Join Sarah Lee Dobbs for this weeks latest industry updates in the Cannabis Sector.
That vape pen or jar of cannabis flower you hold in your hand might seem far removed from the world of international trade, but both come preloaded with President Trump’s new tariffs on Chinese-made goods.
Prosecutors filed more than 40 felony charges against Shangra-La Care Cooperative board president and co-founder Jeffrey Kroll in 2016 after a series of raids, months before California voters legalized recreational marijuana.
Illinois became the country’s first state to legalize recreational marijuana cultivation and sales through its Legislature, a landmark move that paves the way for the creation of one of the nation’s largest adult-use cannabis markets.
The Salt Lake Tribune reports that the price for landing a license to grow medical cannabis in Utah could cost $100,000 a year plus a $10,000 application fee, according to draft rules published in the Utah State Bulletin dated May 15.
Denver-based Medicine Man Technologies agreed to purchase Colorado’s largest outdoor cannabis grower as well as a local manufacturing and dispensary company, saying a new state investment law paved the way for the deals.
HempAmericana, Inc. an emerging leader in the CBD products market, is thrilled to announce a new Purchase Order with Eagle Hemp of Florida for more than $175,500.00 for delivery of bottled CBD Oil, with additional orders to come as part of an unbounded long-term supply relationship.
The Canadian Government is investing $24.5M into cannabis research to further advancements in cannabis medicine.