When the team at Eastcoasterdam Gardens set out to secure funding to construct a cannabis cultivation facility in Massachusetts, Joseph Lupo, the company’s co-founder and director of cultivation found many of the deals from potential investors demoralizing....

Hemp Today report.. Investors from Germany, Switzerland, and Canada are among those who have received cultivation and processing licenses under Zimbabwe’s cannabis program. A total of 57 licenses were handed to both foreign and local enterprises, the Zimbabwe...

Cannabis breathalyzer company Hound Labs, Inc. has raised $20 million from a variety of cannabis investment groups. Investors in the company include Entourage Effect Capital (EEC), Intrinsic Capital, Benchmark, Icon Ventures, and Tuatara Capital. The company raised...

Adult-use marijuana sales in Illinois exceeded $120 million in August, state officials reported on Thursday. It’s the second-highest sales record since the state’s recreational market launched last year and the sixth month in a row that sales surpassed $100 million....

Massachusetts marijuana sales have topped $2 billion since the state’s adult-use market launched in late 2018, the Cannabis Control Commission reported on Wednesday. Gross sales from the state’s 165 cannabis retailers and three delivery services reached $2,009,007,478...

New York’s recreational pot program is no longer a buzzkill. The state Senate confirmed two long-overdue appointments to the agency that will regulate pot sales in the state during a special session ordered by Gov. Kathy Hochul to fast-track the program Wednesday....