News

UPDATE: Hong Kong Bans CBD

Starting Feb. 1 any individual who manufactures CBD products could face a maximum penalty of life imprisonment and a $5 million fine.


Finding the Best Path Forward: FDA’s Norman Birenbaum Talks Hemp-Derived Product Regulation

Finding the Best Path Forward: FDA’s Norman Birenbaum Talks Hemp-Derived Product Regulation

The FDA’s senior public health adviser discusses the agency’s recent announcement that Congress must establish a new regulatory framework for hemp-derived products—and what comes next.


Federal Judge Upholds Block on Certain New York Cannabis Licenses

Federal Judge Upholds Block on Certain New York Cannabis Licenses

In five regions across the state, don’t expect licenses to be issues anytime soon.


US Representative Reintroduces Legislation to Reschedule Cannabis

Rep. Greg Steube has reintroduced the Marijuana 1-to-3 Act, which would reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act.


13 States That Could Legalize Cannabis in 2023

13 States That Could Legalize Cannabis in 2023

We're rolling out the official CBT crystal ball and taking a shot at which states will enact cannabis reform this year.


‘Absolutely Worth It:’ Inside Mississippi’s Medical Cannabis Sales Launch

‘Absolutely Worth It:’ Inside Mississippi’s Medical Cannabis Sales Launch

Leanne Penn, co-owner of The Cannabis Company, which made the first sale in the state, and Melvin Robinson, executive director of the Mississippi Cannabis Trade Association, share insight into the newest operating medical market in the country.


Study Finds THC-O Acetate Could Cause Another EVALI Outbreak

The first EVALI outbreak occurred in 2019 after the CDC reported 2,800 cases and 68 deaths related to vape products from the illicit market.


Tonik’s Guide to Exponential Growth as a Small Business in Canada’s Adult-Use Market

Tonik’s Guide to Exponential Growth as a Small Business in Canada’s Adult-Use Market

Anthony Horvath, owner of Tonik, shares insights into how the company has grown roughly every month since opening, despite an increase in competition.


‘Progress, Not Perfection:’ Lilach Mazor Power Reflects on Her Role as Board President of the Arizona Dispensaries Association

Power, founder and CEO of Giving Tree Dispensary, reflects on the current state of Arizona’s cannabis market and what’s to come for business operators this year.


Akerna to Sell Off Cannabis Software Business to POSaBIT for $4 Million in Cash

The seed-to-sale software provider is moving into the bitcoin space.


Will Crystallization Technology Disrupt Traditional Extract Refinement?

Will Crystallization Technology Disrupt Traditional Extract Refinement?

The Controlled Crash Method addresses the common terpene degradation issue by using cold temperatures to separate and purify compounds.


FDA Calls for Congress to Regulate CBD

The federal agency said it does not plan to pursue rulemaking allowing for the use of CBD in dietary supplements, conventional foods, or animal products.


3 Tips for Cannabis Brands and Retailers to Prepare for the Year’s Top Sales Days

3 Tips for Cannabis Brands and Retailers to Prepare for the Year’s Top Sales Days

By avoiding stockouts, presenting buyers the right product assortment, and offering value-add discounts, cannabis companies can thrive in the highest volume times of the year.


Curaleaf Announces Closure of Operations in California, Colorado, Oregon

The proactive exit will generate additional cash and improve margins in a non-SAFE Banking environment; 2023 free cash flow is expected to exceed $125 million.


The Botanist Puts Consumer Education at the Forefront: The Starting Line

The Botanist Puts Consumer Education at the Forefront: The Starting Line

Kate Nelson, the senior vice president of Acreage’s Midwest & Northeast Regions, shares insight into the company’s adult-use launch in Connecticut under The Botanist brand.


FDA Issues Final Guidance for Clinical Research on Cannabis

The nonbinding recommendations cover clinical research associated with the development of drugs that contain cannabis or cannabis-derived compounds.


9 Tips for Getting Your Business Cash-Positive in 2023

At Cannabis Conference 2022, Colin Kelley, operating partner for private equity fund Merida Capital Holdings, moderated an open dialogue with three seasoned cannabis operators to gather insights on how they've avoided–and learned from—common, costly missteps and built a profitable business.


Marijuana Policy Project Announces the Addition of Four New Members to Board of Directors

The new appointments to MPP's now nine-member board of directors include Betty Aldworth, Kim Napoli, Tom Roth and Barrington Rutherford.


Genetics Storefront Opens Doors in Chicago After DEA Deems Cannabis Seeds Legal

Genetics Storefront Opens Doors in Chicago After DEA Deems Cannabis Seeds Legal

MoneyTree Genetics is selling seeds and clones to the public and to Illinois cannabis businesses and patients enrolled in the state’s medical cannabis program.


New York’s Second Adult-Use Cannabis Dispensary Expected to Open Jan. 24

Smacked LLC, owned and operated by an entrepreneur previously criminalized by cannabis prohibition, will open Jan. 24 in Manhattan.