Danny NelsonCoindeskVermont regulators will track hemp production on the ethereum mainnet in partnership with cannabis supply chain blockchain startup Trace. The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in March, farmers and processors will […]
MarketWatchWhen Aurora Cannabis Inc. announced last week that co-founder and Chief Executive Terry Booth would retire, it also revealed another loss to come: A quarterly deficit of roughly a billion dollars. Aurora ACB, -1.28% ACB, -1.44% is scheduled to report fiscal second-quarter results Thursday morning, and it is expected to reveal a loss of about C$1 billion ($750 million) thanks […]
Leafly.comHow many jobs are there in the legal marijuana industry? Leafly’s annual Cannabis Jobs Report found 243,700 full-time-equivalent (FTE) jobs supported by legal cannabis as of January 2020. That’s a 15% year-over-year increase. Over the past 12 months the expanding industry has created 33,700 new jobs nationwide, making legal marijuana the fastest-growing industry in America. […]
VTDIGGERProsecutors are mulling an appeal to the state’s top court after a judge downgraded the most serious charge against a Waterbury CBD businessman accused of ripping off hemp farmers. Douglas Bell, owner of CBD-Vermont in Waterbury, is accused of contracting with farms and then not paying for their services. At an arraignment Thursday, Bell was […]