Seattle-based marijuana data and analytics provider Headset raised $12.1 million for expansion, with Canadian marijuana giant Canopy Growth Corp. acquiring a key stake. Toronto-based Canopy Rivers, the venture-capital arm of Canopy Growth, invested $3.1 million in...
Jeff Smith
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Marijuana investment trust raises $133M, will buy MedMen properties
MedMen Enterprises’ strategy to spin off additional real-estate holdings and invest the proceeds in its nationwide expansion has taken another big step. The Los Angeles-based cannabis company announced that Treehouse Real Estate Investment Trust, a collaboration...
Michigan issues first medical cannabis recall for untested products
Michigan regulators issued the first recall of medical marijuana products since the state's new licensing and testing system went into place last year. David Harns, spokesman for Michigan’s MMJ program, said the statewide monitoring system detected five different...
First medical marijuana dispensary in Ohio could open in next few weeks
Medical cannabis is expected to go on sale in Ohio later this month, perhaps as soon as the week of Jan. 14, according to an official at the marijuana firm Cresco Labs. Spokesman Jason Erkes said the company is ready to open the state’s first dispensary in...
Week in Review: MMJ stores close in Michigan, OK dispensaries may serve Arkansans & California marijuana banking
Dozens of shuttered medical marijuana stores in Michigan face big sales losses, Oklahoma dispensaries could soon get MMJ customers from Arkansas, and a California government report nixes hopes that the state can find a solution for cannabis banking.
Federal judge throws out racketeering claim against California cannabis grower
A federal judge dismissed a federal racketeering claim against an allegedly illegal marijuana cultivator in Northern California, saying the plaintiffs failed to prove a business or property loss as required by the statute. The suit made the same general nuisance...
Finding the right team is key to navigating environmental regulations
When California marijuana dispensary owner Chris Jennings decided to apply for a cultivation license in 2016, he helped organize a meeting for growers to discuss water and other natural resource regulations with several city and county officials.
If New York OKs recreational marijuana, unions may become big business issue
A union official told the New York Post that labor hopes to unionize “many thousands of workers” if the state legalizes recreational cannabis – a move that could affect firms trying to break into the market.
Changes to IL law allowing medical cannabis as opioid alternative set to go into effect
Illinois will see some new wrinkles to its medical marijuana laws this year that could have some effect on how MMJ firms do business in the state.
Dec. 31 deadline looms for dozens of unlicensed medical marijuana firms in Michigan
Up to six dozen unlicensed medical cannabis businesses in Michigan must close at least temporarily by Dec. 31 or risk not receiving a permanent license under a new, stricter regulatory system, state officials indicated Friday. Regulators noted in a news release that...
Florida’s top medical cannabis operators tighten grip on growing market
A handful of vertically integrated companies increased their stronghold on Florida’s fast-growing medical marijuana market in 2018, tripling the number of dispensaries they operate, as new business licensing stalled in the courts. Overall, eight companies operate a...
Utah medical marijuana firms could suffer as doctors hold off recommendations
Some of Utah’s biggest health-care providers are hesitant to recommend medical cannabis to qualified patients - a development that could cause the market to grow more slowly. Intermountain Healthcare, the state’s largest provider with 23 hospitals and 170 clinics in...













