A marijuana lobbyist in Oakland stands accused of attempting to bribe at least two city officials, and the case has been referred to the county district attorney's office for further investigation. According to the East Bay Express, lobbyist Dorian Gray allegedly...
Scotts Miracle-Gro says California’s slow implementation of marijuana regulations is hurting sales, Arizona considers medical cannabis testing, and Maine’s governor delays MMJ regulations.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
In what's believed to be a first for the U.S. medical marijuana industry, Ohio regulators have awarded a contract to a private company for an MMJ patient call center. The three-year contract went to Direct Success, an Ohio-based company that has two subsidiaries...
Rob Kampia, the embattled former chief of the Marijuana Policy Project, was removed from the board of directors of the National Cannabis Industry Association this week, Marijuana Business Daily has learned. Kampia's ouster adds to recent turmoil at the NCIA and raises...
Texas now has at least one registered CBD patient. According to a news release, Cansortium Texas - which does business as Knox Medical in the town of Schulenburg - made its first actual sale on Thursday to the family of a 6-year-old girl with intractable epilepsy....
The latest sale of a New York state medical marijuana business license is now a done deal. iAnthus Capital Holdings on Thursday completed the acquisition of Citiva Medical, one of 10 MMJ licensees in New York, for roughly $18 million, according to a news release....
Montana’s medical marijuana businesses aren’t sitting on their hands.
In fact, it’s quite the opposite.
As 600-plus registered caregivers wait for state regulators to finalize industry regulations that were expected last June, many have taken steps to open dispensaries or even expand into retail chains for the first time.
Capital raises in the marijuana industry appear to be continuing unabated since the issuance of the Sessions Memo on Jan. 4. Country music star Willie Nelson's cannabis company joined the marijuana funding fray Wednesday with the announcement of a $12 million raise...
Following up on a plan he announced last year, California state Treasurer John Chiang on Tuesday outlined the foundation for a public bank for cannabis businesses so they won't have to operate on a cash-only basis. According to the San Francisco Chronicle, Chiang and...
The parent company of the longtime cannabis-centric publication High Times magazine has filed paperwork to raise $50 million by selling shares at $11 each. The initial public offering, disclosed in a filing with the Securities and Exchange Commission, reinforces that...
A 130-acre business park aiming to be the largest medical marijuana industrial center east of the Mississippi River is well on its way to becoming operational in the second quarter of 2018, another sign that the state's MMJ industry is thriving. The venture, known as...
British cannabis company GW Pharmaceuticals is hoping the U.S. Food and Drug Administration will sign off on its CBD-based epilepsy treatment, Epidiolex, as soon as this year. According to The Washington Post, GW is hoping to get the green light from the FDA to...
