Boxing Legend Mike Tyson Opened a 40-Acre Cannabis Ranch After California Legalized Weed

Boxing legend, 51, has bought site in California City, a town with a population of just 15,000 people southwest of Death Valley. MIKE TYSON broke into the marijuana trade by opening his own cannabis ranch in California. The former heavyweight champion purchased 40 acres of land in California City, a town with a population of […]

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Alberta Cannabis Producer Lays Off 10% of Workforce; Expert Blames Poor-Quality Products

Alberta-based cannabis producer Sundial confirmed Tuesday that it has laid off “less than 10 per cent” of its workforce. In a statement to Global News, it said: “In the spirit of continuous optimization for efficiency and effectiveness, Sundial has made some organizational changes… It’s important we remain agile in responding to the realities of the […]

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Cannabis Labs Conference Announced for Spring 2020

EDGARTOWN, MA, Jan. 23, 2020 – Innovative Publishing Co., the publisher of Cannabis Industry Journal and organizer of the Cannabis Quality Conference & Expo is announcing the launch of the Cannabis Labs Conference. The event will address science, technology, regulatory compliance and quality management as they relate to the cannabis testing market. It will take place on June 2–3 […]

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Constellation Has A Moment Of Reflection But Not Sour Grapes Over Canopy Investment

Constellation Brands, the beer brewer behind Corona and Modelo, has finally admitted the obvious. Its four-billion-dollar bet on the Canadian cannabis company Canopy Growth in 2018 was a long-term play for market share, not immediate profitability. Indeed, Canopy has yet to turn a profit and its shares are down 30% from this time last year. […]

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Israel Imports Cannabis: What Happened to Exports?

Canndoc, an Israeli medical cannabis producer, just received a shipment of 250kg of dried whole flower cannabis. The company, a subsidiary of InterCure, just signed a strategic cooperation agreement with Canada’s Tilray. Interestingly the agreement is both for the import and export of flower. So don’t count out a stream coming the other way. Or, […]

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Preventing Mold & Fungus in Cannabis with Data Analytics

Cannabis legalization has taken the United States by storm, with 33 states approved for medicinal cannabis use — 11 of which are also approved for recreational use for adults aged 21 and over. With new patients and consumers entering the market every day, it’s more important than ever for cannabis cultivators to establish more effective […]

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How Cannabis Businesses Can Prepare for Tax Season

A Little About 280E The 280E statute bans businesses from deducting business expenses for gross income associated with the trafficking of Schedule I or II substances. While other businesses can deduct any number of expenses when filing their taxes — employee salaries, rent, equipment, electricity, etc. — 280E limits cannabis companies to only expensing deductions directly related […]

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Why New Brunswick Loses Money Selling Weed, and What the Lessons Are

Earlier this week, Cannabis NB CEO Patrick Parent appeared in Fredericton to give provincial lawmakers some bad news. More than a year after legalization, he told them, New Brunswick’s government-owned cannabis monopoly was still losing money, and had no prospect of making money in the current fiscal year. The closest thing he had to offer […]

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Meet Pot’s Most Prestigious Brands to Make the Luxury Meets Cannabis Conference Cut

As the stigma surrounding marijuana continues to shed, more national fashion and beauty retailers are welcoming cannabis brands into their stores. It was the addition of luxury cannabis company Lord Jones to the Sephora skincare portfolio in 2018 — the first-ever CBD brand for the chain to accept — that market trend expert Jed Wexler […]

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