Intellectual property is playing an increasingly important role in cannabis industry acquisitions and other deals as businesses look to get a leg up on rivals by purchasing or investing in companies holding valuable patents, trade secrets, copyrights and trademarks, experts said.
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CBD producer Charlotte’s Web plans marijuana entry with $8M acquisition
Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million.
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Marijuana trimming machine maker sues Border Patrol for impeding parts
A company that produces agricultural equipment for marijuana and hemp businesses filed a lawsuit in Seattle charging the U.S. Customs and Border Protection with wrongly impeding imports from Canada of components needed by its Washington state subsidiary to build trimming machines.
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Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses during the initial weeks of the year. North American cannabis companies either closed or announced more than […]
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Wildfires that damage marijuana crops are focus of new federal group
In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together “to ensure better forest management effectiveness” in the fight against such natural disasters.
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Massachusetts marijuana retailers get OK to sell hemp-derived products
Marijuana retailers in Massachusetts soon will have another revenue stream.
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South Dakota’s recreational marijuana law to be challenged in court
A lawsuit in South Dakota backed by the governor questions the constitutionality of the voter-approved amendment that legalized recreational marijuana in the state. The lawsuit was filed Friday by Pennington County Sheriff Kevin Thom and South Dakota Highway Patrol Superintendent Rick Miller and has the support of anti-legalization Gov. Kristi Noem, the Rapid City Journal […]
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Guide to key cannabis business terms
The cannabis industry has only casual definitions for terms that are very important to the industry.
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MJBizDaily details plan for wide-ranging coverage of 2020 election
Marijuana Business Daily is rolling out extensive coverage of the 2020 general election to give readers timely updates and analysis of legalization ballot measures in five states as well as key federal races that could affect cannabis reform. MJBizDaily will offer blog reporting and analysis from its reporters as well as detailed graphics and regularly […]
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MJBizDaily International will resume publishing Tuesday
Marijuana Business Daily International is closed for the Canadian Thanksgiving holiday and will resume publishing Tuesday.
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California destroys 1.1 million illicit cannabis plants
California’s annual campaign against illegal marijuana cultivation eradicated more than 1.1 million plants at 455 grow sites. The 13-week effort by state, local and federal agencies in 29 counties went off despite difficulties stemming from coronavirus precautions and massive wildfires, officials said Thursday. Because of competition from illicit operators, California’s legal marijuana businesses haven’t been […]
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Tips for getting the most out of cannabis industry virtual events
In the coronavirus era, both mainstream and cannabis companies have been forced to move planned in-person events to virtual platforms.
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