Cannabis retailers enjoyed a 91% spike in sales last 4/20 compared with the year-earlier period
Hemp companies are raising capital this year at more than 10 times the pace seen last year, according to the latest data from Marijuana Business Daily and Viridian Capital Advisors.
Hemp also contains the cannabinoid CBD, which is widely held to have health benefits. But that ingredient is now regulated by the U.S. Food and Drug Administration, which has said companies cannot add it to food or drinks without its approval. That has frustrated many companies who were planning to launch food and beverage lines infused with CBD. The FDA has pledged to hold talks in May on the subject of regulating the substance.
Separately, Fintech POSaBit, which offers point-of-sale services to cannabis companies, said retailers can expect a big spike in sales on 4/20, the traditional annual celebration of cannabis that will take place on Saturday. In company news Friday, MedMen Enterprises Inc. MMNFF, +1.20% said Friday it has accepted the resignations of two senior officials. The company said Chief Operating Officer Ben Cook and General Counsel Lisa Sergi, who is also a board member, have both resigned from the company.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Killer clown suspect's husband insists she's 'falsely accused' of shooting his 1st wifeKiller clown suspect's husband insists she's 'falsely accused' of shooting his first wife.
Weiterlesen »
Ben & Jerry's is giving away free 'Half Baked' ice cream to people who buy weed on 4/20Ben & Jerry's is giving away free ice cream on 4/20 for people shopping for marijuana.
Weiterlesen »
How to talk to your kids about 420 DayCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Weiterlesen »
20 years after Columbine, what's changed -- and what hasn't -- for school shootings in AmericaThe April 20, 1999, Columbine shooting, which killed 13, shocked the nation. Here's what has and hasn't changed in school shootings in the 20 years since.
Weiterlesen »
20 years after that day at Columbine High School, I'm still asking: 'Am I safe?'20 years after that day at Columbine High School, I'm still asking: 'Am I safe?' | Columbine survivor Shannon McQueen for CNNopinion
Weiterlesen »
Columbine principal, haunted by 20-year-old massacre, still recites victims' namesEach morning for the last two decades, Frank DeAngelis has recited aloud the nam...
Weiterlesen »
20 years on, Columbine survivors tell Parkland students: 'We're sorry we couldn't stop it.'Columbine and Parkland. Two high school massacres, two communities changed forever. Two fateful days, two decades apart. Tragic bookends in American history. In all, 30 lives lost: 13 in Colorado in 1999, 17 in Florida in 2018.
Weiterlesen »