Canopy Co-CEO Ousted From Cannabis Company He Founded

The cannabis CEO said he’s been canned. Bruce Linton, who founded Canadian cannabis company Canopy Growth Corp., stepped down as co-CEO, the company said Wednesday. Founded in 2013, Canopy has grown into the largest cannabis company on the public market (with a value of $14 billion) under Linton’s leadership. Canopy said in a press release […]

Recreational Marijuana Is Now Legal in 11 States

Illinois’ new governor delivered on a top campaign promise Tuesday by signing legislation that makes the state the 11th to legalize small amounts of marijuana for recreational use and the second to approve it through the Legislature rather than the ballot box. Legalization in Illinois also means that nearly 800,000 people with criminal records for […]

This Pot Company Stock is Now More Popular Than Apple Among Millennials

An Apple a day may keep the doctor away, but millennials want weed. Millennial investors just made Aurora Cannabis the most popular trade on investment app Robinhood–beating out tech giant Apple. Aurora Cannabis recently ranked No. 1 on Robinhood’s list of the top 20 most-held stocks on the trading platform–compared to Apple, which now ranks […]

How to Eat, Drink, and Appreciate Cannabis at Restaurants

On a recent evening at the James Beard House in New York City, guests decked out in fine dining attire gathered for an intimate dinner party. The James Beard Foundation had once again invited its members to enjoy cocktails, food, and wine while mingling with the makers themselves. However, what made this dinner party different […]

Congress Is Weighing New Banking Laws That Could Light Up the Pot Business

These are high times for the American cannabis industry. Recreational marijuana is now legalized in 10 states and the District of Columbia, and myriad products containing non-psychoactive cannabidiol (CBD)–think CBD-infused skin creams, protein bars and kombucha–have found their way to storefronts across the nation. But when it comes to receiving the kind of banking services […]

Walgreens to Clear Shelf Space for CBD Products in 1500 Stores

One week after CVS said it would start selling products with the cannabis compound CBD in some of its stores, drug-chain Walgreens Boots Alliance said it would sell CBD-based sprays, creams, and patches in 1,500 stores throughout nine states. The move, first reported by CNBC, will offer cannabis-based products in nine states that have legalized […]

Seth Rogen and Evan Goldberg Are Developing a New Cannabis Brand With Canopy Growth

Actor, writer, and producer Seth Rogen has teamed up with his long-time partner Evan Goldberg on a new cannabis company. Dubbed Houseplant, the marijuana company is being developed in partnership with Canadian cannabis company Canopy Growth. In a statement, Rogen and Goldberg said that Houseplant cannabis was developed after years of research and its first […]

CVS Pharmacy Will Begin Selling CBD Products in Stores Across 8 States

CVS Pharmacy is jumping on the CBD bandwagon. The company said in a statement to CNBC on Wednesday that it’s now selling cannabidiol (CBD) products at locations across eight states, including Alabama, California, Colorado, and Maryland, among others. The company is selling everything from lotions to sprays and said that it’s only working with CBD […]

Jelly Belly Creator Hopes CBD Edibles Will Be His Next Magic Beans

David Klein, a confectioner often credited with creating the popular Jelly Belly candy, has launched a line of jelly beans infused with CBD, a non-psychoactive compound found in cannabis plants. Klein announced the new CBD candy on Instagram. His company, Spectrum Confections, sells CBD beans in 38 flavors, along with a set of 7 sugar-free […]