Marijuana company sued for not making customers high enough October 26, 2022 AggregatedNews Producers 0 Comments A California cannabis company is being sued by two local consumers for allegedly lying about the potency of its products. Jasper Centeno of Long Beach and Blake Wilson of Fresno filed a lawsuit in state court last week accusing DreamFields Brands of… Read More→
Cannabis: ‘The U.S. is a $100 billion opportunity,’ Tilray CEO says August 15, 2022 AggregatedNews Producers 0 Comments The U.S. market for cannabis is staggering, according to Tilray (TLRY) CEO Irwin Simon — even as it awaits a green light from Congress. "The U.S. is a $100 billion opportunity in cannabis," Simon told Yahoo Finance Live (video above).… Read More→
Curaleaf forced to remove thousands of medical marijuana products from NY dispensaries August 15, 2022 AggregatedNews New York, Producers 1 Comment Curaleaf, one of New York’s medical marijuana operators, has pulled tens of thousands of units of cannabis from dispensary shelves after the company switched to an unauthorized way of labeling potency that led patients to believe the marijuana they purchased was much… Read More→
MedPharm rebrands as Bud & Mary’s as it expands medical cannabis production in Des Moines June 16, 2022 AggregatedNews Iowa, Producers 0 Comments Five years after the Iowa Legislature approved the sale of medical cannabis products in Iowa, the number of registered cardholders, visits to dispensaries and sales have climbed — but at a much slower rate than in other surrounding Midwest states.… Read More→
Marijuana giant Curaleaf settles 10 lawsuits over wellness drops tainted with THC January 7, 2022 AggregatedNews Producers 0 Comments One of nation’s largest marijuana companies has settled 10 lawsuits over wellness drops it sold in Oregon that were contaminated with a jumbo dose of THC, the psychoactive ingredient in marijuana. Massachusetts-based Curaleaf has acknowledged that employees at a Portland facility… Read More→
Aurora Cannabis Sees a Path to Profitability. The Stock Trades Higher. September 30, 2021 AggregatedNews Producers 0 Comments Aurora Cannabis was rising Tuesday after fiscal fourth-quarter sales missed analysts’ estimates but the Canadian cannabis company said cost savings should “clear a path” for being adjusted Ebitda positive. Analysts at MKM Partners upgraded the stock to Neutral from Sell. Sales… Read More→