Denver-based Akerna, a technology cannabis compliance company, on Wednesday said it plans to pay up to $45 million in stock and cash for Canada-based Ample Organics. Ample Organics is a seed-to-sale software company that says it serves more...
John Rebchook
John Rebchook's Latest Posts
Medical cannabis products removed from Pennsylvania shops
TerraVida Holistic Center, the largest medical marijuana retailer in Pennsylvania, removed Standard Farms products from its stores after allegations surfaced that former executives of the company broke public safety laws.
Green Growth ends $310 million purchase of marijuana firm
Green Growth Brands, an Ohio-based cannabis and CBD company, said Wednesday it is terminating its $310 million, all-stock purchase of California marijuana company Moxie, a privately held multistate operator. Green Growth ended the planned...
Wholesale cannabis bud prices in Colorado set record
The median price of a pound of marijuana flower sold or transferred to a retail store in Colorado rose to a record $1,316, according to the most recent state data. The price, based on sales between Aug. 1 and Nov. 30, will serve as the average...
Marijuana vape products recalled in Michigan
The Marijuana Regulatory Agency (MRA) is recalling vape cartridges that failed laboratory testing because they contained high levels of vitamin E acetate, a substance linked to lung illnesses cause by vaping. Many of the vape cartridges being...
Chicago considers delaying recreational cannabis sales
Sales of adult-use marijuana in Chicago would begin July 1, not Jan. 1, like the rest of the state, if an ordinance passed by a City Council committee is adopted. The committee voted to delay the sale of rec marijuana at the request of black...
Illegal cultivation
California agency filed a lawsuit against Lowell Herb, alleging the Los Angeles-based company had processed marijuana without a license in San Luis Obispo County in California between December 2018 and March.
Most marijuana insurance claims involve theft
Roughly 90% of cannabis insurance claims in the U.S. industry involve theft, according to Gerrit Nagarwalla, a claims supervisor at London-based Canopius Group. He also suspects much of the thefts involve “some element of inside information,”...
New Jersey residents to vote on adult-use marijuana next year
In a historic vote, a supermajority of New Jersey lawmakers passed a proposed ballot question on Monday to legalize recreational marijuana, putting the referendum before voters on the 2020 ballot. The Democrat-led Assembly approved the measure...
First lab applies for Maine recreational cannabis testing license
Nelson Analytics became the first lab in Maine to apply for a certification to test adult-use marijuana in the state. Testing for pesticides, heavy metals and residual solvents likely won't begin until Maine's recreational marijuana market has...
Chicago mayor floats recreational marijuana idea for minorities
Chicago Mayor Lori Lightfoot is pushing a social equity program in which the city would use up to $15 million in seed money to grow its own recreational marijuana in a “cooperative cultivation center.” Under the proposal, minorities could...
New Jersey lawmakers vote to put adult-use cannabis on 2020 ballot
New Jersey lawmakers approved a historic resolution Monday that will put adult-use marijuana legalization on the 2020 ballot. Both the New Jersey Senate and Assembly passed the resolution by the three-fifths vote necessary to place it on the...
