Cannabis Industry News
A collection of Cannabis latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Innovative Industrial Properties: Cannabis Rescheduling Signals Tenant Risk Bottom (IIPR)
IIPR navigates ongoing tenant defaults and elevated AFFO payout ratio, with the management funding dividends through stock issuance and debt amid deteriorating balance sheet. Recent federal medical cannabis rescheduling offers potential bottom-line…
Aurora Cannabis Inc. stock rises Wednesday, outperforms market
Shares of Aurora Cannabis Inc. ACB rose 2.91% to $3.54 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.02% to 25,838.94 and the Dow Jones Industrial Average…
Nearly 5,000 cannabis plants worth millions found in industrial unit
Nearly 5,000 cannabis plants worth millions of pounds have been discovered inside an industrial unit in Nottinghamshire. Just over 4,800 plants, all at varying stages of maturity, were found by police inside a disused unit in Botany Avenue…
Moment Brit couple arrested at airport 'smuggling £280k of cannabis to UK
THIS is the moment when alleged Brit drug mules Holly Cooper and Taylor Johnson were arrested carrying £280,000 worth of cannabis back to the UK. Video footage taken by Turkish customs officer shows the couple being ordered to remove their…
India Drug Seizures: Cannabis And Opium Lead In 2024
New data reveals that cannabis and opium derivatives continue to be the most seized drugs in India, with significant quantities confiscated in 2024. Cannabis-based drugs accounted for the largest share of drug seizures in India, with over 5.37 lakh…
High and Dry: How much water does Arizona-grown cannabis use?
Growing weed in Arizona requires an estimate of 1.5 billion gallons per year. On the low end, this number can reach 600 million gallons. As it currently stands, cultivation sites are not legally required to report water usage, along with a lack of…
Is Tilray the Best Value Play in the $7.4 Billion Cannabis Beverage Market?
Although cannabis stocks have not performed well over the past five years, there is still some hope left for the industry. According to some projections, the market will continue to expand in the coming years, especially in North America. And it…
D.C.'s new hangouts don't serve alcohol - they serve cannabis
D.C. dispensaries are starting to feel less like retail counters and more like lounges or wellness retreats, thanks to evolving rules that allow on-site consumption and social experiences beyond buying bud. Why it matters: The city's cannabis…
Teens View Cannabis as Less Harmful Than Alcohol, Vapes and Cigarettes
Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert…
Two men arrested after £100,000 cannabis farm discovered during raid
Two men have been arrested and charged after a cannabis farm worth more than £100,000 was uncovered during a raid in Sheffield. Officers from South Yorkshire Police 's Ecclesfield and Shiregreen Neighbourhood Policing Team, alongside…
Midlands man among six charged after 'multi-million pound cannabis farm' raided
A man from Smethwick is among six charged after a huge 'multi-million pound' cannabis farm was raided. Police said just over 4,800 plants were uncovered inside a disused industrial unit on Sunday, May 3. The plants, which were at varying stages of…
Jim Dey | Lawsuit challenges clams that cannabis has positive health impacts
On Jan. 1, 2020, Gov. J.B. Pritzker and state legislators celebrated the legalization of cannabis for recreational purposes as a means of collecting millions of dollars in new revenue and instilling fairness in the criminal justice system. Since…
Cannabis Store Employee Sexually Assaulted During Robbery: Police
- Cannabis Store Employee Sexually Assaulted During Robbery: Police A 33-year-old Winnipeg man is facing sexual assault charges after allegedly locking himself inside an Isabel Street cannabis store with a lone female employee and sexually…
FBI Raids VA Dem Leader's Office As Part Of Corruption Probe
The FBI raided the office of Virginia's Democrat Senate president pro tempore on Wednesday as part of what sources reportedly say is a “major corruption probe.” According to Fox News' Bill Melugin, the federal agency executed…
Green Thumb Sales Climb After Entering Minnesota
Green Thumb Industries got a revenue boost in the first quarter by starting to sell recreational pot in Minnesota, offsetting a pullback in prices and higher competition in other markets. The second-biggest U.S. cannabis company by market…
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