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Cannabis Stocks Sink Amid Broader Market Decline And Election Jitters
Thursday, October 31, 2024 - 2:52pm | 559Cannabis stocks are experiencing notable declines this Thursday, aligning with a general downturn across major economic indices. At the time of publication of this article, the S&P 500 index was trading down by 1.62%, the Nasdaq 100 by 2.44%, and the Dow Jones Industrial Average (DJIA) showed a...
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Costa Rica Aims To Expand Hemp Sector With 57 Licenses And University Research—But Is Still Far From Its Target
Thursday, October 31, 2024 - 12:10pm | 493The hemp industry is advancing in Costa Rica. Between November 8, 2022 and September 3, 2024, the Ministry of Agriculture and Livestock (MAG) issued 57 licenses for hemp cultivation and derivative production. Each license is valid for six years. According to MAG data, these hemp licenses are...
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Trump, Harris And Cannabis Stocks: Are Election Results Already Priced In?
Wednesday, October 30, 2024 - 9:17pm | 1527The U.S. heads into another historical election, the outcome of which will have an effect on cannabis stocks. With both major candidates, Donald Trump and Kamala Harris, supporting cannabis reform, investors are closely watching the sector. These past few days, volatility has taken the stage as...
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EXCLUSIVE: How Hemp Certifications Bridge Regulatory Gaps While Debunking Myths
Monday, October 28, 2024 - 11:45am | 859The U.S. Hemp Authority (USHA) certification program aims to become a cornerstone of hemp industry standards, providing self-regulatory practices to an industry that has been at the center of a multidimensional debate. The program focuses on safety, labeling and quality control – all aspects...
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Federal Govt. Awards $19.6M To Hemp Cultivation Initiative For Climate-Smart Water, Soil, Wildlife Conservation Effort
Friday, October 25, 2024 - 1:41pm | 568The National Hemp Association (NHA) has been awarded $19.6 million by the United States Department Of Agriculture (USDA) to lead a pioneering project. The project aims to protect the Chesapeake Bay Watershed through climate-smart industrial hemp cultivation. This initiative, funded by the USDA's...
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EXCLUSIVE: Cannabis Leaders Focus On 'Top Shelf' Quality By Balancing Innovation, Branding, IP Protection
Friday, October 25, 2024 - 9:27am | 809The cannabis industry continues to evolve, and a significant challenge for businesses is how to deliver top-shelf quality products without driving up costs. This issue is tightly linked to concerns over gross profit margins (GPM), manufacturing processes, intellectual property (IP), and the...
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Florida Sheriff Backs Cannabis Legalization Amendment: 'I'm A Conservative With Strong Faith And Family Values'
Wednesday, October 16, 2024 - 4:38pm | 600As Florida gears up for a monumental vote in November 2024, Amendment 3, which would legalize recreational cannabis use, is gaining significant support from key voices. One who has just joined the chorus is Gordon Smith, the Sheriff of Bradford County, a region in North Central Florida with a...
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Curious About Cannabis Edibles? Fed Health Agency Funds Project To Study Use Among Young Adults
Monday, October 14, 2024 - 8:36pm | 491Washington State University (WSU) researchers have received a $670,000 grant from the National Institutes of Health (NIH) to tackle cannabis misuse among young adults. The project, led by Stacey Hust and Jessica Willoughby, will focus on educating college students in three states where cannabis is...
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Experts Link Florida's Cannabis Legalization Effort To 'Monopolistic Goals,' Offer A Blueprint For Hemp Regulation
Monday, October 7, 2024 - 2:27pm | 916Zuanic & Associates hosted an online panel, “The Hemp Derivatives Advocates” that brought together key players in the hemp industry to discuss the regulatory challenges around hemp-derived products. In the midst of this national discussion, Christopher Lackner, president of the Hemp...
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A Launch For Nostalgic Metalheads, Pantera Guitarist Dimebag Darrell's Cannabis Legacy Strain Is Here
Friday, October 4, 2024 - 1:27pm | 424Cannabis enthusiasts and heavy metal fans have something new to look forward to. Dimebag Darrell's Cannabis From Hell, a cannabis line honoring the late Pantera and Damageplan guitarist, is hitting the market with its debut product, Pinteras. These limited-edition pre-rolled pinners are crafted in...
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California Police Seize $2.3M In Unlicensed Cannabis And Pesticides
Wednesday, October 2, 2024 - 3:28pm | 454The seizure, which included 2,652 plants, occurred during an enforcement operation in an Oakland neighborhood. The operation, led by the Department of Cannabis Control (DCC), was part of California’s ongoing efforts to combat unlicensed cannabis operations, according to an official statement...
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SEC-Approved Cannabis Lender Acquired By Investment Giant, Changes Ticker To $LIEN
Tuesday, October 1, 2024 - 5:54pm | 432Investment manager fund Chicago Atlantic recently acquired Silver Spike Investment Corp. (NASDAD: SSIC), the only SEC-approved business development company (BDC) focused on lending to the cannabis industry. As a result, Silver Spike has been renamed Chicago Atlantic BDC, Inc., and its ticker symbol...
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Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan
Tuesday, October 1, 2024 - 5:02pm | 373TerrAscend Corp. (OTC:TSNDF) cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay...
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Pharma Company Gets FDA Green Light For Next Phase Trial For Tourette Syndrome
Monday, September 30, 2024 - 8:09pm | 469SciSparc Ltd.(NASDAQ:SPRC), a clinical-stage pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) has approved its investigational new drug (IND), which enables the company to proceed to Phase IIb clinical trial for its medication to treat Tourette Syndrome (TS). This...
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Trump Vs. Google: Former President Alleges Search Engine Bias, Says 'It's Only Showing Bad Stories About Him'
Saturday, September 28, 2024 - 11:45am | 553Former President Donald Trump has hinted at possible legal repercussions for Google, accusing the tech behemoth of meddling with the forthcoming election by skewing search results. What Happened: Trump has alleged that Google was intentionally showcasing negative stories about him while...