Medical Cannabis and Cannabinoids

cbdMD Announces Strategic Acquisition of Bluebird Botanicals

cbdMD, Inc (NYSE American: YCBD), a leading innovator in hemp-derived wellness products, announces the closing of the acquisition of substantially all of the assets of Bluebird Botanicals, one of the longest-standing brands in the CBD industry, providing an established and complementary revenue base to strengthen cbdMD’s long-term growth strategy. The acquisition brings together two mission-aligned […]

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Trump Green-Lights These “No Charge” Marijuana Products for Medicare Enrollees

President Trump signed an executive order on Thursday that launches a pilot program authorizing Medicare to cover cannabis products for seniors. The executive order reclassifies marijuana as a Schedule III drug under the U.S. Drug Enforcement Agency in addition to authorizing the Medicare pilot. Medicare will specifically only cover cannabidiol products, or CBD. Coverage will

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Medicare to Test Making CBD Treatment Available for Seniors

Some US Medicare patients would be eligible to receive coverage for CBD under an initiative being planned through the Centers for Medicare & Medicaid Services, according to people familiar with the matter who weren’t authorized to speak publicly. CBD, or cannabidiol, is a compound found in cannabis that doesn’t cause a high. Some research suggests

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Trump Floats Medicare Coverage for CBD in Video Post, Sparking Buzz

Yesterday, President Trump made a move that many in the cannabis industry abuzz with excitement and anticipation. While he still has yet to make a decision on rescheduling cannabis, Trump did post a video touting the health benefits of hemp-derived CBD for senior, suggesting it could be included under Medicare. Although the implications of this

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The Cannabist Company Announces Closing on Sale of Affiliate

The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announces the successful closing of the sale of its Pennsylvania affiliate that owns 3 medical dispensaries (“Pennsylvania Transaction”) to VP Investment Holdings, LLC (“VP

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