An Arkansas medical cannabis company filed a lawsuit against three state agencies over a failed bid to win a dispensary license. Medicanna filed the suit in Pulaski County Circuit Court against the state Medical Marijuana Commission, Alcoholic...
John Rebchook
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No need to raise Iowa’s medical cannabis sales cap, governor says
Iowa's governor believes the state's proposed limit on how much medical marijuana a dispensary can sell an individual is adequate. The state's Medical Cannabidiol Board recommended earlier this month the removal of a 3% cap on the amount of...
Maine issues guidance on marijuana advertising
In an effort to keep Maine's cannabis businesses compliant with state laws, regulators issued a reminder guidance regarding how to advertise. The state's Office of Marijuana Policy released the guidance after an investigation into cannabis-related advertisements at...
Hoping to legalize adult-use cannabis, New York gov plans visits to rec states
New York Gov. Andrew Cuomo said he will visit several markets that have legalized recreational marijuana in an effort to help develop a plan to get similar legislation passed in his state. "I’m going to visit Massachusetts, Illinois and...
New Mexico alters rules for medical marjiuana sales to nonresidents
New Mexico has stopped issuing medical cannabis enrollment cards to people who live outside the state but soon will allow nonresident patients enrolled in other state programs to buy MMJ. Only a week ago, New Mexico reversed course on a...
Kentucky House advances medical cannabis legalization bill
The Kentucky House of Representative voted to legalize medical marijuana sales in the state. The bill, which passed 65-30, now moves to the state Senate. The House and Senate are controlled by Republicans. The House vote represents the first...
Denver establishes number of marijuana business locations
Denver’s marijuana regulator set the number of marijuana locations in the city for the first time since 2016.
Sol Global subsidiary gets $15M loan to build FL medical cannabis facility
Toronto-based cannabis company Sol Global Investments on Friday said a company it owns secured a $15 million construction loan to fund the building of an 88,327-square-foot indoor medical marijuana cultivation, processing and lab facility. [include_post...
Harvest expands medical marijuana market reach by buying Arizona rival
Arizona's largest medical cannabis company, Harvest Health & Recreation, grew its footprint in the state by acquiring competitor Arizona Natural Selections. Under terms of the deal, Harvest received: Vertical licenses for three operating...
Australis ends purchase of Colorado CBD firm after lurid charges emerge
Australis Capital, a cannabis investment firm based in Las Vegas, terminated its planned acquisition of hemp company Folium Biosciences in the wake of shocking headlines that surfaced regarding the Colorado company it was going to purchase only two months ago....
Multistate operators hog Missouri medical cannabis licenses
Missouri granted medical marijuana licenses to some of the largest multistate cannabis operators in the U.S., leading to a flurry of complaints from applicants who were rejected.
California extraction firm that serves cannabis sector sells for $50 million
Gibraltar Industries, a diverse manufacturing company based in Buffalo, New York, paid $50 million for the assets of Delta Separation, an ethanol extraction equipment manufacturer that sells to the cannabis and hemp industries.
