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Cannabis vape products remain popular one year after health crisis

Cannabis vape products remain popular one year after health crisis

by InfluencER | Aug 11, 2020 | Sales and Operations

Approximately one year after the first vape-related death was reported in Illinois, marijuana vaporizer has shown resilience in spite of added concerns from the COVID-19 pandemic and its impact on consumer behavior. According to Marijuana Business Factbook 2020...
Canopy reports CA$128 million loss as recreational cannabis revenue falls

Canopy reports CA$128 million loss as recreational cannabis revenue falls

by InfluencER | Aug 11, 2020 | Investors

Canopy Growth Corp., Canadian cannabis reported a net loss of more than 128 million Canadian dollars ($95.7 million) in the first quarter of its fiscal year. However, its total revenue improved slightly on a quarterly basis as the company maintains its corporate...
Uruguay approves new rules to facilitate exports, spur cannabis industry

Uruguay approves new rules to facilitate exports, spur cannabis industry

by InfluencER | Aug 11, 2020 | Politics and Law

In Uruguay, President Lacalle Pou signed two decrees with the aim of stimulating the development of the medical marijuana and hemp industries and encouraging exports. The first decree will allow businesses to export psychoactive cannabis flowers and the second decree...
Texas: A Thin Line Between Over the Counter and Licensed Medical CBD Products

Texas: A Thin Line Between Over the Counter and Licensed Medical CBD Products

by InfluencER | Aug 11, 2020 | Politics and Law

In Texas, the benefits of cannabis today are not able to access to many patients because of the state’s limited medical cannabis program, which only allows for products with .5% THC or less. However, the passage of a Texas hemp legalization bill in 2019 has opened the...
Nabis Announces Strategic Partnership with Bloom to Distribute Products Within California

Nabis Announces Strategic Partnership with Bloom to Distribute Products Within California

by InfluencER | Aug 11, 2020 | Sales and Operations

Nabis, one of California’s largest licensed cannabis distributors, announced the company has entered an exclusive partnership with leading cannabis company Capna Intellectual (dba Bloom). Bloom is based in Los Angeles and specializes in developing consumer packaged...
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