Charlotte's Web Hires New Chief Operating Officer
Charlotte's Web Hires New Chief Operating Officer

Leading cannabidiol (CBD) products maker Charlotte's Web today named David Panter, the former vice president of global supply chain at Estée Lauder Company, as its new chief operating officer.

NCIA Reschedules San Francisco Business Summit
NCIA Reschedules San Francisco Business Summit

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.

Amid Coronavirus Pandemic, Mass. Cannabis Companies to Produce Hand Sanitizer
Amid Coronavirus Pandemic, Mass. Cannabis Companies to Produce Hand Sanitizer

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.

Recreational Cannabis Shops Ordered to Close in Massachusetts
Recreational Cannabis Shops Ordered to Close in Massachusetts

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.

Cannabis Firms Respond to Coronavirus Pandemic
Cannabis Firms Respond to Coronavirus Pandemic

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.

The Impact of Coronavirus on Cannabis
The Impact of Coronavirus on Cannabis

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?

Congressional Committee Advances Cannabis Bills for Veterans
Congressional Committee Advances Cannabis Bills for Veterans

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.

Several Cannabis Industry Events Halted Due to Coronavirus Concerns
Several Cannabis Industry Events Halted Due to Coronavirus Concerns

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).

Sen. Mike Crapo Again Asked to Advance SAFE Banking Act
Sen. Mike Crapo Again Asked to Advance SAFE Banking Act

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.

Canopy Growth to Shutter 2 Indoor Growing Facilities, Cut 500 Jobs
Canopy Growth to Shutter 2 Indoor Growing Facilities, Cut 500 Jobs

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.

Cresco Labs Co-Founder Joe Caltabiano Resigns
Cresco Labs Co-Founder Joe Caltabiano Resigns

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.

CBD is Booming, But Industry Players Face Legal and Efficacy Challenges
CBD is Booming, But Industry Players Face Legal and Efficacy Challenges

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.