Chris Furnari - Mar 27, 2020
The National Cannabis Industry Association (NCIA), a Washington D.C.-based trade group representing the marijuana sector, has pushed its annual business summit and expo back to September as a result of the coronavirus pandemic.
Chris Furnari - Mar 26, 2020
Several Massachusetts-based cannabis firms have stepped up to make thousands of gallons of much-needed hand sanitizer that will be donated to the Massachusetts Emergency Management Agency for distribution to hospitals throughout the Commonwealth.
Chris Furnari - Mar 24, 2020
Recreational cannabis dispensaries across Massachusetts have been forced to close their doors after Governor Charlie Baker issued an emergency order requiring all “non-essential” businesses to shutter until April 7, 2020 because of the coronavirus pandemic.
Chris Furnari - Mar 20, 2020
Nearly every major industry is feeling the ripple effects of the coronavirus pandemic, and responses from several notable cannabis firms are trickling in. As of press time, there were 255,305 confirmed and presumptive positive cases of COVID-19 worldwide and 10,444 deaths, according to Johns Hopkins University & Medicine.
Chris Furnari - Mar 18, 2020
The coronavirus is wreaking havoc on virtually every aspect of American life as federal and state officials work to limit the spread of the COVID-19 disease. So how has the cannabis industry been affected by the unprecedented measures being taken to combat the coronavirus across the globe?
Chris Furnari - Mar 13, 2020
The House Veterans’ and Affairs Committee approved a pair of bills Thursday that would increase access to medical marijuana for military veterans and expand research of medical-grade cannabis.
Chris Furnari - Mar 11, 2020
A growing number of high-profile cannabis industry events have been put on hold due to concerns over the spread of a novel coronavirus disease, COVID-19, which earlier today was classified as a global pandemic by the World Health Organization (WHO).
Chris Furnari - Mar 09, 2020
Sen. Mike Crapo (R-ID) is once again being urged to markup the Secure and Fair Enforcement (SAFE) Banking Act, this time by a coalition of banking associations from 49 states and Puerto Rico.
Chris Furnari - Mar 05, 2020
Yet another prominent publicly-traded cannabis firm is taking drastic measures to reduce costs and achieve profitability. After the market closed Wednesday, Canada’s Canopy Growth Corporation (TSX:WEED, NYSE: CGC), the world's largest cannabis company by market cap, announced plans to shutter two cultivation facilities and cut 500 jobs.
Chris Furnari - Mar 03, 2020
Cresco Labs co-founder Joe Caltabiano has resigned as president, the Chicago-based multi-state operator confirmed Tuesday. In a press release, Cresco Labs said co-founder and CEO Charlie Bachtell, along with other members of the company’s leadership team, would assume Caltabiano’s management responsibilities.
Justin Biel - Mar 02, 2020
Attempting to restrict Americans from using CBD is a “fool’s game,” according to FDA commissioner Stephen Hahn. Hundreds of companies aiming to capture a slice of a still-emerging category -- one that is defined by a murky regulatory framework and an immature body of scientific evidence -- have cropped up, infusing everything from beverages to bath bombs with CBD.