Day : March 5, 2018

Current News Growers Market Watch

Oregon Legislature Has Approved Hemp Expansion

Editor
SALEM, Ore. (AP) — A proposal to ease commercial hemp cultivation has passed the Oregon Legislature. Under a measure approved by the Senate on Saturday, hemp seed would be classed as an agricultural seed. The state Department of Agriculture must lay out standards, including identification documents. A variety of cannabis, hemp...
Politics

Nevada Topping $30M in Tax Revenue from Cannabis Sales

Editor
Nevada’s cannabis industry is still in its infancy but in just six months the cannabis market has already raked in more than $30 million in tax revenue for the state. During this time, retailers in the state have sold more than $195 million in cannabis. The state charges a 15%...
Current News Global

Tweed to Host Fashion Show in Toronto

Editor
On the evening of March 9, 2018, working in collaboration with some of Canada’s top clothing designers, Tweed Inc. is set to present its first ever runway show, Tweed: Fabric of Creativity, at Toronto Men’s Fashion Week. The show will feature 36 designs by 18 of Canada’s top designers and...
Current News Health Market Watch

Tech Startup HelloMD Raises $7M to Fund Health and Wellness Platform

Editor
California based HelloMD has closed a $7 million Series A round of funding. The influx of capital will allow the company to expand and build out more features for its consumer-focused information platform operating solely in the cannabis space. The company currently has around 300,000 users but is adding approximately...
Current News Global

Israeli Medical Cannabis Company Announces $110M Deal

Editor
On Sunday, March 4, 2018, An Israeli company announced a $110 million deal to grow and produce medical cannabis for a European buyer in what it said was the biggest agreement of its kind to be signed in Israel to date.  However, it threatened that if the Israeli government did...