Rhode Island licensed its first lab to test medical marijuana, a move that likely will prove beneficial to the dispensary and cultivation operators who had been contracting private labs or conducting testing themselves. Green Peaks Analytical...
Bart Schaneman
Bart Schaneman's Latest Posts
Arkansas medical marijuana growers sue to keep others from entering market
Five Arkansas companies with permits to grow medical cannabis are suing to stop three more cultivation licenses from being issued.
Michigan social equity regulations help cannabis applicants get started but lack continued support
Michigan’s marijuana social equity provisions lower the barrier to entry for recreational cannabis business applicants, but some industry insiders say the state needs to do more to help keep such companies running.
Ultra sues New Mexico health department over new cannabis rules
New Mexico’s largest medical marijuana company is suing the state over new MMJ regulations it calls “arbitrary and capricious.”
Here are seven ways marijuana businesses can survive an IRS audit
Cannabis companies should expect an uptick in IRS audits. A recent report by the Treasury Inspector General for Tax Administration puts a target on marijuana.
NACB drawing up marijuana social equity advice for state regulators
One of the cannabis industry's only self-regulatory standards organizations is creating social equity recommendations for state rulemakers. The goal of the National Association of Cannabis Businesses, based in Washington DC, is to get state marijuana regulators to...
Week in Review: L.A. doubles cannabis retail licenses, another Schwazze deal dead, Biden talks MJ rescheduling & more
The Los Angeles City Council doubled the number of social equity retail marijuana licenses from 100 to 200 in response to a courtroom settlement. MJBizDaily takeaway: The greater Los Angeles area boasts more than 13 million people, but there are only 188 licensed...
Massachusetts cannabis businesses fined for pesticide, ownership infractions
Three marijuana cultivation companies in Massachusetts will pay hundreds of thousands of dollars in fines for pesticide use and other violations. The state's Cannabis Control Commission approved penalties against Garden Remedies, Healthy Pharms and The Botanist,...
Illinois social equity program flawed, advocates say, but it’s best in cannabis industry so far
Illinois’ social equity provisions for cannabis companies are considered among the most forward-thinking in the country, yet some advocates and business insiders say the rules don’t go far enough to promote minority participation in the industry.
Marijuana tissue-culture technology company raises more than $15 million
Conception Nurseries, a Sacramento, California-based cannabis genetics firm, raised $15 million with the addition of approximately $12 million in a Series A funding round to help add scale and automation to its operation. According to Green Market Report, the funding...
Nebraska medical cannabis legalization well on its way to voters in November
Nebraska medical marijuana advocates gathered more than 182,000 signatures for an initiative petition campaign, despite challenges stemming from the coronavirus pandemic. Organizers needed only 122,000 signatures to place medical marijuana legalization on the November...
Set up your cannabis extraction company with expansion in mind
If you’re like most entrepreneurs in the marijuana extraction sector, you have visions of building a company that’s so successful that scaling up is right around the corner.
