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Oregon Bill to Allow Cannabis Lounges Is Dead, Advocate Says

Oregon Bill to Allow Cannabis Lounges Is Dead, Advocate Says

SALEM, Ore. (AP) — Oregonians won’t be smoking joints at legal cannabis lounges anytime soon. The Statesman Journal reports that a bill to legalize cannabis lounges is “100% dead,” according to Sam Chapman, legislative director for the New Revenue Coalition, the group behind Senate Bill 639. An initiative petition may allow Oregon …

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HiFi Hops Hits LA: A New Cannabis Beverage

Maria Stipp, Tracey Mason and Jeremy Marshall

The state’s most popular pot beverage officially launched in LA this week with the whole Lagunitas team heading south down 101 from hop country in Petaluma to premiere their infused beverage line at West Hollywood’s MADE Gallery. For better or worse, one of the country’s fastest-growing breweries has long had …

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The cannabis producer Tilray jumps after beating on sales and posting a bigger-than-expected loss (TLRY)

Tilray, the cannabis producer, reported first-quarter results Tuesday afternoon. Shares jumped 6% in after-hours trading as sales topped expectations, but the company posted a wider-than-expected loss. Watch Tilray trade live. Tilray, the Canadian cannabis producer, reported a first-quarter loss on Tuesday that was wider than analysts forecast, but shares jumped …

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