Acreage Holdings, one of the largest multistate operators in the U.S. marijuana market, faces a demand for arbitration from a Rhode Island company that claims Acreage violated a contract agreement. CanWell filed an arbitration request alleging that New York-based...
An increase in marijuana tax revenues to California state coffers reveals the legal market's sales are slowly but steadily increasing, despite ongoing hurdles such as high taxes and unlicensed competition. California pulled in $74 million in cannabis excise taxes...
At first blush, it may seem as if the California Supreme Court's ruling on a medical marijuana case would prove a big deal for the state's cannabis industry. But that's not really the case, according to one California cannabis attorney who's also an expert in state...
Online advertising giant Weedmaps said Wednesday it will begin requiring a state license number for all marijuana retail listings on its site, indicating it will cease carrying ads for unlicensed cannabis shops and delivery services. The move could prove an enormous...
San Diego failed to adequately analyze the potential environmental impacts of its medical marijuana dispensary law, the California Supreme Court ruled in a decision that might limit the discretion of local governments across the state when approving cannabis stores....
California Gov. Gavin Newsom swept into office in 2018 just two years after he was the most high-profile politician to champion adult-use cannabis legalization in the state. With that history of support for the legal marijuana industry, many in the sector had hoped...
The FBI is looking into potential corruption in the burgeoning U.S. marijuana industry – particularly in Western markets – and is seeking tips to investigate.
Missouri is giving businesses that want to run medical cannabis facilities more time to file applications. The state's Department of Health and Senior Services extended the deadline until 4:30 p.m. CT Monday. The deadline was scheduled to end Saturday. [include_post...
In the second part of our conversation with California’s cannabis business czar, Nicole Elliott, Marijuana Business Daily asked what the administration of Gov. Gavin Newsom hopes to achieve in this ongoing battle.
California’s marijuana market is poised for huge growth after a $500 million drop in legal sales in 2018, according to a wide-ranging report released Thursday.
When Nicole Elliott was appointed senior adviser on cannabis in California Gov. Gavin Newsom’s Office of Business and Economic Development in February, many in the state’s marijuana industry cheered.
Ben Cook, a former MedMen chief operating officer, joined competitor Calyx Peak, a Nevada-based marijuana company with a presence in four states.
