LATEST ARTICLES

Update: Cannabis Event Changes and Cancellations Due to Coronavirus

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As the Coronavirus (COVID-19) outbreak continues to spread across the globe, there have been over 118,000 cases and more than 4,000 deaths attributed to the virus. Of the nearly 1,000 confirmed cases in the United States, thirty have thus far been fatal. In response to the pandemic, many governments and companies have been closing tourist attractions and cancelling events...

Social Media Marketing: How Cannabis Companies Reach the Masses

div.td-post-featured-image {display: none !important} The late, great screenwriter and novelist William Goldman famously quipped, “Nobody knows anything... Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” Much the same is true with social media marketing: Nobody knows anything, and...

Slow but Significant Progress: Update on 3 Catalyst Cannabis Lawsuits

Scales of justice, hammer, gavel, and legal files on a judges desk for glass house brands catalyst lawsuits
LOS ANGELES – As the saying goes, “the wheels of justice grind slowly, but they do grind.” While the saying is usually applied to criminal cases, the same is true of civil litigation, including three lawsuits involving Catalyst Cannabis, the company’s chief executive officer, and associated entities 562 Discount Meds, South Cord Holdings (SCH), and HNHPC Inc. In a sense,...

Resolving the Industry’s Tech-Stack Connectivity Issue

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Unscalable. Clunky. Siloed. That’s how many users describe today’s cannabis technology stacks. The reason? Cannabis-specific software-as-a-service (SaaS) platforms suffer from poor connectivity with one another, making it difficult for businesses to create interapplication workflows or solutions that require multiple third-party systems. Today’s businesses require fast, reliable, and compliant tech-stack connectivity. But with the industry still in its infancy, there’s a...

Disbarred Lawyer Cons Investors Out of $18 Million

Hemp farm where lawyer conned investors out of $18 million
BEVERLY HILLS, Calif. – A disbarred lawyer with multiple previous fraud convictions admitted to bilking investors out of $18.4 million to fund a nonexistent hemp farm, infused retail products, and a bottling business. The schemes were just the latest in Mark Roy Anderson’s conman career, which has spanned more than three decades. Anderson, 69, pleaded guilty to two counts of wire...

Delinquent Payments Topped $3.8 Billion in 2023

business man struggling to collect money from a trap
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research consultancy Whitney Economics. Worse, according to its U.S. Cannabis Delinquent Payments Report, the firm expects delinquent bills to top $4.2 billion this year unless regulators step in to stem the rising tide of debt. In 2023’s...

CAA Manitoba Survey Reveals Alarming Data on Cannabis-Impaired Driving

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WINNIPEG, MB - CAA Manitoba (CAA MB) is encouraging Manitoba drivers to remain vigilant this month by driving responsibly – and sober. In a recent survey conducted by CAA Manitoba, alarming data highlights concerns related to cannabis-impaired driving, particularly involving edibles. Key findings from the 2023 survey found that since legalization, a third of impaired drivers (27 per cent) in Manitoba have...

Hemp Beverage Alliance Announces Board of Directors

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DENVER — The Hemp Beverage Alliance announced the formation of its inaugural board of directors. "The Hemp Beverage Alliance is honored to have the strongest leaders in the industry on our board. Each one of them is committed to creating a safe, transparent and thriving hemp beverage industry, and elevating the category into the mainstream," said Christopher Lackner, president and...

Congressional Leaders, Social Justice Advocates Call for Cannabis Decriminalization during Cannabis Summit

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WASHINGTON – Last Prisoner Project (LPP) has mobilized the largest coalition of bi-partisan cannabis advocacy, industry, and grassroots organizations, as well as individual activists to convene in Washington D.C. on April 18, 2024, for a 420 Unity Day of Action. A number of lobbying events have been planned to apply public pressure on Congress and the President to take action to fully...

Joe Hodas to Succeed Nancy Whiteman as CEO of Wana Brands

Joe Hodas
BOULDER, Colo. – Nancy Whiteman, co-founder and CEO of Wana Brands, Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, "Wana") will be stepping down from her day-to-day role at the end of May 2024 to pursue philanthropic activities and other interests. This move follows an incredible founder story that saw Wana rise from a kitchen creation...

TYSON 2.0 Expands European Footprint

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ORANGE COUNTY, Calif. -- TYSON 2.0, the premium cannabis brand of legendary boxer, entrepreneur, and advocate Mike Tyson, and Carma HoldCo Inc announced they have teamed up with PHCANN International (PHCANN), a leading multinational pharmaceutical company committed to providing high-quality cannabinoid-based products worldwide, to exclusively cultivate, manufacture and distribute TYSON 2.0 branded THC products such as flower, concentrates and consumables across Germany and...

IMC to transfer Oranim Pharmacy shares back to seller

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TORONTO and GLIL YAM, Israel -- IM Cannabis Corp, a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51%...