Author: Jelena Cikes
About the author
Jelena Cikes
Writer and journalist specialized in financial markets and American politics. Pop culture aficionado, travel junkie, YouTube devotee.
Federal investigators looking into cause of fire at L.A. smoke shop
Authorities in California launched an investigation into the explosion that occurred at Smoke Tokes in downtown Los Angeles over the weekend. Smoke Tokes, whose warehouse and distribution center are located in L.A.’s Toy District, is...
Surge in lockdown cannabis sales boosted Aurora’s earnings, but was short-lived, says CEO
The surge in marijuana purchases ahead of the COVID-19 lockdown in Canada has helped Aurora Cannabis’s fiscal third-quarter earnings, but has since come to pass, according to the company’s interim CEO Michael Singer. Aurora posted...
Study says 19 is optimal age for allowing legal cannabis use
A new study suggests 19 is the ideal minimal legal age for consuming non-medical cannabis, as is the case already in most Canadian provinces. The study which was conducted by researchers at the Memorial University...
House Dems include banking for cannabis companies in $3 trillion relief bill
After failing to be included in the first coronavirus relief bills, marijuana companies have something to look forward to in the next proposed federal stimulus. The bill unveiled by House Democrats earlier this week is...
Tilray CEO warns many cannabis companies face bankruptcy
Against the backdrop of earnings season and the global coronavirus pandemic, the chief executive officer of Tilray warns that at least a dozen cannabis companies are poised to declare bankruptcy. In an interview with BNN...
NYC ban on pre-employment marijuana testing takes effect
A ban on employers requiring candidates to undergo marijuana testing as part of the hiring process took effect this week in New York City. The bill, which was approved last year by the City Council...
States makes push to regulate CBD in food with no FDA policy in sight
Nearly a year and a half after the U.S. legalized hemp via the 2018 Farm bill, the Food and Drug Administration (FDA) still hasn’t hashed out regulation regarding the use of CBD in food. The...
California to launch organic cannabis certification program
Regulators in California have proposed rules for a statewide certification program for organic cannabis products under the name OCal. In order to be certified by the U.S. Department of Agriculture as organic, producers need to...