Massachusetts regulators gave preliminary approval to rules that would permit marijuana cafes and delivery services in the state, paving the way for the creation of two new types of cannabis businesses. The state's Cannabis Control Commission (CCC) approved draft...
Three medical marijuana companies in Pennsylvania received approval from the state’s department of health to grow medical marijuana for research in partnership with three universities. New evidence-based research that provides physicians better insight into MMJ could...
Minnesota’s two medical marijuana companies, Leafline Labs and Minnesota Medical Solutions, lost a combined $2.4 million in 2018, continuing the losses that have marked the state's program since it began in 2015. But top executives from the...
Medical marijuana companies in Connecticut likely will see a boost in business after the state expands its MMJ program with five new qualifying conditions. A board of physicians recommended the new conditions at the Department of Consumer Protection's regular meeting...
A federal appeals court in New York told the U.S. Drug Enforcement Administration (DEA) to “promptly” reconsider its classification of cannabis as a Schedule 1 drug. While it's unclear whether the DEA will act, such a move could have a wide-ranging impact on medical...
Abner Kurtin spent almost his entire professional career in the hedge fund and investment industries before founding Boston-based Ascend Wellness in 2018 and trying his hand as the CEO of a multistate cannabis company.
A bill aimed at legalizing medical marijuana in Nebraska did not move forward in the state Senate after backers reported they couldn’t get enough votes to end a filibuster by opponents. The measure's sponsor, state Sen. Anna Wishart, said she...
Arkansas’ first medical marijuana dispensary opened Saturday, marking the debut of MMJ sales roughly 2½ years after voters approved a legalization referendum in 2016.
Carol Bartz has had a front-row seat to the nation's technology boom dating back decades. The former Yahoo CEO sees parallels between today's cannabis industry and high tech. “It’s like being back in tech 20 years ago," Bartz told CNBC earlier this year. "It’s like so...
A bipartisan group of 30 members of Congress on Tuesday sent a letter to U.S. Attorney General William Barr and Uttam Dhillion, the acting administrator of the Drug Enforcement Administration, urging their agencies to speed research into medical marijuana instead of...
A major cannabis industry investor has made what is thought to be one of the largest private donations to study marijuana’s health effects. It's a move that could prove beneficial for the cannabis industry at large by spurring research in the...
New Mexico Gov. Michelle Lujan Grisham signed legislation that makes some notable changes to the state’s medical marijuana law and could boost sales for MMJ businesses, including retailers and manufactures. The state’s health department will have to draft regulations...
