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Current news, information and legal advances in the world of CBD.

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News

The Cannabis Industry Sees Record Growth Despite Continuous Obstacles

The Cannabis Industry Sees Record Growth Despite Continuous Obstacles

Worth an estimated $54 to $67 billion, the bourgeoning U.S cannabis industry continues to grow at record pace despite conflicting state and federal laws that cause obstacles at every turn. This conflict remains a source of uncertainty for retailers, cultivators and...

Aphria & Tilray Merger Creates World’s Largest Cannabis Company

On December 16, 2020, Aphria Inc. (TSX: APHA and Nasdaq: APHA) announced a merger with Tilray, Inc. (Nasdaq: TLRY), creating the world’s largest cannabis company. The two Canadian companies combined have an equity value of $3.9 billion. Following the news of the...

Aphria & Tilray Merger Creates World’s Largest Cannabis Company

Aphria & Tilray Merger Creates World’s Largest Cannabis Company

On December 16, 2020, Aphria Inc. (TSX: APHA and Nasdaq: APHA) announced a merger with Tilray, Inc. (Nasdaq: TLRY), creating the world’s largest cannabis company. The two Canadian companies combined have an equity value of $3.9 billion. Following the news of the...

Washington Lab Shut Down for Falsifying Test Results

Washington Lab Shut Down for Falsifying Test Results

In a press release sent out earlier this month, the Washington State Liquor and Cannabis Board (WSLCB) announced they have shut down Praxis Laboratory for falsifying test results. The WSLCB, the state regulatory agency overseeing Washington’s cannabis industry, said...

The 2020 Global Cannabis Regulatory Roundup

The 2020 Global Cannabis Regulatory Roundup

As a strange year heads to a final, painful finish, there have been some major (and some less so) changes afoot in the global world of cannabis regulation. These developments have also undoubtedly been influenced by recent events, such as the recent elections in the...

MORE Act Passes the House – Is Legalization Around the Corner?

MORE Act Passes the House – Is Legalization Around the Corner?

On Friday, December 4, 2020, the US House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the MORE Act), which would effectively legalize cannabis by removing it from the Controlled Substances Act. The bill (H.R. 3884) has...

Kennebec Analytical Acquires Cannabis Testing Laboratories

Kennebec Analytical Acquires Cannabis Testing Laboratories

According to a press release sent out last week, Kennebec Analytical Services (KAS) announced that they have acquired Cannabis Testing Laboratories (CTL), which was previously owned by Doane University. KAS is based in Lincoln, Nebraska and provides testing services...

Congress Passes MORE Act

Congress Passes MORE Act

A little over a year ago, the House Judiciary Committee approved the Marijuana Opportunity Reinvestment and Expungement (MORE) Act by a 24-10 vote, marking the first time in history that a congressional committee approved a bill to legalize cannabis. Fast forward a...

Analysis of 2020 Ballot Measures

Analysis of 2020 Ballot Measures

November 3 was a historic night for legalization across the country. Only a decade ago, cannabis was illegal for nonmedical use in all 50 states. Now, the tide has turned, and every presented cannabis-related initiative has passed, pushing the U.S. adult use cannabis...

Legal

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