Canadian Cannabis Events Firm Lift & Co Files for Bankruptcy
Fri / Sep 18th
Canadian cannabis events company Lift & Co. filed for bankruptcy after its events-based cash flow dried up due to coronavirus restrictions.
At the end of 2019 a novel coronavirus outbreak led to the closure of states, territories, and countries around the world. The pandemic led to a distinction between essential and non-essential businesses, and in many locations cannabis businesses have been deemed essential. Along with news on essential businesses, read about how cannabis is playing a role in COVID-19 research in this section.
Fri / Sep 18th
Canadian cannabis events company Lift & Co. filed for bankruptcy after its events-based cash flow dried up due to coronavirus restrictions.
Wed / Sep 2nd
Oklahoma cannabis activists formally withdrew this year’s legalization petition due to signature-gathering risks associated with the coronavirus pandemic.
Tue / Sep 1st
A recent study investigating potential treatments for the deadly symptoms of COVID-19 reports that 100% of lab mice who received injections of THC survived the frequently fatal immune system response to the virus.
Tue / Aug 25th
Senate Majority Leader Mitch McConnell told reporters at an event in Kentucky that he thinks people should be wearing hemp-based face masks to prevent the spread of coronavirus.
Fri / Aug 14th
The Seattle Hempfest in-person event is officially canceled this year in light of the coronavirus; instead, an online version of the event has been announced for October 10-11.
Wed / Aug 5th
Senate Majority Leader Mitch McConnell threw shade at Speaker of the House Nancy Pelosi yesterday, suggesting that she claimed cannabis was an effective treatment for COVID-19.
Mon / Aug 3rd
Michael Thompson, a nonviolent drug offender who is currently serving a prison sentence of 40-60 years for selling cannabis, has been hospitalized with COVID-19.
Thu / Jul 23rd
New research by Israeli firms Eybna and CannaSoul Analytics suggests that a combination of CBD and terpenes might be effective against the deadly cytokine storms that are symptomatic of COVID-19.
Fri / Jul 17th
Recent industry analysis shows that merger and acquisition deals in the cannabis space have fallen 80 percent amid the pandemic.
Tue / Jul 14th
A recent survey suggests that cannabis consumers are using cannabis more frequently during the pandemic and are shifting away from smoking to vaporizers.
Thu / Jun 11th OPINION
Michael Thompson was arrested for selling cannabis in 1994; he was given a de-facto life sentence in prison and now COVID-19 is poised to upgrade that to a death sentence unless Michigan Gov. Gretchen Whitmer does the right thing.
Mon / Jun 8th
Canadian researchers suggest that certain cannabinoid extractions could help to quell an immune system response to the coronavirus that has proven fatal in some patients; the study was published as a pre-print, meaning it has not been peer-reviewed.
Mon / Jun 8th
Cannabis supporters in Arkansas can now accept electronic signatures in their campaign to put the legalization question on November’s ballot.
Thu / Jun 4th
FSD Pharma has received FDA permission to design and submit an application for a new trial using a synthetic cannabinoid-based drug in the treatment of COVID-19.
Thu / Jun 4th
California officials have lowered their estimated cannabis tax revenues in light of the coronavirus and its effects on the economy, particularly the unemployment rate.
Mon / Jun 1st
Hemp businesses are unlikely to receive coronavirus assistance from the USDA as the sector hasn’t suffered a 5% decline in prices.
Wed / May 27th
Home grow supply company Year-Round Garden is offering an all-in-one sterilization tent package after discovering a trend of essential workers using grow tent technology to sterilize clothing and accessories.
Tue / May 26th
Massachusetts, the only state to shut down its adult-use cannabis industry under its coronavirus response measures, has resumed adult-use sales.
Tue / May 26th
Cannabis sales in Canada rose 19 percent during the country’s coronavirus pandemic response efforts in March.
Wed / May 20th
Cannabis sales are going strong in Oregon despite the pandemic with a record-setting $89 million worth of product sold in April.
Fri / May 15th
A recently published Preprints study found that the cannabinoids THC and CBD could help to down-regulate the production of proteins that are key in spreading the coronavirus among humans.
Fri / May 8th
San Francisco health officials confirmed they are helping some people to access cannabis, alcohol, and methadone during voluntary hotel stays paid for by the city to help otherwise unhoused people self-quarantine.
Fri / May 8th
One of Massachusetts’ top cannabis regulators said he supports re-opening the state’s adult-use dispensaries; Massachusetts was the only state to shutter adult-use shops as part of its coronavirus stay-at-home order.
Fri / May 1st
Dispensaries in Nevada can offer curbside pickup services starting today as a new strategy for the state’s coronavirus response.
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