Montana voters will decide in November if they want to join the growing list of states with adult-use marijuana, and if they do, the market will be one of a shrinking number that allow only in-state residents to comprise the industry. The ballot measure would also set...
A Massachusetts cannabis company filed suit against the state, alleging that unnecessary delays on one of its business licenses has cost it $1.2 million.
Democrats in the U.S. House of Representatives decided this week to hold off on a floor vote for the Marijuana Opportunity Reinvestment and Expungement (MORE) Act until after the November election, essentially caving to Republican political pressure. MJBizDaily...
Vermont could become the second state in the nation to legalize adult-use marijuana sales through its legislature if a compromise measure hammered out by lawmakers passes both chambers and is signed into law in coming weeks.
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday – in advance of even more opening in the coming months.
To assist the national marijuana industry in paying its federal taxes, the Internal Revenue Service issued a series of guidance documents that apparently are aimed at clarifying the process for businesses. The IRS announced the guidance via...
Devastating wildfires up and down the West Coast of the United States this week reportedly burned down a number of cannabis farms in Oregon and threatened even more in California and Washington state. The situation has many marijuana farmers voicing concerns this is...
A cannabis research and development deal hailed just last March as a $300 million partnership has morphed into a nearly $1 billion court battle.
The long-awaited recreational marijuana industry in Maine took another step toward launching this week when regulators began issuing business permits. By Wednesday, the state's Office of Marijuana Policy had upgraded six licenses to "active"...
The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a new partnership this week with cannabis payment processor Hypur to bring digital payment options to MJ retailers in the state.
The city of Los Angeles and its cannabis regulators are facing yet another lawsuit over the city's controversial and much-delayed social equity program and the marijuana business licenses connected to it. Three companies that lost out in their bids to win social...
The Montana cannabis market has undergone dramatic changes since voters approved medical marijuana more than 15 years ago – including near extinction followed by a voter-approved initiative in 2016 and other steps that have allowed the industry to thrive.
