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From slaughter to sativa: Livestock farmers are switching to cannabis
Raising cattle on land that can be used to grow recreational marijuana is becoming more and more difficult to justify. The life of a farmer in modern America has grown to be a difficult way to make a living. In addition to the hardships involved in agriculture, the...
Organigram loss widens on shrinking cannabis revenue in third quarter
The Canadian cannabis producer Organigram Holdings reported a continued loss pointing to the third-quarter slide in net revenue for 2020. Organigram previously warned investors about the revenue decrease for the quarter that ended May 31 as their revenue is down by...
Texas Original Compassionate Cultivation Closes $5.1 Million Series A Financing: Expands Access to Medical Marijuana for Patients Throughout Texas
According to a press release from Texas Original Compassionate Cultivation (TOCC), they have officially closed a $5.1 million Series A financing. The financing round was led by Viridian Capital Advisors, through broker-dealer Pickwick Capital Partners. The move by...
Shakeups In The German Cannabis Market
The German cannabis market is currently experiencing major shakeups during the summer of 2020. Marijuana distributor licenses proliferate as specialty distribution has become unsustainable. Also, the rest of the industry will be under further pressure to reduce...
Cannabis firm Canopy Growth cuts 30 at Ontario headquarters
Canopy Growth Corp. reports that it has laid off another 30 employees as part of its corporate restructuring, during the coronavirus pandemic. Jordan Sinclair, the company’s vice president of communications, said in a statement; “The layoffs that affected operations...
Israel overtakes Germany as largest importer of medicinal cannabis flower
According to Cannabis Magazine editor, Oren Lebovitch, Israel has imported more than 6 metric tons of cannabis flower into the country, making Isreal Israel has officially the largest importer of medicinal cannabis in 2020. Many cannabis manufacturers see Israel as a...
Vireo Health’s New Packaging Technology Keeps Cannabis Flower Flavorful and Potent Longer
Vireo Health International Inc announced that the Company signed an exclusive licensing agreement with eBottles420 to manufacture and distribute a terpene-preserving packaging system. Vireo is a leading physician-founded, science-focused cannabis company based in...
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