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Technological Advances Help Better Regulate the Growing Cannabis Market FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, Jan. 12, 2021 /PRNewswire/ -- The cannabis industry has had some major accomplishments in recent years. Currently, sixteen states have now fully legalized the use of cannabis products for both medical and recreational use. The recent election, in November, has further cemented the continuous expansion of cannabis legalization as New Jersey, a major potential market for the industry, voted in favor of legalization as well. Nonetheless, the co...

Cannabis Job Outlook In 2021 Is 'Strong' Despite Suffering Layoffs Throughout 2020 Cannabis Job Outlook In 2021 Is ‘Strong’ Despite Suffering Layoffs Throughout 2020 However, there were also those that did quite a bit of hiring. What’s interesting is that many companies at both ends cited the COVID-19 pandemic as one of the reasons for their actions. For some companies, the firing trend started back in 2019, before word of the coronavirus spread. On the other hand, many companies were negatively affected by the restrictions imposed due to the pandemic. To better understand what happened...

Tilray Inc (NASDAQ: TLRY) reported Tuesday with first-quarter results that were highlighted by a 195-percent jump in revenue year-over-year — and show the long-term opportunity within the cannabis space, CEO Brendan Kennedy told CNBC following the earnings release. Focus Beyond... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:

Aphria (NASDAQ:APHA) and Tilray (NASDAQ:TLRY) announced a merger to create the largest enterprise in the industry by revenue. It is estimated the combined entity will be valued at roughly $3.9 billion, boasting pro-forma yearly sales of $685 million. Benzinga had the chance to catch up with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors alongside one other person picked by Tilray, and seven others (including Simon) from Aphria. In the first part ...

The Deal Would Create the Largest Enterprise in the Cannabis Industry By Revenue Shares of Canadian Licensed-Producers (LPs) Aphria (TSX:APHA) (NYSE:APHA) (FRA: 10E)  and Tilray (NASDAQ:TLRY) (FRA: 2HQ)  traded higher following the news about the two companies merging. Benzinga caught up with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors alongside one other person picked by Tilray, and seven others (including Simon) from Aphria. Source: ...