High prices, beating the black market, lack of education: “The European cannabis market has a long way to go” ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
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Wednesday, January 4, 2023
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Michael Sassano, Somai Pharmaceuticals:

High prices, beating the black market, lack of education: “The European cannabis market has a long way to go”

“A major benefit is that the European industry can learn from the work that has already been done in the United States. Still, these industries are two different worlds, and…

Pure Sunfarms

Village Farms commences shipping cannabis to Israel

Village Farms Internationa, through its subsidiary, Pure Sunfarms, commenced shipping cannabis products for the Israeli medical market under an exclusive three-year supply…

© Feelgoodsk Dreamstime.com

US (TN): "$5 million grant can make TSU the No. 1 hemp grower in the southeast"

Tennessee State University could help make the state a top hemp grower in the Southeast thanks to a $5 million grant that will go towards hemp research and provide support to…

© Andrey Metelev Dreamstime.com

New York and New Jersey cannabis regulators spar on twitter over which state’s legalization plan is better

New York and New Jersey cannabis regulators briefly sparred on Twitter on Tuesday over which state took a better approach to launching its adult-use cannabis market. But after…

© Andrii Zorii Dreamstime.com

Why are cannabis prices crashing?

The supply glut is the symptom, and until the industry recognizes and focuses on the cause, they won’t be able to arrest the problem. Every day for several weeks now, news…

© Igor Shapovalov Dreamstime.com

Why struggling cannabis companies may want to turn to a receivership

The cannabis industry in Oregon has been struggling in recent years. In addition to being impacted by inflation and an ailing economy, the vast overproduction of cannabis in…

© Krailas Yothayath Dreamstime.com

"Roman Abramovich secretly funded Curaleaf"

An offshore company controlled by Russian billionaire Roman Abramovich invested hundreds of millions of dollars into the U.S. cannabis industry and secretly funded top…
hd

© Kirill Vasilev Dreamstime.com

Massachusetts adult-use sales closing in on $4 billion

Adult-use cannabis sales in Massachusetts continue to stuff state coffers with cash from tax revenue. The Massachusetts Cannabis Control Commission reports that through Dec.…

30MHz declared bankrupt, curator 'optimistic about restart'

The sensor and data company 30MHz in Amsterdam, the Netherlands, was declared bankrupt on January 2. There are 22 people on the payroll at the company, which…

© Darren4155 Dreamstime.com

US (AZ): TILT Holdings pays down $7.5M in senior debt

TILT Holdings has retired US $7.5 million of its secured promissory notes in the fourth quarter and entered into amendments to the remaining senior secured promissory notes…

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Ben Arnet

FOHSE and Belushi farms 🚀🔥 first harvest of 2023. More to come.

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US (AL): County enacts medical cannabis ordinance

Medical cannabis business owners will need to stop by the Lauderdale County permit office before submitting their license application to the state after the board of…

Osram

Collaboration to develop wirelessly powered solutions for agricultural sensor applications

Energous Corporation and ams OSRAM have announced a collaboration on a wirelessly powered multi-spectral light sensor for Controlled-Environment Agriculture (CEA) and vertical…

© Nehru Dreamstime.com

MMJ dispensaries in Missouri still have the inside track on recreational sales

Recreational cannabis sales in Missouri are now just a little over a month away. For small business owners like J.C. Cirese, whose business, Doctor Smoke on Broadway, sells…

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