In many states across the country, cannabis reform has been held up by state political leaders, stalling and stunting business opportunities in industry.
Jeff Smith
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Judge orders New Mexico regulators to approve two marijuana dispensaries
The New Mexico Department of Health has been ordered by a district court judge to approve two medical marijuana dispensaries owned by the state’s largest licensed nonprofit MMJ operator.
Judge stops MI regulators from enforcing medical cannabis licensing deadline
A judge on Tuesday issued a temporary restraining order preventing Michigan from closing dozens of medical marijuana businesses that don't have a license under the state's new regulatory framework. The order comes just a day after the state's regulators said they...
Landmark trial focuses on whether Colorado cannabis firm hurts property values
A federal trial in Colorado this week could have far-reaching effects on the marijuana industry if a jury sides with a couple who say having a marijuana business as a neighbor hurts their property's value. The trial, set in Denver, is the first time a jury will...
MedMen seeks to trademark the word ‘cannabis’ for T-shirts
California-based MedMen Enterprises has filed an application to trademark the word "cannabis" for use on T-shirts, but a trademark specialist is skeptical the application will fly with the federal government. The application, filed in early October with the U.S....
Marijuana tech firm Metrc gets $50M with help from Snoop Dogg, Tiger Global
Metrc, which operates cannabis seed-to-sale tracking systems in 11 states and Washington DC, raised $50 million to expand its operations with the help of two notable marijuana investors. The funding round, according to a news release, was led by New York-based Tiger...
Pennsylvania tops 80,000 medical cannabis patient registrations
Pennsylvania’s medical marijuana patient count continues to surge, boding well for MMJ sales. More than 80,000 patients have registered for the program since the state registry was launched in October 2017, Philadelphia magazine reported. Here’s what you need to...
Verano, Scythian strike $188 million deal for Florida medical cannabis assets
Chicago-based Verano Holdings struck a deal to acquire a prized Florida medical marijuana license from Toronto-based Scythian Biosciences in exchange for a substantial equity investment. The deal, which includes an additional Scythian investment and is valued at $188...
Florida governor appeals judge’s order to open up medical cannabis market
Florida Gov. Rick Scott’s administration appealed a judge’s order to license new businesses in one of the country’s hottest medical marijuana markets - or risk being held in contempt. Scott’s administration filed the notice to appeal Friday less than three hours...
MedMen sells marijuana properties in California, Las Vegas for $12.5 million
MedMen Enterprises said it agreed to sell three cannabis properties in California and Nevada for roughly $12.5 million, a move aimed at boosting the multistate marijuana company’s liquidity and supporting its expansion.
Massachusetts OKs two cannabis testing labs, clearing way for adult-use sales
Massachusetts regulators on Thursday issued final licenses to two marijuana-testing laboratories, paving the way for the launch of the Bay State's much-delayed recreational cannabis program. Rec sales are expected to begin within weeks. The market had been scheduled...
Michigan awards 13 more medical marijuana licenses ahead of Oct. 31 cutoff
Michigan regulators on Thursday issued 13 additional medical marijuana businesses licenses in a bid to boost approvals before an Oct. 31 deadline for the state to implement stricter MMJ regulations. Regulators are requiring existing MMJ businesses to have their new...
