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Canopy Growth shares plunge after debt reduction plan announced
420 Intel
Business & Finance
Canopy Growth shares plunge after debt reduction plan announced Image Cannabis NewsJuly 17, 2023 Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis compa
Canopy Growth shares plunge after debt reduction plan announced
420 Intel
Technology
Canopy Growth shares plunge after debt reduction plan announced Image Cannabis NewsJuly 17, 2023 Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis compa
Legal use Cannabis in France
420 Intel
Cannabis News
Legal use Cannabis in France Image Cannabis NewsJuly 14, 2023 The French may like wine, but cannabis is complicated. While world-renowned hashmaker Frenchy Cannoli may have been a true cannabis evangelist, educating the masses on how to make high quality hash, unfortunately, the country he hailed from, France, has very different views of cannabis.
Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open
420 Intel
Business & Finance
Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open Image Cannabis NewsJuly 14, 2023 The proposal to expand zoning was scaled back, and parts of La Jolla, Mission Beach and Old Town were eliminated. SAN DIEGO - Complaints and criticism have prompted San Diego officials to back away in part from recent p
Connecticut Cannabis sales hit record high at six-month mark
420 Intel
Business & Finance
Connecticut Cannabis sales hit record high at six-month mark Image Cannabis NewsJuly 14, 2023 Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are movi
Executives re-enact Boston Tea Party to protest Cannabis tax rule
420 Intel
Politics
Executives re-enact Boston Tea Party to protest Cannabis tax rule Image Cannabis NewsJuly 14, 2023 A demonstration in Massachusetts on Wednesday re-enacted the Boston Tea Party to protest IRS rules that unfairly tax cannabis businesses. Executives from a Massachusetts-based cannabis company dressed in colonial garb aboard a ship in Boston Harbor on
Missouri official vows to conduct survey on Cannabis business demographics
420 Intel
Business & Finance
Missouri official vows to conduct survey on Cannabis business demographics Image Cannabis NewsJuly 14, 2023 A key criticism of the medical marijuana program was the Black community was left out of the cannabis industry. But the state has yet to conduct a survey to find out. For the first time, a state official has publicly vowed to push for a demog
Taylor Swift attends Questlove’s infused party in New York City
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Politics
Taylor Swift attends Questlove’s infused party in New York City Image Cannabis NewsJuly 14, 2023 I feel the lavender haze creepin’ up on me. The Stoned Swifties have reason to celebrate. On Tuesday night in New York City, Taylor Swift attended a party hosted by the iconic musician Questlove of The Roots. Given that Swift is the Bob Dylan of our era
Cannabis stocks finally go green thanks to TerrAscend
420 Intel
Technology
Cannabis stocks finally go green thanks to TerrAscend Image Cannabis NewsJuly 14, 2023 Cannabis investors have been mired in a bear market for almost two years as stocks plunged as much as 90%. Now it seems TerrAscend’s (OTC: TSNDF) uplisting to the Toronto Stock Exchange (TSX) was the catalyst needed to bump stocks higher. However, it wasn’t the u
Cannabis company Canopy Growth signs deals with lenders to reduce debt
420 Intel
Cannabis News
Cannabis company Canopy Growth signs deals with lenders to reduce debt Image Cannabis NewsJuly 14, 2023 Canopy Growth Corp, says it has signed deals with its secured and unsecured lenders that it expects will help the cannabis company reduce its total debt by about $437 million over the next six months. The company says the moves are also expected
Secret Service finds Cannabis in White House
420 Intel
Politics
Secret Service finds Cannabis in White House Image Cannabis NewsJuly 14, 2023 The Secret Service Uniformed Division confirmed Thursday that it had discovered marijuana in the White House twice last year. The news comes on the heels of finding cocaine in the West Wing. (Benzinga) What happened: A couple of hours after the agency closed its investiga
Cookies executives accused of fraud
420 Intel
Technology
Cookies executives accused of fraud Image Cannabis NewsJuly 14, 2023 Prominent Cannabis brand Cookies faces third lawsuit alleging fraud and misconduct by executives. Cookies, a prominent cannabis brand launched by San Francisco rapper Berner, is back in hot water after a new lawsuit was filed last week alleging the brand’s executives used fraud to
Out-of-State visitors now able to buy Medical Cannabis in New Hampshire
420 Intel
Medical News
Out-of-State visitors now able to buy Medical Cannabis in New Hampshire Image Cannabis NewsJuly 13, 2023 Both out-of-state visitors and visitors from Canada will now be able to purchase medical cannabis in New Hampshire. New Hampshire’s Alternative Treatment Centers (ATCs) will now be able to dispense medical cannabis to visitors given they hold va
As the Cannabis industry grows, how does law enforcement handle people driving high?
420 Intel
Politics
As the Cannabis industry grows, how does law enforcement handle people driving high? Image Cannabis NewsJuly 13, 2023 As New York's cannabis industry continues to evolve, law enforcement faces a new challenge: people driving high. Smoking cannabis before or while driving is illegal with similar punishments to driving under the influence of alcohol.
Medical Marijuana sales in Arkansas could set new record
420 Intel
Medical News
Medical Marijuana sales in Arkansas could set new record Image Cannabis NewsJuly 13, 2023 Medical marijuana sales in Arkansas are on track to set a new record this year, state officials said. From January through June, patients spent $141 million to buy a little more than 29,000 pounds of marijuana, according to the Arkansas Department of Finance a
Decoding the Cannabis maze: navigating the legal quandaries of THC variants
420 Intel
Politics
Decoding the Cannabis maze: navigating the legal quandaries of THC variants Image Cannabis NewsJuly 13, 2023 There is a lot of confusion surrounding the legality of these THC variants due to the openness of stores’ advertisements. However, a little science should help clear the air. You have probably seen many brick-and-mortar and online stores cla
How will Cannabis legalization impact schools, parents and child care centers?
420 Intel
Politics
How will Cannabis legalization impact schools, parents and child care centers? Image Cannabis NewsJuly 13, 2023 Here’s how the recreational cannabis industry will affect the state’s education system, health curriculum and more. With summer classes and the school year starting just weeks after the legalization of recreational cannabis in Maryland, t
North Carolina Medical Cannabis bill likely dead for 2023
420 Intel
Politics
North Carolina Medical Cannabis bill likely dead for 2023 Image Cannabis NewsJuly 13, 2023 A bill to legalize medical marijuana in North Carolina is likely dead for this year’s legislative session, according to Republican leaders. A bill that would legalize medical marijuana in North Carolina is likely dead for the 2023 legislative session, House S

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