British Columbia collected a record amount of taxes from the sales of legal marijuana last December according to data from the province’s Ministry of Finance. As per Marijuana Business Daily, cannabis tax revenue in Canada’s...
Shortly following the release of Aurora Cannabis’s quarterly earnings, the company disclosed it is buying the U.S.-based CBD brand Reliva for $40 million. The $40 million all-stock purchase of Reliva will grant the Canadian cannabis...
As states move to reopen after the coronavirus shutdowns, dispensaries in parts of the country that failed to declare them essential businesses will also start serving their first in-person customers in weeks. In Massachusetts, where...
A new study conducted by researchers in Alberta, Canada, has yielded some interesting results concerning cannabis and the coronavirus. Namely, the study, although it has not yet been peer-reviewed, suggests cannabis extracts may help protect...
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...
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...
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...
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...
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...
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...
