Marijuana use among baby boomers rose tenfold over decade as seniors seek out pot for medical treatment

Marijuana use among baby boomers rose tenfold over decade as seniors seek out pot for medical treatment

Cannabis use in U.S. adults over age 65 saw more than a tenfold increase from 2007 to 2017. Many older adults are turning to cannabis to treat health issues. According to a University of Colorado study, older adults have reported barriers to...

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Vegas city officials approve marijuana consumption lounges

Vegas city officials approve marijuana consumption lounges

Legal marijuana smokers will soon be able to find lounges where they can light up in Las Vegas — but not in casinos, not in places serving alcohol, and not on the resort-lined Las Vegas Strip. The City Council on Wednesday approved what...

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Crop to Enter Oklahoma Medical Cannabis Market

Crop to Enter Oklahoma Medical Cannabis Market

Crop Infrastructure Corp. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today that it has identified multiple Tenants for a roll out strategy to enter Oklahoma to target the Medical Cannabis market focusing on Cultivation, Extraction and...

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Another Two Chinese Pharma Firms Join In the Party as Hemp Craze Sparks Up

Another Two Chinese Pharma Firms Join In the Party as Hemp Craze Sparks Up

The hemp high in China’s capital market shows no signs off wearing off as another two Chinese pharmaceutical companies threw their hats into the ring yesterday and today, with the shares of both immediately hitting the 10 percent limit up...

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Chicago’s Cresco Labs to buy Canadian pot firm Origin House for $1.1B

Chicago’s Cresco Labs to buy Canadian pot firm Origin House for $1.1B

Canadian cannabis branding company Origin House has entered into an agreement to be acquired by U.S. company Cresco Labs Inc. for approximately $1.1 billion. As part of the all-stock deal, Origin House common shareholders will receive 0.8428...

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BioSeedXL to Offer Services for BioTech and Cannabis Startups in Its Acceleration Program

BioSeedXL to Offer Services for BioTech and Cannabis Startups in Its Acceleration Program

After four companies successfully graduated from its acceleration program, BioSeedXL has decided to officially open its doors and offer its services to a select and hand-picked number of Biotech and Cannabis startup companies. BioSeedXL’s...

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Walgreens to Clear Shelf Space for CBD Products in 1500 Stores

Walgreens to Clear Shelf Space for CBD Products in 1500 Stores

One week after CVS said it would start selling products with the cannabis compound CBD in some of its stores, drug-chain Walgreens Boots Alliance said it would sell CBD-based sprays, creams, and patches in 1,500 stores throughout nine states. The...

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AgraFlora Organics Increases Ownership Position in Propagation Services Canada Inc.

AgraFlora Organics Increases Ownership Position in Propagation Services Canada Inc.

AgraFlora Organics International Inc. (“AgraFlora“) (the “Company“) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXF), a growth oriented and diversified international cannabis company, is pleased to announce it is acquiring an additional 10% of the...

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Grassroots Cannabis Announces Closing of US $90M Capital Raise

Grassroots Cannabis Announces Closing of US $90M Capital Raise

Grassroots Cannabis (“Grassroots” or the “Company”), a cannabis company that grows, processes and sells cannabis through its multi-state, vertically integrated business model announces the successful completion of its first capital raise of...

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Marijuana grower Tilray rallies 3% after sales more than double

Marijuana grower Tilray rallies 3% after sales more than double

Canadian cannabis producer Tilray reports both fourth-quarter and full-year 2018 earnings. The company said fourth-quarter revenues of $15.5 million buoyed 2018 sales to $43.1 million, up 110 percent compared to last year. Tilray stock rallies...

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CURE Pharmaceutical Snags DEA License to Manufacture Pharmaceuticals From Cannabis

CURE Pharmaceutical Snags DEA License to Manufacture Pharmaceuticals From Cannabis

Shares of CURE Pharmaceutical jumped more than 15 percent Monday ahead of news that the company became the first and only oral thin film company to gain a license from the U.S. Drug Enforcement Agency to manufacture pharmaceuticals using both...

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