The founders of one of Denver's oldest cannabis retailers have sold their business to a growing Boulder cannabis chain. Denver Relief, which launched in 2009 as a medical marijuana dispensary before transitioning to the recreational market as well, has been sold to...
Mike Elliott, for years a staple of cannabis business advocacy in Colorado, has left the Marijuana Industry Group (MIG), a state trade organization he helped develop into a true political force. Elliott, the former executive director of MIG, has not yet commented on...
By John Schroyer Erin Turoff packed her belongings and moved to Denver from New York City earlier this year for one reason: to get into marijuana investing. The seasoned asset management professional - who previously rubbed elbows with institutional investors and...
A class action lawsuit has been filed in Oregon against the manufacturer of an insecticide that was used on cannabis and was purported to be all-natural - but allegedly wasn't. Benjamin Efran has filed suit in Multnomah County Court against All In Enterprises over...
Hemp Foods Australia is doing so well the company is projecting 400% growth over the coming 12 months. CEO Paul Benhaim chalked the firm's success up to overseas demand for the hemp products' health benefits, which are particularly big in Japan, he said, according to...
A state lawmaker in Maryland who has long pushed pro-medical marijuana policies never disclosed he has professional ties to a firm that has applied for a business license under the state's MMJ program. Del. Dan Morhaim, a Baltimore County Democrat emergency room...
Florida’s haphazard CBD industry is technically up and running now that its first-ever harvest has taken place, but in the meantime a legal battle remains underway over a potential new licensee that wants the right to grow cannabis.
The harvest, completed at a facility run by Surterra Therapeutics, is the first of many to come from the six currently licensed companies allowed to produce CBD in the state, the Associated Press reported. Surterra and its peers are all poised to expand rapidly if Amendment 2, a pro-medical marijuana ballot initiative, succeeds in the November general election.
By Omar Sacirbey and John Schroyer An Illinois bank sparks fresh concerns about cannabis and financial institutions, the number of states with certified pro-marijuana ballot measures hits an all-time high, and California MJ growers face new water-use rules. Here’s a...
A co-founder and former employee of one of Oregon's largest wholesale cannabis distribution firms has filed a lawsuit against the company's CEO, alleging the executive "groped and smelled her" and that complaining about the harassment led to her dismissal. Whitney...
A recreational marijuana legalization initiative in Massachusetts and a measure to fully legalize medical dispensaries in Montana both qualified for the 2016 general election ballot this week. The Massachusetts measure will appear on the ballot as Question 4,...
By John Schroyer Louisiana's new medical marijuana program is moving ahead after two public universities opted to grow MMJ as the state's only cultivators. One university has even talked with law enforcement about about how to avoid breaking the law because of a legal...
The price of a medical marijuana card in Montana has plunged more than 90% in the run-up to when the state's dispensaries must shut their doors at the end of August. Montana's health department slashed the price of the cards to $5 from $75 for new or renewing...
