The industrial hemp market is gaining momentum worldwide, with Asia-Pacific (APAC) taking the lead. According to Technavio, the market is projected to grow by a staggering...
Category: Cannabis
Standard Wellness Locks $10 Million Credit Facility at Competitive 9.25% Rate
Standard Wellness Holdings, LLC, a multi-state cannabis operator, has successfully secured a $10 million credit facility to refinance high-cost debt and bolster its growth strategy. The...
Ascend Wellness Holdings Buys Back 11 Million Shares, Strengthening Market Position
In a bold move to enhance shareholder value, Ascend Wellness Holdings, Inc. (AWH) has repurchased 11 million shares of its Class A common stock, representing over...
High Tide to Open Two New Canna Cabana Stores in Alberta and Ontario
High Tide Inc., a cannabis retail giant, is set to wrap up 2024 with the opening of two new Canna Cabana stores. The company announced that...
Two Men Die After Using Bat Guano to Grow Cannabis
Two men in Rochester, New York, have tragically died after contracting a rare fungal infection linked to bat guano—commonly used as a fertiliser in cannabis cultivation....
21 Lessons Learned From Cannabis CEOs
Running a company isn’t for the faint-hearted in any sector. But when that company operates in the cannabis industry, the learning curve gets steeper. Even the...
High Impact, Low Risk: Why ESG Still Matters for Cannabis Companies
When the cannabis industry faces tightening budgets, environmental, social, and governance (ESG) initiatives are often among the first to be sidelined. But does that mean ESG...
Product Inversion: A Growing Concern in New York’s Cannabis Market
New York’s adult-use cannabis industry has achieved significant milestones since its launch in December 2022, but behind the billion-dollar sales projections lies a troubling issue: product...
Nebraska Supreme Court May Overturn Election Results Legalizing Medical Cannabis
A fierce legal battle in Nebraska could derail the overwhelming will of voters who approved medical cannabis legalization in the state’s November election. Despite Governor Jim...
Crossing Borders with Cannabis will leads to Heavy Fine according to the New System
Canada to implement a new system in which passengers and travellers who caught taking even small amount of Cannabis, Marijuana or similar products could have to...