Sales of adult-use cannabis in Illinois totaled more than $37 million in April as recreational marijuana retailers enjoyed status as essential businesses in the face of the ongoing coronavirus pandemic. Officials with the Illinois Department of Financial and Professional Regulation (IDFPR) announced on Monday that preliminary figures for adult-use cannabis retail sales came to $37,260,497.89 in April, the fourth month of the state’s newly legal recreational marijuana industry.
The U.S. Department of Agriculture (USDA) recently released guidelines for processing federal loans for the hemp industry. Since hemp was federally legalized under the 2018 Farm Bill, it is now considered an agricultural commodity like any other crop...
Legalization advocates have long argued that marijuana represents a potentially effective treatment option for chronic pain and could serve as an alternative to opioid-based painkillers—and according to a new scientific meta-analysis, they may be onto something.
Cresco Labs has announced non-dilutive debt financing of US$100 million, with an option to increase to US$200 million.
InMed Pharmaceuticals has isolated the rare cannabinoid, cannabinol, in two cannabinoid-based drugs currently in clinical trials.
The U.S. Food and Drug Administration is claiming that CBD poses significant risks to the human liver. Nonsense.
As Canadian cannabis retailers gather momentum, Choom Holdings provides investors with a very attractive value proposition.
Aphria disappointed slightly on Q2 revenue and its stock is trading lower. Investors may see a buying opportunity here.
Fire & Flower Holdings is Canada's new retailing leader in stores as it reports opening its 46th cannabis store.
The Food and Drug Administration (FDA) recently announced a policy change that will expedite the marketing of marijuana testing devices if they’re used for certain purposes.