pot

President Joe Biden announced the largest single-day act of clemency by a U.S. president, commuting the sentences of nearly 1,500 individuals and pardoning 39 others convicted of nonviolent offenses. The measure, announced on Thursday, comes two weeks after after Biden pardoned his son, Hunter...

Ron DeSantis' campaign director is spearheading a campaign to legalize recreational marijuana, a move that sharply contrasts with the Florida Governor's own anti-marijuana stance. Ron DeSantis’ campaign director for the 2024 presidential bid is also spearheading a campaign to legalize...

Via El Planteo Snoop Dogg is perhaps one of the most famous rap artists of the contemporary era. Not only is he a musical genius, but he is also an actor, television personality and appears on various shows and networks around the world. The guy is nothing short of iconic. You'd be hard-pressed...

By Maria Loreto. This article was originally posted on The Fresh Toast. Is there really a difference? Everyone seems to be using the terms “cannabis” and “marijuana” interchangeably. And the word “hemp” is also rising in popularity. But does it matter which term...

As the cannabis industry keeps pushing forward, more companies are moving to list their stock on a major U.S. exchange like the NYSE or NASDAQ. The club, however, remains relatively small. Given the federal uncertainty that still surrounds cannabis in America and in most of the world, few cannabis...

This article was originally published on WeedWeek, and appears here with permission. Special Purpose Acquisition Companies, or SPACs, are having a moment in the cannabis industry. Last month Subversive Capital used the investment structure to launch a major California operator following...

This article was originally published on WeedWeek, and appears here with permission. The IRS has updated its guidance for cannabis operators, a move some in the industry view as a rare helping hand from the tax agency. The revised guidance, published Sept. 12, maintains that state-legal marijuana...

The U.S. Customs Operations Office recently seized a large shipment of marijuana that was concealed as broccoli at the border of Texas and Mexico. The total shipment is believed to be valued at more than $630,000. The pot was discovered on Saturday, May 16 at an international bridge in Pharr, Texas...

The food service industry is often touched by drug use, particularly at restaurants. While this is conventional knowledge, addressing the issue calls for clear stats and numbers. American Addiction Centers conducted a survey in which they asked food service industry workers questions about their...

Dutchie, a company that provides online cannabis ordering services, announced Wednesday that it has closed a $15-million Series A round led by Gron Ventures. The notable investors supporting Dutchie include Snoop Dogg's Casa Verde Capital, Sinai Ventures, DoorDash...

Cannabis company Tilray Inc. (NASDAQ: TLRY) announced Tuesday via an 8-K filing that it has signed a sales agreement with Cowen and Company, LLC, upon which the company can issue and sell shares via Cowen with a total offering price of up to $400 million...

Biotechnology company Can-Fite BioPharma Ltd. (NYSE: CANF) announced Tuesday it has partnered with the medical cannabis company Univo Pharmaceuticals to work on developing cannabinoid-based pharmaceuticals for treating cancer, autoimmune, metabolic and inflammatory diseases. The...

After a parabolic rally in 2018, the cannabis sector came has come back down to earth in 2019. Here's a look at some of the main players in the space, which started perking up again this week. Tilray (NASDAQ: TLRY) blasted to $300 in September 2018 and traded down to $25.15 earlier this week....

Tilray Inc (NASDAQ: TLRY)'s meteoric rise immediately after its July 2018 IPO wowed analysts and investors alike. From an IPO price of $17, the stock rose to an intraday high of $300 on Sept. 19, an astronomical gain of about 1,700% from the offer price. Since topping out at $300, the stock has...

Anderson Economic Group's AndCan Index reported increases in legal monthly marijuana demand for the United States on Tuesday. Demand rose in June by 1.7%, the firm said.  AEG's AndCan Index, which launched in June 2017 and underwent data improvements for its March 2019 benchmarked data...