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Lawmakers in the South American country of Guyana have passed an industrial hemp law that legalizes industrial hemp cultivation, paving the way for the industry.
New York approved the first 15 conditional recreational marijuana processing licenses, which will allow companies to begin producing products such as e-cigarettes, oils and food products, and increase the diversity of product lines retailers can offer.
New Jersey adult-use marijuana businesses generated nearly $79.7 million in total sales in the state's second fiscal quarter, from April 21 to June 30.
Curaleaf Holdings, a U.S. multi-state operator of cannabis, signed an agreement to acquire a 55 percent stake in Four 20 Pharma, a German producer and distributor of medical marijuana.
Canadian cannabis growers produced a record amount of cannabis during last fall's "croptober" (the mostly outdoor harvest season), despite lower retail prices and already swollen inventories.
A Kentucky judge has sided with the state's industrial hemp industry on enforcement, ruling that products containing delta-8 THC derived from industrial hemp are legal, the Industrial Hemp Trade Association said in a news release.
On Friday, the Smiths Falls, Ontario-based business reported a first-quarter net loss of C$2.1 billion ($1.6 billion) after the struggling licensed producer booked a goodwill impairment worth C$1.7 billion related to its cannabis unit.
A group of federal health agencies said in a government publication that they want to study the various minority cannabinoids in marijuana, as well as cannabis terpenes, to determine how they can best be used to treat a handful of medical conditions.
New York-based cannabis company Tilray Brands said its wellness division, Fresh Hemp Foods, signed a distribution agreement with Southern Glazer's Wine & Spirits.
The long-awaited debut of cannabis consumption lounges across California appears to have arrived, with industry experts predicting the venues will expand exponentially in the coming years.
Maryland regulators have made changes to the medical marijuana program to make it easier for patients to renew their medical marijuana IDs and reduce the cost of ID cards, which could increase the number of patients and boost more dispensary sales.