Massachusetts Gov. Charles Baker on Friday signed into law a recreational marijuana bill that will allow the state to launch an adult-use program approved by voters, and an hour later, the first members of the Cannabis Advisory Board were appointed. The state...
Jamaica has received 236 business license applications since opening the permit process last year. Of the 236 applications, two licenses have been granted but not issued because the winners have yet to pay their fees, according to Hyacinth Lightbourne, chair of...
High Times Holding Corp., the company behind High Times Magazine and other assets, reportedly plans to go public in October, a move that would make it the first U.S. marijuana-focused company to list on the Nasdaq Stock Market. Private equity firm Oreva Capital bought...
By Omar Sacirbey
Vireo Health, a multistate medical marijuana business, has aggressive expansion plans. But the Minnesota company’s goals could be undermined by two former executives whom prosecutors allege moved cannabis across state lines, a violation of federal law.
There has already been fallout, and industry observers say there’s potential for more.
MassRoots - a popular marijuana-focused social media platform based in Denver - has closed a $1,217,000 private placement of common stock and warrants. The transaction follows the company's late-May report in a financial filing that it was running low on capital and...
Medical marijuana patients in Maine spent $2 million on edibles products in dispensaries in 2016, making it the fastest-growing segment of the state’s MMJ industry. The tally represents about 7.4% of the overall $26.8 million spent at Maine’s eight dispensaries last...
Alaska marijuana regulators have proposed barring marijuana businesses from giving landlords a cut of their sales revenue in lieu of rent, overriding objections from MJ industry officials. In a 3-2 vote last week, the Alaska Marijuana Control...
San Diego cannabis business executives are criticizing newly proposed cultivation, manufacturing and testing rules that the City Council put forward last week, saying they are overly strict. The executives singled out a proposed cap that would...
California is taking steps to prevent a product shortfall when the state’s recreational marijuana program launches Jan. 2. The state plans to provide temporary, four-month licenses to some marijuana growers, testing labs and distributors to ensure there will be enough...
Manitoba Premier Brian Pallister has been lobbying fellow provincial and territorial leaders to support a delayed launch of Canada’s recreational marijuana program by a year, from July 1, 2018, to July 1, 2019. Pallister said he wants to put the program on hold for a...
Massachusetts’ recreational marijuana market can expect an influx of business license applications now that lawmakers have agreed on an adult-use bill that will serve as the framework for the new industry.
San Francisco is expected to create a city marijuana office to serve as a central contact point for the municipality's recreational and medical marijuana programs, state regulators and the public. If approved Tuesday by the city's Board of Supervisors, the Office of...
