Category : Cannabis News

Cannabis News

Cannabis Statistics: One in Seven Americans are Now Using CBD

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Demand for CBD-rich consumer products has been explosive in the U.S.  In fact, right now, one in seven Americans say they use CBD products, says a recent Gallup poll. However, those numbers are likely to increase as more CBD makes its way on to many more shelves of major retailers.  In fact, the......
Cannabis News

Authorities Offer Pardons to Persons Affected by Previous Instances of Cannabis Prohibition

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Last year, Canada made international headlines after becoming just the second country, following Uruguay, to fully legalize cannabis for both medical and recreational purposes. However, despite legalizing cannabis, Canada still faces a multitude of legal barriers that have hindered consumers and businesses. For instance, many cultivators and retailers faced limitations such as curtailed operating hours......
Cannabis News

The Biggest Risk Factor to the Alcohol Industry is CBD

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CBD has been one of the most disruptive forces to major multi-billion-dollar industries, including alcohol. In fact, big companies have been warning about this for quite some time. For example, in a 2018 Molson Coors’ annual shareholder report, the company listed cannabis among the biggest possible risks to its business. “Although the ultimate......
Cannabis News

September is National Sickle Cell Awareness Month

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Sickle Cell disease is a condition that affects people around the world. In Georgia, there are more than 7,000 people living with Sickle Cell. “We want to raise awareness about the serious health problems associated with Sickle Cell Disease which is characterized by debilitating pain and life-threatening complications,” said Deborah McGhee McCrary, CEO......
Cannabis News

Curaleaf Opens Port Charlotte’s Largest Medical Cannabis Center

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Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading vertically integrated cannabis operator in the United States, announced today the opening of its 26th Florida dispensary at 1994 Kings Highway in Port Charlotte. Curaleaf has the largest cannabis dispensary footprint in the US with 49 dispensaries across the country, and continues to......
Cannabis News Market Watch

Sundial Growers Announces Up To $140 Million Corporate Credit Facilities with ATB Financial and Bank of Montreal

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Sundial Growers Inc. (Nasdaq:SNDL) (“Sundial” or the “Company”) announced today that it has entered into a syndicated credit agreement (the “Credit Agreement”) with ATB Financial (“ATB”) and Bank of Montreal (“BMO”) as co-lead arrangers and joint bookrunners (collectively the “Lenders”) with ATB as administrative agent and BMO as syndication agent. Under the......
Cannabis News

EcoGen Laboratories Creates Strategic Proprietary Extraction Equipment to Advance Supply Chain

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EcoGen Laboratories, the leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients in the United States, announced the advancement of their proprietary extraction equipment responsible for the company’s strategy behind advancing their supply chain. Engineering design and fabrication of industrial scale extraction equipment is what sets EcoGen Laboratories apart from its......
Cannabis News

SOMA District Dispensary Upgrades Tech With Alt Thirty Six

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Located next door to technology pioneers the likes of Stripe, Uber, Square, Twitter and Airbnb, two companies are joining forces to lead the charge in a seismically disruptive tech trend that’s revolutionizing the cannabis industry. One of the most trusted and longstanding therapeutic cannabis collectives in San Francisco, ReLeaf Herbal Cooperative,......