More than half of registered voters in Massachusetts are against a ballot measure to legalize recreational marijuana for people 21 years of age and older, according to a survey by a conservative political action committee from Florida. The...
Omar Sacirbey
Omar Sacirbey's Latest Posts
Cannabis cultivation leasing companies undergoing growth spurt
By Omar Sacirbey Prospective marijuana growers who lack the money to bankroll their own sites increasingly are turning to companies that specialize in leasing land to cannabis cultivators. That has created a mini boom in the emerging real estate leasing business - and...
PA Establishes Physicians Working Group for MMJ Program
In a move that may encourage Pennsylvania doctors to get certified to recommend medical marijuana, the state’s Department of Health has established a physician working group to help implement its new MMJ law. It’s an important issue because in some states, medical...
Major infused products co. Bhang loses arbitration battle
A California arbitration panel has awarded an investment firm $1.875 million from a major infused-products and concentrates company, Bhang Chocolate. The panel said Oakland-based Bhang breached an agreement it had with Mentor Capital in...
Medical cannabis research growing, but hurdles remain
By Omar Sacirbey Scientific researchers are increasingly interested in studying the medicinal properties of cannabis, and breakthroughs have been achieved that could lead to additional uses for medical marijuana. The moves could bolster the MMJ industry and boost...
Australian MMJ company aims to raise $4M for human trials
A publicly traded Australian pharmaceutical and biotech company that recently entered the medical marijuana sector aims to raise about $4.1 million (AUS $5.4 million) to support MMJ trials on human subjects. If successful, Medlab Clinical plans to spend the money to...
Rhode Island Adds PTSD to Medical Cannabis List
Rhode Island Gov. Gina Raimondo signed into law legislation adding post-traumatic stress disorder to the list of conditions that are treatable with medical cannabis. It’s not clear how many new patients this will mean for the state’s three licensed dispensaries, but...
Denver Edibles Business Looks to Grow Own Marijuana
About four years after starting BlueKudu, Andrew Schrot is about to make a major change to the business model of his Denver chocolate edibles company - and he's spending about $2.5 million to do so. Last summer, BlueKudu bought a 20,000 square-foot warehouse in...
Illinois Bank Facing Fed, State Heat Tied to MJ Clients
A community bank in Illinois has reportedly landed in legal hot water with the federal and state governments for violations allegedly relating to cannabis. The news highlights financial industry fears that the federal government will go after banks with cannabis...
California to Regulate Water Use Among Cannabis Growers
Up to 50,000 marijuana growers in California could be required to obtain state permits to use irrigation water under a new law which spells out operating details of the state’s Medical Marijuana Regulation and Safety Act. The state law, SB837, calls for an...
Maryland May Pick MMJ License Winners in August
After criticism from the executive director of Maryland’s Medical Cannabis Commission, the chairman of the group announced that the first marijuana business license winners in the cultivator and processor categories could be chosen as soon as August 5. The MMJ...
Scotts Miracle-Gro’s big marijuana plunge exposes industry fault lines
Scotts Miracle-Gro’s bold plans to bolster its presence in marijuana has divided industry professionals, the latest sign that Corporate America is poised to reshape cannabis.
Some see it as a promising development that will push the cannabis industry forward, while others fear it represents the start of the eventual corporatization of marijuana
