Portland, Oregon-based Resource Innovation Institute (RII) is hoping to establish standards for water quality and water use for marijuana cultivators, including both indoor and outdoor growers. Members of the cannabis industry have been calling for standards across...
Missouri regulators released draft rules that would require medical cannabis dispensaries to alert customers about the dangers of vaping THC products, even though most of the vaping-related illnesses that began in summer 2019 have been linked back to the illicit...
A document prepared by the chair of the United Nations Commission on Narcotic Drugs (CND) lays out a course to keep on track for December’s key vote on the World Health Organization’s cannabis scheduling recommendations. MJBizDaily takeaway: This is a welcome...
Red Lake Nation citizens, an Ojibwe American Indian tribe in Minnesota, voted in favor of developing a medical marijuana program. Red Lake Nation News reported that 80% of the tribe said yes to a medical marijuana program that would allow the...
Medical marijuana companies in West Virginia, which has one of the slowest-launching programs in the cannabis industry, will have to wait at least another year before beginning sales. Bill Crouch, cabinet secretary of the state's Department of...
Innovative Industrial Properties (IIP), a real estate investment trust based in San Diego that specializes in sale-leaseback deals in the marijuana industry, plans to raise $100 million by selling more than 1 million shares.
A racketeering lawsuit against more than 200 Oregon marijuana companies is resulting in what looks to be a victory for the group of cannabis companies that refused to settle. The case is one of many in recent years to use the Racketeer Influenced and Corrupt...
Cresco Labs, a vertically integrated multistate marijuana company, said it agreed to purchase four Ohio medical marijuana dispensaries, currently operated by Verdant Creations, as the Illinois-based company increased its investment in what’s shaping up to be a lucrative market.
As the coronavirus pandemic plunges the U.S. economy into a sharp downturn, cannabis cultivators are managing finances by rethinking capital improvements and finding any area possible to lower costs. Although demand remains strong for marijuana in many state markets,...
Nevada marijuana sales for 2019 reached $692 million, a 20% increase from fiscal year 2018, but lost sales stemming from the market disruption caused by the coronavirus pandemic is throwing cold water on future projections. That information comes from a new study by...
Colorado Springs, Colorado-based Strawberry Fields terminated a $31 million agreement in which Denver-based Schwazze would have acquired the marijuana retail chain. Strawberry Fields filed paperwork with the U.S. Securities and Exchange Commission to terminate the...
After a two-month shutdown in response to the COVID-19 outbreak, Massachusetts adult-use marijuana retail stores can once again serve customers starting May 25 - though sales will be limited to curbside pickup and online or telephone orders. ...
