Iowa Gov. Kim Reynolds signed into law a bill that replaces the 3% THC cap with a per-patient limit of 4.5 grams of THC for a 90-day period, but it’s unclear how much the move will boost the state's heavily regulated medical cannabis market. The provision is a much...
The coronavirus pandemic has caused the cannabis industry to focus on operational efficiency rather than rapid growth, a shift that has resulted in layoffs in California and other locations across the country. But panelists at the MJBizConNEXT Direct conference on...
If cannabis companies can survive this "giant curveball" and economic downtown, those businesses can “slingshot out of it” in better shape and with more opportunities than before the coronavirus. That was one of the central messages delivered Monday by Charlie...
Multistate marijuana operator Acreage Holdings said it has closed on a deal to acquire a New Jersey medical cannabis operation for $10 million, plus the assumption of debt. The acquisition, announced last year, gives Acreage a firm foothold in a marijuana market...
Employees at Cresco Labs’ Illinois marijuana dispensary in Lakeview have voted to unionize, one of the industry's first unionization elections since the coronavirus pandemic. Workers voted 16-4 to be represented by the United Food and Commercial Workers Local 881,...
A career U.S. Justice Department attorney testified Wednesday that antitrust investigations of 10 cannabis mergers since March 2019 were “not even close to meeting established criteria” for such reviews and agreed they amounted to industry “harassment” by Attorney General William Barr.
The owner of pioneering High Times magazine is scrambling to close a marijuana retail acquisition in California that includes a tangle of owners and entities, several social equity partners and properties not yet built out. Los Angeles-based High Times Holding is...
One day is critical when it comes to filing court appeals, especially if you don't use an approved delivery service. That’s what two California marijuana companies learned when the U.S. 9th Circuit Court of Appeals, based in San Francisco, threw out their challenge of...
A group behind legalizing recreational marijuana in Montana said it is submitting for verification roughly 52,000 signatures - more than double the required amount - to qualify a November ballot initiative that would regulate and tax adult-use MJ sales in the state....
Maine’s largest medical marijuana company is suing the city of Portland in federal court, claiming that an adult-use licensing preference for residents violates the commerce clause of the U.S. Constitution. Wellness Connection of Maine, a vertically integrated...
Arkansas regulators approved a sixth cultivation license to support a rapidly growing medical cannabis market nearing $100 million in total sales.
Missouri regulators approved the first medical cannabis company to start growing MMJ in the state, extending a sales launch into the fourth quarter of 2020. BeLeaf Medical’s Sinse cultivation facility in St. Louis County received final state approvals to begin...
