Cannabis Industry

Canadian cannabis producer Canopy Growth slashed approximately 8% of its workforce Tuesday as part of sweeping changes across the company designed to help stem recent losses and nudge the struggling company to profitability, MJBizDaily has learned. The latest round of layoffs amounts to 245 people, according to the company, and …

Regulations have been strict in Hawaii, hampering the growth of the state’s medical marijuana industry, causing sales to slow and making the regulated market uncompetitive with the illicit market, according to new data. The analysis, commissioned by the Hawaii Cannabis Industry Association, found that sales have slowed from an annual …

The growth in cannabis retail stores between 2018 and 2020 was driven by more than just the move to legalize recreational weed three years ago, suggests a new Canadian study. “From 2018 to 2020, Canada’s rapid cannabis retail expansion was strongly related to legal sales growth, but only weakly related …

In the following interview, you will get to know the CEO of FSD Pharma. A life sciences holding company focused on truly innovative therapeutics and legal psychedelics.

CO2 GRO will support a “significant” licenced Canadian cannabis producer to increase both production and revenue with its CO2 Delivery Solutions™ The Toronto-based company on Monday (9th August) said it commenced a commercial feasibility at the producer’s facility which will run for up to one year with an extension option. CO2 GRO’s customer …

In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become the global cannabis leader. Colombia was already recognized for its robust infrastructure, distribution and exports of certain cannabis products such …

Eustis, Florida — 21 years oldst-Century greenhouse, for ancient crops. In the case of Glen Treadwell Treadwell farm, The crop is hemp. “I like the idea that it can be done all year round,” he said. “It’s a plant that catches you.” His family has been farming in Florida for over …

The Ontario Cannabis store released their annual year in review today, covering April 2020 to March 2021, showing significant industry growth in the province.  Ontario sold 99,100,000 grams of cannabis, the bulk of it being sold through private retailers. 81,500,000 grams were sold in stores while another 17,600,000 were sold on ocs.ca. The …

Hemp is a miracle material. When most people think of it, one or two uses might come to mind. But, when you really do your research on everything hemp is used for, you quickly start to see how valuable it is. Right now, it’s important to shine a light on …

This story originally appeared on CBD Testers. When it comes to consumer packaged goods, especially those with natural ingredients, preserving freshness and quality is a top priority. Unfortunately, many of the existing additives currently on the market are incredibly unhealthy (toxic and cancerous really), so there is a pressing need …