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Cannabis sales grow in Israel
The Lod-based company Panaxia reported increased revenues from the Israeli market for its sales of medical cannabis in 2021. The Israeli cannabis company Panaxia released its earnings for 2021 Tuesday. Panaxia, which is based in the mixed Arab-Jewish city of Lod, said...
CBD Firm’s Appeal Could Allow Cannabis, Psychedelics Companies to Get Trademarks Before Legalization
The 2018 farm bill legalized industrial hemp, which is a nonpsychoactive version of cannabis, and its derivatives for cultivation and sale. The law stipulated that, as long as individuals had official approval from their states or tribes, they could cultivate hemp and...
Panaxia and Leriva announced: Exclusive collaborations in Greece
Panaxia Labs Israel, Ltd., Israel’s leading medical cannabis products manufacturer and Leriva Group, one of Greece’s leading distributors of medical equipment, medical supplies, and health services, announced a binding agreement of manufacture, commercialization, and...
Increased Demand For Top Talent As Cannabis Industry Salaries Continue To Surge
The burgeoning industry continues to seek diversity among its employees, as evidenced by the opportunities within all cannabis verticals for minority candidates. With 320,000 full-time cannabis jobs in 2021, legal adult-use cannabis in 17 states and D.C., and medical...
How Many Banks Work With Cannabis? It’s Fewer Than You Think.
Banking services are one of the cornerstones of starting any successful business, but the cannabis industry has been unfairly shut out for quite some time. While the industry continues to grow as more states create adult-use or medical programs, cannabis-based...
Support Grows for Federal Cannabis Legislation with the SAFE and CLAIM Acts
Legislation moving through Congress would provide banking and insurance protections for cannabis and cannabis-related businesses without the threat of federal penalties Things are about to change for cannabis and cannabis-related businesses, as landmark legislation to...
Arkansas Sees Substantial Increases in its Medical Cannabis Market
Arkansas has had a very slow rollout when it comes to implementing its medical cannabis market. In November of 2016, the majority of Arkansas voters voted yes on the Arkansas Medical Marijuana Amendment. Upon its passing, it legalized a medical cannabis market in the...
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