A Las Vegas-based canna-centric investment advisory firm and a company with Seminole ownership have forged a partnership aimed at bringing medical marijuana cultivation and production to Native American lands. Electrum Partners, guided by CEO Leslie Bocskor, and...
California’s insurance commissioner is calling on insurance companies to provide coverage to cannabis firms in the state. Commissioner Dave Jones' efforts are notable given that insurance would be mandatory for cannabis businesses under proposed rules drafted by...
A marijuana licensing employee in Washington state is out of a job after leasing 25 acres of land to a cannabis cultivator planning to transform the site into a grow and processing facility. Grant Bulski - who has been issuing marijuana business licenses for...
In a move that will affect hundreds of marijuana businesses in the state, Colorado's governor signed a bill into law that will raise the retail cannabis sales tax from 10% to 15%. The tax hike - which potentially could damp retail cannabis sales - is part of a broader...
The Arkansas Medical Marijuana Commission is close to finalizing the details governing new business license applications to cultivate and sell MMJ, including how the agency plans to score permit applicants. The application period begins in June. And the five sections...
Canadian regulators have implemented new rules intended to streamline the licensing process for medical marijuana producers, a move aimed at boosting the overall output of MMJ and the number of legal cultivators.
A study of patients in Illinois suggests that CBD products are nearly as popular as THC products, and that women are the driving force behind sales of the former. The Illinois Medical Cannabis Patient Experience Study - conducted by Aclara Research, a Chicago medical...
MassRoots, a popular marijuana-focused social media platform, said in its quarterly financial filings that the company is running low on capital and will need to raise $5 million in the next year "to continue to fund operations." The Denver-based business added that...
At first blush, Vermont Gov. Phil Scott’s veto Wednesday of a limited recreational marijuana bill delivered a major blow to legalization efforts in the state and hopes for a new cannabis industry there.
But the governor, in fact, left the door open to a compromise this year.
A Florida judge issued a ruling recommending that the state’s health department issue two new licenses for the state's CBD-focused medical marijuana program, saying the pair's original applications were rejected under unfair circumstances. The judge said the two...
Vireo Health of New York, one of the state’s five licensed MMJ companies, on Monday launched a large-scale medical cannabis advertising campaign in the New York City subway system that targets nearly 100 stations with posters touting MMJ.
South Carolina became the latest state to legalize industrial hemp cultivation and sales after the governor signed legislation establishing a pilot program.
The bill, signed into law last week, creates a program that will award 20 licenses permitting growers to grow, harvest and sell hemp, The State reported. Each grower may cultivate hemp on up to 20 acres of land, according to the newspaper. The South Carolina Department of Agriculture will manage the program.
