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LiveWell to Host Hemp CBD Investor Education Series

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LiveWell Canada said Thursday it will host a series of discussions on CBD Hemp investing in September and October to educate investors on the emerging industrial hemp-derived cannabinoid industry. According to Brightfield Group, the Hemp CBD Market could hit $22 billion by 2022. LiveWell said it will host events in …

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Buffett, Coral Reefer Brand, Natural Fit for Surterra

Jimmy Buffett has been playing with the Coral Reefer Band for well over four decades now, so it’s less than surprising to see the veteran singer-songwriter finally getting into the weed business. The “Margaritaville” singer will license the “Coral Reefer” brand to Surterra, a big medical marijuana company whose board …

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Tilray, 7ACRES Ink Cannabis Supply Deal

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Canadian cannabis producer 7ACRES will supply dried cannabis to Tilray Canada under a deal announced Monday by 7ACRES parent company Supreme Cannabis. The deal, estimated to be worth more than $1.5 million U.S., will make 7ACRES product available to Tilray for medical marijuana patients in Canada, the companies said in …

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Nevada Cannabis Sales Far Higher Than Expected

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Nevada dispensaries sold nearly $425 million worth of recreational marijuana and pulled in nearly $70 million in tax revenue in the state’s first full year of sales, officials announced Tuesday. Including recreational and medical marijuana as well as marijuana-related goods and accessories, Nevada stores eclipsed a half-billion dollars in sales, …

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GTI Makes Strong Revenue Report

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Green Thumb Industries saw year-to-year revenue increase by nearly 300 percent in the second quarter to $13.6 million, the Chicago-based company announced. In addition to reporting the 291 percent year-over-year growth, GTI reported its quarter-over-quarter revenues were up 25 percent in the period. The company recently went public with the …

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