Business

A British Columbia (B.C.) court dismissed a lawsuit from owners of licensed cannabis retail shops. Last year, this group of cannabis retailers sued the province for not enforcing cannabis regulations.While licensed cannabis retailers…

“Tilray is too dangerous,” said CNBC’s “Mad Money” host Jim Cramer. “It is a spec stock that is losing money, and we don’t recommend stocks that are losing money.”Cramer isn’t the only one shying away from the Canadian cannabis producer.…

Last Thursday, the City of Victoria approved rezoning for its first farm-to-table cannabis operation. A majority of the council voted to amend bylaws so one facility can house four different Health Canada licenses.The Victoria Cannabis…

What is the state of the New York cannabis market?Earlier this week, the Office of Cannabis Management (OCM) approved regulations to boost the New York cannabis market.When New York first legalized cannabis in 2021, analysts expected a…

What are the consequences of rescheduling cannabis in the United States?Last week, the federal Department of Health and Human Services (HHS) sent a memo to the Drug Enforcement Administration (DEA) recommending a change in how they…

The U.S. Department of Health and Human Services (HHS) has recommended reclassifying cannabis to Schedule III, or a lower-risk drug.Currently, cannabis is considered Schedule I under the Controlled Drugs and Substances Act. This places…

What is the future of the United States (U.S.) cannabis industry? While operators wait on the Biden administration to reschedule the herb and for Congress to pass some banking legislation, several states have provided tax relief within…

What is Tilray’s potential in the global cannabis market? The company’s shares skyrocketed with their recent acquisition of eight beer and beverage brands from Anheuser-Busch InBev.But how much of Tilray’s potential is real growth versus…

According to a new Gallup poll, 50% of Americans have tried cannabis. More people are smoking cannabis than cigarettes, with 17% (or one in six Americans) being regular consumers of the herb.Three in four Americans are concerned about…

Tilray is expanding its market share by buying beer brands. In particular, Tilray announced a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC.According to the U.S. Securities and Exchange Commission, the deal…