stock has...

Biome Grow Inc. (CSE: BIO) (OTC: BIOIF) released consolidated financial statements for the second quarter and first half of fiscal 2019 on Thursday.  The company's revenue quadrupled from CA$341,000 ($256,000) in the first quarter to CA$1.35 million ($1 million) in the second....

Curaleaf Holdings Inc (OTC: CURLF), one of the largest verticallyintegrated cannabis operators in the U.S. said Tuesday that its revenue grew substantially in the second quarter — and so did its net loss.  What Happened The company posted total revenue of $48.49 million, up by 231%...

Cannabis company Tilray Inc (NASDAQ: TLRY) reported a 323% year-over-year second-quarter revenue increase Tuesday. In an interview with CNBC following the earnings release, CEO Brendan Kennedy said he expects to see continued growth in the "coming quarters and years." What Happened Tilray...

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...