Allison Rowe

CBD regulations could take years, warns outgoing FDA Chief

CBD regulations could take years, warns outgoing FDA Chief

While the cannabis industry was hoping the U.S. Food and Drug Administration would make some quick tweaks to its policy that would allow edible CBD products to be sold across the country, outgoing commissioner Scott Gottlieb said earlier this week that, consistent with the other bureaucraptastic methods that make up the federal government, it could […]

Over 800 CVS stores will start carrying CBD products

Over 800 CVS stores will start carrying CBD products

CVS stores in eight U.S. states will begin carrying CBD topicals this week, according to information released on Wednesday from Curaleaf Holdings Inc. The company announced a deal to sell products with CBD derived from hemp at 800 CVS stores during an earnings conference call with investors.

Marijuana is the fastest-growing industry in the US job market, according to a new report

Marijuana is the fastest-growing industry in the US job market, according to a new report

The US added 64,389 full-time legal cannabis jobs in 2018, according to a new report. That outpaces growth in other sectors in the job market. Job openings in the cannabis industry have also surged.

Banks don’t want to work with marijuana companies. It’s time for that to change

Banks don’t want to work with marijuana companies. It’s time for that to change

With thousands of cannabis businesses popping up in states that have legalized marijuana for medicinal or recreational use, one important problem remains: banking access.Since cannabis remains illegal under federal law — and the federal government oversees all US banks and credit unions — banks are often skittish about granting bank accounts to these businesses. 

California only made half as much on 2018 marijuana taxes as expected

California only made half as much on 2018 marijuana taxes as expected

When California, the most populous state in America, legalized recreational marijuana last year, many had high hopes for the industry, writes Joseph Misulonas. But unfortunately, it appears initial projections for the success of the industry were a little off.

Cutting-edge lighting to lighten energy tab for Liht’s B.C. cannabis facilities

Cutting-edge lighting to lighten energy tab for Liht’s B.C. cannabis facilities

Liht Cannabis Corp. has selected Agnetix’s liquid-cooled, LED lighting system for its cultivation facilities in B.C., a change expected to enhance plant health and slash by more than half energy costs compared to traditional systems.