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Canada legalized recreational cannabis in October 2018 via the Cannabis Act and allowed the cultivation, production, import, export, distribution, purchase, sale and consumption of recreational cannabis by legal adults. The country’s cannabis industry reached $4.4 billion in value in 2...
The Federal Census Bureau has unveiled its inaugural report on state-level cannabis tax revenue data . The report reveals that states raked in more than $5.7 billion from regulated marijuana sales over the span of 18 months, starting in July 2021 and ending in December 2022. This report's launch...
2023-10-11 21:00:00 ET In Canada’s industrialized economy, growth investors expected cannabis stocks to deliver explosive returns post the legalization of marijuana on October 17, 2018. Many pinned their hopes on presumed industry titan Canopy Growth ( TSX:WEED ). Unfortu...
California legislators have approved a series of marijuana-related bills in their just-concluded session. The bills cover various aspects of the industry and have garnered significant attention, particularly from industry professionals. During the session, several cannabis-related laws were int...
TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, is pleased to announce its Spinach® brand won “Best Pre-Roll” at the Grow Up Awards this past Sunday for its Spinach ...
2023-10-02 08:45:32 ET Palm Beach, FL – October 2, 2023 – FinancialNewsMedia.com News Commentary – The global cannabis markets has been growing in recent years and is expected to continue through this decade. Marijuana legalization is gaining momentum across...
A committee within the NCAA has officially recommended removing cannabis from the list of prohibited substances for college athletes. The Committee on Competitive Safeguards and Medical Aspects of Sports (CSMAS) reached this conclusion following a recent meeting, urging all three governing bo...
The Minnesota Supreme Court has established that the mere presence of a cannabis scent does not, by itself, provide sufficient grounds for law enforcement officers to conduct a vehicle search. The ruling stemmed from an incident that occurred during a traffic stop in Meeker County in 2021 whe...
TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it shipped its first order of bulk cannabis, which will be sold under the PEACE NATURALS® brand in Germany. In July, Cronos si...
Results from a recently released poll show that most of the voters in Ohio are in favor of a recreational cannabis legalization measure that is set to appear on ballots in November. The poll, which was conducted by Fallon Research, determined that 59% of voters in the state supported the measur...
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A recent study highlights that more than 20% of patients visiting orthopedic surgeons for chronic musculoskeletal (MSK) pain have turned to marijuana for relief . Among these individuals, nearly two-thirds found marijuana to be somewhat effective, and more than 90% reported at least slight effec...
TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 second quarter earnings conference call on Thursday, August 8, 2024 at 8:30 a.m. ET. Cronos’ senior management team will discus...
TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting i...