A second UK tobacco firm has turned its attention to cannabis with British American Tobacco launching a new CBD vaping device – Vuse CBD Zone. BAT, which sells Dunhill, Lucky Strike, and Benson & Hedges, disclosed its interest in developing new products for its...

Oregon recreational marijuana companies are experiencing the best market conditions in years, with demand far outpacing supply because of the COVID-19 pandemic and more consumers forgoing the illicit market in favor of legal retailers. But the question remains whether...

Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the Nanaimo, British Columbia company’s $321 million loss in 2019, according to the full-year and fourth-quarter results released Wednesday. Tilray, which is on the verge of...

Recreational marijuana sales have more than doubled since the market opened in October, with the Maine Office of Marijuana Policy reporting almost $2.5 million in sales in January. Maine’s 15 licensed adult-use retailers reported 33,521 sales worth $2.47 million in...

Medical marijuana sales in Oklahoma reached a record $831 million-plus for 2020, more than twice that of 2019. Several other states with legal cannabis programs also posted record sales figures for 2020, including Colorado and Illinois. According to Oklahoma Tax...

Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive arrangement agreement to buy struggling competitor Zenabis Global for 235 million Canadian dollars ($185 million) in stock. The proposed acquisition of Vancouver, British...