Recent Posts

Mississippi Voters May Get Chance to Decide Medical Marijuana Issue

Welcome to Mississippi sign

Backers are beginning a signature collecting effort aimed at the legalization of medical marijuana through a 2020 ballot measure. The group, Medical Marijuana 2020, says on its website it will spend the next year gathering more than 100,000 signatures to get a proposed constitutional amendment on the Mississippi ballot. “That …

Read More »

Tilray, 7ACRES Ink Cannabis Supply Deal

Stock Trading Charts

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 …

Read More »

MedMen Completes Florida License Acquisition, Leases Property

MedMen File Photo

MedMen said Friday it has closed on its $53 million acquisition of a dispensary and cultivation license in Florida and has secured leases on properties in several cities there. Florida becomes the fourth state for the retail marijuana giant, following California, Nevada and New York. MedMen said in a press …

Read More »

Tesla Shares Slide After Resignations

Elon Musk Smiling Head shot

Tesla shares plummeted Friday after two executives announced their departures from the company and video of chief executive Elon Musk smoking marijuana and drinking whiskey on a popular podcast began to circulate on social media. The resignations of Tesla’s accounting and HR chiefs were just the latest in a string …

Read More »

Tilray Signs Deal To Supply Namaste, But Stock Down on Downgrade

Stock Ticker Photo

Namaste Technologies said it has signed an agreement to buy bulk medical cannabis products from Tilray Canada to resell through Namaste’s e-commerce platform subsidiary Cannmart. Cannmart is seeking a license to distribute cannabis across Canada, which means Namaste needs product to sell. Tilray, one of the largest producers and suppliers …

Read More »

Can Hospitals Beat Pharma With Their Own Drug Companies?

Pill Sample

A group of major American hospitals, battered by price spikes on old drugs and long-lasting shortages of critical medicines, has launched a mission-driven, not-for-profit generic drug company, Civica Rx, to take some control over the drug supply. Backed by seven large health systems and three philanthropic groups, the new venture will be led by …

Read More »