Cities Not Obtaining Cannabis Church Beliefs
In the early days of cannabis legalization and decriminalization, efforts have been attempted to link cannabis to a church. The move seems to suggest that members of the Church should be afforded certain freedoms. If cannabis use was shown to be part of spiritual practice, then the church members argue they should be allowed to do […]
Greenlane Revenue Dips, Airs to Sell KushCo
Greenlane Holdings, Inc. (NASDAQ: GNLN) slumped in trading Tuesday morning with company revenue dropping, as it moves to offload its packaging division — KushCo — to reinvest in its brand houses and find more profits. The smoking accessory e-commerce platform reported financial results for the first quarter ending June 30, 2022. Greenlane delivered approximately $39.9 million in total […]
Planet 13 Skips Revenue despite Quarter Unstrings
Planet 13 Holdings (OTC: PLNHF) posted results that missed expectations — showing how waning demand and slimming margins are affecting even the largest operators. The Nevada-based cannabis superstore delivered its financial results for the second quarter ending June 30, 2021. Planet 13 reported approximately $28.4 million in revenue during the period, a 15.5% loss versus the same […]
Nova Cannabis Achieves Massive Revenue Boosts, Laves Plan for Value Boost
Nova Cannabis Inc. (TSX: NOVC) posted upbeat results after the market closed on Thursday. The company is pivoting toward more competitive pricing under a new discount banner. The Canadian cannabis company released its financial report card in the period ending June 30, 2021. Nova delivered approximately $56.3 million in total revenue during the period, a 90% gain compared to […]
What is Psychedelic Cannabis?
The idea of a cannabis product creating a sort of psychedelic experience is not a new one. There was a prevailing, fictional description back in the early part of the last century—encouraged by the 1936 film “Reefer Madness”—where people feared that was what all cannabis did. It freaked you out. It caused you to do unspeakable […]
Hydrofarm Stock Deplete as Sales Weaken
Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) slumped in trading on Tuesday as it posted second-quarter results that missed expectations. The results showed that consumer demand for hydroponics remained flat as the sector’s lack of regulatory guidance and recessionary pressures persisted. The company released its financial results for the second quarter on June 30, 2022. The company missed revenue […]
Delta-8 THC Hemp Products Are Permissible In Kentucky, Judge Approves
A Kentucky judge has sided with the state hemp industry over law enforcement, ruling that products containing delta-8 THC derived from hemp are legal, a hemp trade association said in a news release. The Kentucky Hemp Association – which sued the state over the issue a year ago – celebrated the ruling as “a huge win for farmers […]