June 2019

The city of Rochester is telling businesses they can no longer sell edible forms of CBD — another sign that regulations around the cannabidiol chemical remain unclear even as it grows in popularity. The decision came following a review of FDA food service regulations by city officials. [CBD is Budding in Popularity. But What Is The […]

In case you haven’t heard, the marijuana industry is forecast to grow at one of the fastest paces of any industry in the world. A newly released report, “State of the Legal Cannabis Markets,” from Arcview Market Research and BDS Analytics, forecasts a near-quadrupling in global licensed-store sales in the six-year period between 2018 and […]

Aurora Cannabis (NYSE:ACB) and USANA Health Sciences (NYSE:USNA) are both medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, profitability, earnings, analyst recommendations and institutional ownership. Analyst Recommendations This is a breakdown of current ratings and price targets for Aurora Cannabis […]

ATLANTA, June 25, 2019 /PRNewswire/ — Surterra Wellness (Surterra), one of the nation’s fastest growing health and wellness companies, has appointed Nicholas Bottaro, D.O., M.B.A., M.P.H., a leading medical cannabis physician, as the company’s Medical Director.  In this role, Dr. Bottaro brings an experienced perspective to Surterra, which includes work in scientific and clinical applications of […]

Canopy Growth (NYSE: CGC) didn’t exactly wow investors with its fiscal 2019 fourth-quarter results last week. The Canadian cannabis producer reported lower quarter-over-quarter cannabis sales on all fronts, although overall revenue increased thanks primarily to its acquisition of German vaporizer device maker Storz Bickel. Canopy also posted a huge operating loss of nearly 175 million […]

NEW YORK, NY / ACCESSWIRE / June 30, 2019 / Bronstein, Gewirtz Grossman, LLC notifies investors that a class action lawsuit has been filed against KushCo Holdings, Inc. (“KushCo” or the “Company”) (KSHB) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired KushCo securities between July 13, 2017 and April […]

This kind of head-over-heels top-line growth is nothing new for KushCo, having more than doubled sales in both 2017 and 2018. Clearly the company is serving its customers well and adding new ones every quarter. But there’s no real playbook for that kind of growth, especially for a business that outsources its production overseas, and […]

When Upper East Siders Adelle and Robert Rathe boarded a flight to Saint Martin in mid-January, they left behind a typically cold New York day. By the time they return from their resort getaway in mid-April, the trees in Central Park will have started to bloom. The Rathes are hardly the first weather-worn Northeasterners to […]

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Have you been misled by Ticketmaster?  An investigation by the Competition Bureau found Ticketmaster’s advertised prices did not reflect the true cost to consumers. The company will pay a $4 million penalty and […]

Pennsylvania is kicking off its medical marijuana research program, announcing that three of the state’s medical schools have received a green light to investigate the potential benefits and risks of using medicinal cannabis to treat health conditions. In the June 20 announcement, the Pennsylvania Department of Health approved partnerships between Drexel University College of Medicine […]

• Curaleaf Holdings Inc (OTC: CURLF): down 4.65% • Green Growth Brands Inc (OTC: GGBXF): down 3.4% • Green Organic Dutchman Holdings Ltd (OTC: TGODF): down 0.4% • Green Thumb Industries Inc (OTC: GTBIF): up 3.3% • GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH): down 0.7% • Hexo Corp (NYSE: HEXO): down 4.8% • Harvest Health […]