An Illinois judge rejected a request to stop state regulators from rescoring retail marijuana license applications, moving a seemingly never-ending saga closer to resolution.
Jeff Smith
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Montana starts to gear up for $200M adult-use cannabis market
Montana regulators say they are beginning the process to make adult-use cannabis cultivation and sale licenses available by Oct. 1, 2021. “There’s a lot of work ahead before the first legal sale of nonmedical marijuana in Montana and before the first license is...
Marijuana legalization momentum unstoppable, industry leaders say
The “green wave” of marijuana legalization will continue to spread across the United States in wake of the clean sweep of ballot initiative victories on Election Day, industry stakeholders said Thursday.
Marijuana regulators across US to share best practices, offer advice
Marijuana regulators from 19 states have established a nonpartisan organization to share best practices and industry knowledge.
Marijuana multistate operators set to capitalize on new markets, but small firms face hurdles
Get insights on cannabis investing and what the post-election investment climate looks like during the Investor Intelligence Conference portion of MJBizCon’s Passholder Days on Thursday, Nov. 12. (The graphic above has been corrected to reflect that Acreage Holdings...
Pennsylvania medical cannabis operator raises $22 million for expansion
Pennsylvania-based Organic Remedies plans to build out a 240,000-square-foot cultivation and processing facility in the state and three additional medical marijuana dispensaries thanks to a $22 million raise.
Private multistate marijuana giants Verano and AltMed to merge, creating 14-state operator
Marijuana multistate operator Verano Holdings on Wednesday announced a definitive agreement to acquire Florida-based Alternative Medical Enterprises (AltMed) for an undisclosed price, creating one of the largest cannabis companies in the U.S. with 44 retail locations...
Denver medical cannabis dispensary takes 280E appeal to Supreme Court
A Colorado medical cannabis dispensary is asking the U.S. Supreme Court to review a lower-court decision that allowed the IRS to obtain business records in order to apply the onerous 280E provision of the tax code.
New Jersey legislative panels advance adult-use marijuana bill
Two New Jersey legislative committees advanced legislation Monday that would implement an adult-use cannabis market, a first step after voters passed a milestone legalization referendum on Election Day.
New Jersey governor picks cannabis czar after legalization vote
New Jersey Gov. Phil Murphy isn’t wasting any time getting the ball rolling after voters legalized adult-use marijuana on Election Day.
Governor signals NY will consider adult-use marijuana legalization soon
Days after New Jersey voters approved adult-use marijuana, New York Gov. Andrew Cuomo reiterated that he will push for recreational legalization in the coming months as a way to help offset the state’s multibillion-dollar budget deficit.
California marijuana industry opportunities on the rise
The turbulent California marijuana market is slowly moving toward stability with strong sales growth and plentiful business opportunities - despite being roiled by the coronavirus pandemic, looting from civil unrest and wildfires. That was among the messages from...
