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Quebec-based cannabis producer Hexo Corp. reported a net loss of 102.4 million Canadian dollars ($75 million) for its fourth quarter, bringing the company’s total loss for the year to CA$1.1 billion. The latest annual loss brings Hexo’s accumulated deficits to CA$1.8 billion, and the company “has yet to generate positive cashflows or earnings,” according to […]
The California Cannabis Industry Association published a white paper addressing the state of the cannabinoid market. Featuring main author Tiffany Devitt, as well as other contributors, the white paper entitled “PANDORA’S BOX The Dangers of a National, Unregulated, Hemp-Derived Intoxicating Cannabinoid Market,” refers to the hemp industry as a public health crisis. “While cannabis and […]
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Sign up for Weekend Dispensary to get the latest cannabis news and exclusive articles delivered straight to your inbox. By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia […]
Calgary, Alberta-based SNDL said it successfully completed its acquisition of Zenabis Group. In June, SNDL signed a deal to put in a stalking horse bid to buy the assets of the distressed Hexo Corp. subsidiary. ADVERTISEMENT SNDL did not disclose the price of the transaction. In a news release, SNDL said an order of the […]
Looking primarily for a telegonos/pipeline equivalent, prefereably 14650. However, lost my 22mm v3 so looking to replace that, Ti would be even better. Also interested in 23mm and why not, the 2395 as well , this would complete my collection Looking primarily for a telegonos/pipeline equivalent, prefereably 14650. However, lost my 22mm v3 so looking […]
Senate Majority Leader Chuck Schumer said Sunday that he and his colleagues are “very close” to passing legislation that would authorize financial institutions to provide services to cannabis businesses. Speaking during a debate in his New York senate race, Schumer signaled that the SAFE Banking Act may finally be close to earning full passage. “I […]
Nevada marijuana regulators say they received 100 applications for the state’s first-ever marijuana consumption lounge licenses during a short submission window last month, with plans to begin issuing approvals in “early 2023.” The Nevada Cannabis Compliance Board (CCB) started accepting the applications on October 14 and closed submissions on October 27. This comes more than […]
Research into a Nazca ritual site in Peru has determined that a child sacrificed more than a thousand years ago as part of a religious ceremony had consumed the psychedelic drug mescaline prior to execution. Scientists made the discovery by analyzing a single hair from the head of a child whose head had been severed […]