CannTrust may be first cannabis company to be delisted

Posted by - September 30, 2019

The cannabis company’s recent missteps are having a serious impact on its operations First, CannTrust admitted to Health Canada that it had tried to hide a certain percentage of its cannabis cultivation operations. Then, the expected happened. Health Canada yanked the company’s license. That was an outcome that everyone should have seen coming, as is

Cresco Labs to sell Illinois facilities to an REIT

Posted by - September 30, 2019

The cannabis operator is selling the property to Innovative Industrial Properties Cresco Labs just completed the acquisition of Tryke Companies in a deal reportedly worth $282.5 million, and is now looking to unload some of its previously-held properties. According to a press release from Friday, the company has agreed to sell two facilities in Illinois

Miley Cyrus has her own cannabis café

Posted by - September 30, 2019

The extroverted singer and actor is backing a cannabis café in Hollywood The first cannabis consumption lounge opens today in West Hollywood, CA, and is ready to establish a new trend in the US. Lowell Café is the first shop of its kind anywhere in the country and is promoted as a type of “Little

Cannabis beneficial to combat the common cold, with a caveat

Posted by - September 30, 2019

Cannabis compounds are effective in treating symptoms associated with the cold and flu When it comes to the cold and flu, there isn’t a whole lot that can be done to clean the body and rid it quickly of the bacteria. Symptoms can last for days or weeks, but these can be treated to help

Pittsburgh researchers are creating a marijuana breathalyzer

Posted by - September 30, 2019

The University of Pittsburgh is working to help create a tool that could be used by law enforcement The University of Pittsburgh is the latest to get involved in developing technology to help determine if someone is under the influence of marijuana. Currently, there is no good device in place, although alternatives are being worked

Senate could be positive on SAFE Act

Posted by - September 30, 2019

Banks could soon be able to work with cannabis companies free and clear The House of Representatives showed its support for the Secure and Fair Enforcement (SAFE) Banking Act by a vote of 321-103 last week. That level of approval is a strong indication of the changing environment toward cannabis on Capitol Hill and, now,

High-risk cannabis stocks that can produce even higher rewards

Posted by - September 24, 2019

Two cannabis stocks may be a little less secure, but the payout is making them attractive The fluctuation in marijuana stock prices has a lot of investors on edge, but the roller coaster ride is going to come to an end. If anything, investors should be relishing the moment, thankful that prices have become more

Colorado cannabis workers find support from federal courts

Posted by - September 24, 2019

Cannabis workers in the state are entitled to the same federal protections as other workers Despite cannabis not yet being regulated on a federal level, employees who work in the industry are entitled to the same federal protections afforded all other industries. This is the verdict of the US Federal Court of Appeals in a

That no smoking sign on airplanes means cannabis, too

Posted by - September 24, 2019

A flight gets diverted after a passenger lights up Everyone knows that smoking is no longer permitted on aircraft. Even getting caught lighting up in the lavatory is grounds for huge fines, but some people still believe the laws don’t apply to them. One recent flyer may have thought the no-smoking rule only applied to

Using cannabis to relieve endometriosis

Posted by - September 24, 2019

Menstrual cramps and related issues are being countered by cannabis consumption Menstruation is more than just a few cramps for many women. Technically speaking, it’s the process of the body shedding endometrial tissue that builds up during the hormonal cycle and endometriosis is menstrual cramps multiplied by 100. In endometriosis, the tissue grows outside of