Toronto-based marijuana multistate operator Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5 million.
Bart Schaneman
Bart Schaneman's Latest Posts
Oregon cannabis regulators ban additives first seen in vaping crisis, require more disclosure
A recall of cannabis vape products in Oregon is shedding light on additional non-cannabis additives that have potential to harm consumers and leading to a change in how marijuana regulators in the state operate.
Vermont looking to launch recreational cannabis regulatory board
Vermont is seeking to fill three positions on the board that will regulate the state’s recreational cannabis program.
Massachusetts fills two open seats on state Cannabis Control Commission
The main body regulating legal marijuana in Massachusetts is gaining two more members.
Steps cannabis retailers can take to curtail spam telemarketing, avoid legal woes
Unlike mainstream retailers, cannabis retailers can access only a limited number of platforms to communicate with customers.
Social media and traditional marketing and advertising outlets are often unavailable to cannabis businesses, making it even more important that retailers use available marketing tools as effectively as possible.
Oklahoma authorities shut down cannabis testing lab
The Oklahoma City Fire Marshal shuttered a medical cannabis testing lab for fire code violations and allegedly lacking the proper permits.
Colorado retail cannabis sales already eclipsing record-setting 2019
Colorado’s cannabis retailers set the record for single-year sales, surpassing 2019 numbers, and that’s with only 10 months counted.
Detroit expected to issue recreational marijuana permits by summer 2021
Regulators in Detroit will finally start accepting applications for recreational marijuana business licenses in January, and the permits are expected to be issued in summer 2021.
California cannabis growers seek cheaper mixed-light license fees, saying current cost too high
California mixed-light cannabis growers are asking for a change to licensing fees they say create unsustainable costs for using light deprivation techniques.
Arizona cities might opt out of adult-use cannabis sales expansion
The city councils of two sizable municipalities in Arizona are planning to vote against allowing new adult-use cannabis businesses and testing labs, even though the state’s voters approved a recreational marijuana market during the November election.
MJBizCon speaker eyes consumer data to market to cannabis, CBD users
The uncertain regulatory environment in the hemp extract and CBD category is leading to an “explosion” of competitive crowding and consumer confusion, said Deanie Elsner, CEO of Charlotte’s Web, based in Denver, Colorado, at MJBizCon 2020 on Thursday as part of her talk on “Bringing CPG Marketing to Cannabis.”
2021 bodes well for California marijuana companies, business opportunities
As we approach the new year, we predict that 2021 will be another favorable year for the cannabis industry.
