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Cannabis News
Cannabis News
Cannabis 'price war' could cause 'significant' damage to industry: HEXO CEO
Hexo Corp.'s chief executive says he's seen a "price war" take shape over the last five months that could cause "significant" damage to Canada's cannabis industry. "No one wins in a price war," Charlie Bowman told analysts on a Friday call.
Mar 17, 2023 10:03 AM
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Southern California jailbreak mastermind convicted
SANTA ANA, Calif. (AP) — An inmate who organized a daring, elaborate Southern California jailbreak in 2016 was found guilty Thursday of the escape but acquitted of kidnapping a taxi driver while on the run, authorities said.
Mar 16, 2023 10:11 PM
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Kentucky Senate passes bill to legalize medical marijuana
FRANKFORT, Ky. (AP) — The Kentucky Senate voted Thursday to legalize medical marijuana in the state, delivering a breakthrough endorsement after years of resisting access to cannabis for people suffering from a series of debilitating illnesses.
Mar 16, 2023 7:26 PM
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Kansas push for medical marijuana appears done for this year
TOPEKA, Kan. (AP) — Kansas legislators aren't likely to legalize marijuana for medical uses this year following a vote Thursday.
Mar 16, 2023 6:26 PM
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B.C. Mounties announce results of organized crime drug investigations
RCMP in British Columbia announced Thursday the results of two drug investigations they say disrupted major organized crime groups that are flooding the streets with toxic drugs involving "transnational" drug production and distribution operations.
Mar 16, 2023 5:56 PM
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Hexo reports net loss of $11.1 million in second quarter, lower revenues
GATINEAU, Que. — Hexo Corp. reported a net loss of $11.1 million in its latest quarter, up from a year earlier, when it reported a loss of $690.3 million, which included $616 million in one-time impairment charges. The Gatineau, Que.
Mar 16, 2023 3:31 PM
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Pornhub owner MindGeek purchased by private equity firm
MONTREAL — A new private equity firm based in Ottawa says it has acquired the company behind one of the world's largest pornography sites, Pornhub.
Mar 16, 2023 2:00 PM
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NY cannabis agencies sued by medical marijuana providers
ALBANY, N.Y. (AP) — A coalition that includes some of New York's medical marijuana companies sued state cannabis regulators Thursday in an effort to open up licensing to all retail dispensary applicants immediately.
Mar 16, 2023 1:49 PM
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8 children sickened at LA school after eating marijuana
LOS ANGELES (AP) — Eight children were sickened at a Los Angeles school on Wednesday after eating marijuana gummies, authorities said. Paramedics were called to Sun Valley Magnet School shortly before 1:30 p.m.
Mar 15, 2023 3:57 PM
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When will Medicare cover medical marijuana?
Many older adults are using medical marijuana to treat a variety of conditions, but experts say that conflicting laws, unclear safety standards and complicated rulemaking processes mean it could be years before Medicare may cover the drug.
Mar 15, 2023 6:14 AM
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