Cannabis

Buy Cresco Labs for 182 per cent upside: Beacon Securities

A new term loan for US cannabis play Cresco Labs (Cresco Labs Stock Quote, Chart, News CSE:CL) was given the thumbs up by Beacon Securities analyst Russell Stanley on Thursday as the analyst reaffirmed his “Buy” rating and C$24.00 target for Cresco, saying that the company has a number of catal ...

Trade secrets and forbidden solvents in today’s cannabis extracts

Botanical extraction is used in various industries from cosmetics to cleaning products, and of course in food. We recently detailed six of the most common methods of extraction used in the cannabis industry, and a total of nine permitted solvents. Yet, Health Canada has approved nearly forty solven ...

Illinois: More People Apply for Medical Marijuana To Avoid Paying High Taxes

Think about the tax revenue we could generate from the legalization of marijuana. That’s the spiel the cannabis advocacy community has been selling for decades to get a square nation to embrace greener times. But now that lawmakers are starting to listen to the cries — moving to legalize the le ...

Sundial layoffs symptom of a larger problem

The talk of cannabis industry media late last week centered around the lay-offs at Calgary-based cultivator Sundial Growers (NASDAQ:SNDL). The company did not post an official press release about the staff reduction but told Global News’ Kayden Small that “less than 10%” of its staff had been ...

Tech Talk for Monday January 27th 2020

Pre-opening Comments for Monday January 27th U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 48 points in pre-opening trade. Index futures responded to intensified worries that the coronavirus will spread. Gold responded to coronavirus fears by gaining $9.80 to ...

Everyone Still Wants In on Cannabis Stocks

Once touted as the cannabis industry’s first real-life unicorn — nothing like the first unicorn, which turned out to be a colossal scam — nationwide dispensary chain MedMen appears to be in trouble. Rumors that the company was out of cash and unable to pay its vendors, swirling online for ...

Studio710 launches brand new Cypher Sessions Series, Episode 1

The latest Studio710 Cypher Sessions premiered today, showcasing some prime Vancity talent and the art of the freestyle. Relaunching as Episode 1 of a brand new, ongoing series, it features host and rapper Creed Taylor alongside fellow rhymers Manny Alcatraz and Jacobi the Giant, with the trio flex ...

Rep. Tulsi Gabbard on Federal Cannabis Reform Policies and the War on Drugs

Cannabis reform is one of the hot topics in the upcoming 2020 elections. Rep. Tulsi Gabbard is the Democratic representative for Hawaii’s 2nd Congressional District and one of the party’s presidential hopefuls. Since 2017, Rep. Gabbard has introduced multiple bills to remove cannabis from Sched ...

Cuomo Pledges Legal Cannabis for New York in 2020, But Where’s the Equity?

New York state cannabis advocates were bitterly disappointed last year, when two rival legalization measures both failed to pass at the end of the state’s legislative session in June. One of those measures — pushed by Gov. Andrew Cuomo and generally disfavored by activists — has just been rev ...

Friendly Stranger acquires HOTBOX™️

TORONTO, Jan. 24, 2020 /CNW/ – Friendly Stranger Holdings Corp (“FSHC” or the “Company”) has acquired HOTBOX™️, a cannabis accessory store located at 204 Augusta Ave, which has served over two million customers over the past two decades. The acquisition comes as part of FSHC’s c ...