Thailand Becomes First Asian Country to Legalize Marijuana
Thailand made headlines last week when it became the first country in Asia to decriminalize marijuana, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal ... [Read]
HEXO Cuts 142 Jobs at the Atholville Cannabis Factory in New Brunswick
HEXO Corp. (TSX:HEXO)(NASDAQ:HEXO), Canada's largest cannabis producer by market share, is eliminating 142 jobs at its factory in Atholville, in northern New Brunswick. This is the old Zenabis factory. According to the village mayor, Jean-Guy ... [Read]
Element 7 Opens Three New Cannabis Stores in California as Part of Their Expansion Process
Element 7 is speeding up its expansion processes as it opened three new stores in Mendota, Willits, and Chula Vista this week. The three stores were opened in seven days as the company continues to ... [Read]
Germany Might Legalize Recreational Cannabis in 2022 as New Motion Is Pushed
It is looking likely that Germany will legalize recreational cannabis before the end of 2022. U.S. News reported that the German government is seeking to finalize the process by the end of the year. It should be ... [Read]
Canadian Cannabis Operators Urge Changes To Excise Tax As Pot Prices Drop
The drop in the price of cannabis has made Canadian cannabis operators ask lawmakers to amend the current excise taxes levied on marijuana production and sales. Globe and Mail reported that the flat-fee tax structure is disadvantageous ... [Read]
Cannabis Update: Maryland House Work Group Meeting, California County Penalties For Illegal Weed Farms, Green Dragon Workers Unionize
The cannabis world was busy this week with a lot of different news to be aware of. Here are some highlights that might catch your attention. Maryland House Work Group On Cannabis Legalization Schedules First ... [Read]
Tilray May Acquire Half of HEXO Under Revised Agreement
Tilray Brands, Inc. (TSX:TLRY)(NASDAQ:TLRY) and HEXO Corp. (TSX:HEXO)(NASDAQ:HEXO) announced Tuesday that they have revised the terms of a $211 million debt deal signed by the cannabis companies that could see Tilray own a stake in ... [Read]
Thailand Legalizes Marijuana With Regulations on How It Should Be Used
On Thursday, Thailand became the first Southeast Asian country to legalize cannabis, CNN Travel reported. Cannabis was delisted from the Category 5 narcotics list to allow Thais to legally grow cannabis plants at home and sell ... [Read]
3 Top Pot Stocks to Buy Now
Cannabis stocks include stocks of companies that manufacture, distribute, or research recreational pot, herbal medicine, or related products. If you're considering investing in the cannabis industry, the pot stocks below are good candidates. OrganiGram Holdings ... [Read]
Independent Community Bankers of America and 44 State Community Banks Urge Congress to Pass Cannabis Banking Reform
Independent Community Bankers of America (ICBA), with most state community banks, have called on Congress to pass the cannabis banking reform. The cannabis banking reform is currently before a Bicameral Conference Committee of the Congress, as reported ... [Read]