BioTrackTHC

This week, cannabis news was dominated by two big acquisitions. The largest was announced by U.S. vertically integrated multistate cannabis operator Curaleaf Holdings, Inc. (OTC: CURLF), which said it would buy Cura Partners, owners of the Select cannabis brand, for approximately $950 million in...

BioTrackTHC, a subsidiary of Helix TCS Inc. (OTC: HLIX) has been announced as the conditional winner of the Maine Seed-to-Sale Marijuana Tracking System contract. What To Know In February, the Department of Financial and Administrative Services notified the public of their intent to enter into a...

The cannabis world received mixed news last week. On the one hand, the House Financial Services Committee voted in favor of a bill that would allow marijuana businesses to work with banks and credit unions, the SAFE Banking Act, allowing it to advance to the House floor. On the other hand, the...

The U.S. is the largest and fastest-growing cannabis market in the world. The plant is approved for medical use in 33 states and Washington, D.C., and 10 states including the district have fully legalized marijuana. Efforts to legalize weed to some degree are ongoing in a number of other states....

The first recreational cannabis sales were made in  Massachusetts this week, although only two stores — New England Treatment Access, or NETA, in Northampton and Cultivate Holdings in Leicester — were allowed to service customers. “Tuesday was another...

A new report by Cannabiz Media names the most popular point-of-sale systems in the cannabis industry. The company surveyed almost 1,500 marijuana dispensaries and retailers across the U.S., or around half the total licensed market in the country. Cannabiz Media's results show that...

Tilray Inc (NASDAQ: TLRY) dominated news in the cannabis sector this week after its stock went on a wild rollercoaster ride. Even talk about The Coca-Cola Co (NYSE: KO) exploring entry into the marijuana industry took a back seat to the action in Tilray’s shares. The company’s...

It was another extremely busy week for the cannabis industry. Voters in Oklahoma chose to legalize medical marijuana, becoming the 30th U.S. state to do so; GW Pharmaceuticals (NASDAQ: GWPH) got the first-ever FDA approval for a cannabis-based drug; Ice Cube’s Big3 basketball league...

In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language. “It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It...

The Great Lakes State has the second-largest medical marijuana patient base in the country, trailing only gigantic California. A shift in Michigan's medical marijuana market is no small event. Major legal weed markets have opened up on the West Coast — California, Washington, Oregon,...