Michigan Gov. Rick Snyder is requesting that state police investigate whether regulators are taking bribes in exchange for medical marijuana licenses. Snyder's spokeswoman told the Detroit Free Press the governor asked the state police to open an investigation....
Joey Pena
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Seattle-based GRN Funds to provide cannabis banking solutions in Florida
Seattle-based GRN Funds is planning to provide banking services starting Aug. 16 to the Sunshine State’s medical marijuana treatment centers and ancillary marijuana businesses that successfully complete its application process.
Marijuana operator Acreage Holdings announces landmark $119 million funding
New York-based Acreage Holdings appears to have set a record for the largest private funding round ever closed by a U.S. cannabis company, raising $119 million to bankroll acquisitions and list its shares on the Canadian Securities Exchange.
Some preventive medicine can save marijuana cultivators a lot of money
Worried about the fallout from marijuana that doesn’t meet state requirements?
Simply taking preventive measures such as investments in infrastructure and increased vigilance in cultivation operations can help growers stave off costly catastrophes.
Maine lawmakers overrule governor, paving way for new medical marijuana reform
Maine’s legislators on Monday voted to override Gov. Paul LePage’s vetoes of two medical marijuana bills.
The move is a big win for MMJ businesses in the state since it gives them more say in how they operate as well as more flexibility, Sen. Eric Brakey, the sponsor of Legislative Document (LD) 1539, told Marijuana Business Daily
Caribbean nations consider paths to legalizing, regulating marijuana
Acknowledging the economic benefits of legalizing cannabis, Caribbean nations are looking toward reviewing marijuana’s status as an illicit drug and moving toward regulating it instead. Heads of state of the Caribbean Community (CARICOM) "have...
‘Waste, money lost’ as California cannabis retailers unload product
Cannabis retailers in California are scrambling to unload product that won’t be compliant with state regulations starting July 1. They were given six months to exhaust their supplies of products made before the new requirements, and the deadline to sell those products...
Week in Review: FDA approves CBD drug, Arizona court bans marijuana extracts & federal cannabis reform
The FDA signs off on a cannabis-derived drug to treat epilepsy, an Arizona court says marijuana extracts are illegal in the state, and a bill that would deschedule MJ is introduced in Congress.
Court ruling could have cooling effect on AZ’s $425M medical cannabis market
Cannabis extracts, which account for almost half of Arizona's medical marijuana sales, are illegal, according to the state's Court of Appeals. The court's 2-1 ruling is a blow to one of the nation’s largest, fastest-growing MMJ markets, alt-weekly Phoenix New Times...
July 1 could be ‘extinction event’ for some California cannabis businesses
Many California marijuana companies are worried if they will survive past the state’s July 1 deadline for complying with a comprehensive set of readopted and updated emergency regulations. The deadline to sell product that hasn't passed mandated tests might even prove...
Alaska city rejects marijuana retail sales tax increase
(This story has been updated to include information from Jana Weltzin, a cannabis attorney.) The Anchorage Assembly voted against a 2% tax increase on cannabis retail sales Tuesday. MJ business owners see the Assembly’s 8-2 vote as a win for them and a blow to the...
As PA rewrites medical cannabis research law, operators weigh new litigation
Commercial cannabis growers and dispensary operators are weighing their legal options in response to a newly rewritten Pennsylvania law around medical marijuana research. HB 2477, recently signed by Gov. Tom Wolf, allows the state’s medical schools to partner with...













