Cannabis News Today – June 7th, 2024

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Redecan Cannabis Introduces New Top-Shelf Flower: Purple Churro

Redecan Cannabis has introduced a new top-shelf flower strain called Purple Churro. This premium product promises a unique flavor profile and high potency.

Jamie Mendola Resigns from Glass House Brands’ Board of Directors

Glass House Brands Inc. (OTCQX: GLASF, GHBWF) (CBOE CA: GLAS.A.U, GLAS.WT.U) has announced the resignation of Jamie Mendola from its Board of Directors. The company has not yet named a successor.

Canopy Growth Establishes $250 Million Market Program

Canopy Growth Corporation (TSX: WEED, NASDAQ: CGC) has launched a $250 million market program aimed at enhancing its financial flexibility. The initiative is designed to support the company’s strategic growth plans.

Washington State’s New Law Exempts Certain Medical Cannabis from 37% Tax

A new law in Washington State that exempts certain medical cannabis purchases from the hefty 37% excise tax has…

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