Entrepreneurs applying for medical marijuana business licenses in Ohio - but worried about having the financial cushion required by state law - can tap a source that's typically not considered a go-to business resource for MJ firms: an insurance company. Ohio’s...
Canopy Growth, already one of Canada's biggest licensed medical marijuana producers, finalized its purchase of rTrees Products, a move that extends Canopy's cultivation operations into the western reaches of the country. The two companies entered into the acquisition...
Three companies won preliminary approval from Texas regulators to receive licenses to dispense CBD-based medicine with a low THC content in the state.
Cansortium Texas, Compassionate Cultivation and Surterra Texas received the initial green light from the Texas Department of Public Safety after compiling the highest scores in the licensing process. There were 43 applicants.
CanniMed Therapeutics, a Canadian federally licensed medical marijuana producer, said it delivered the first commercial shipment of cannabis oil to Australia and has received an additional order for more product.
Canadian MMJ companies increasingly have been tapping the export market. And CanniMed is among those targeting Australia’s emerging medical cannabis market. Tilray – another Canadian MMJ cultivator – said Tuesday it had completed its first bulk medical cannabis export to Australia.
By Omar Sacirbey
Marijuana business owners and investors in the United States aren’t viewing Canada’s looming legalization of recreational marijuana as a potential competitive threat.
Rather, they see it as an opportunity to further grow the U.S. cannabis industry.
Teewinot Life Sciences – a Florida company that develops synthetic, cannabinoid-based medical therapies – raised $12.3 million in a Series B funding that attracted strong investor interest.
Mexico moved closer to legalizing the use and sale of medical marijuana with a low-THC level when the government's lower house passed a bill that now goes to the country's president. Mexican President Enrique Pena Nieto, whose government is trying to dismantle violent...
Congress unveiled a $1.1 trillion spending bill Monday that includes a provision to extend key protections for state-licensed medical marijuana businesses through the end of September. The MMJ amendment has been closely watched given the new Trump administration's...
A majority of New York's medical marijuana companies are suing to stop the state Department of Health from awarding new licenses, saying the competition could damage an industry that is operating below capacity because of a relatively small patient base. Four of New...
Changing industry fundamentals have sparked renewed discussions over whether it’s better to grow indoors, outdoors or in greenhouses. Here’s a look at the benefits and drawbacks of each method.
Five Questions With John Vardaman, Co-Author of the DOJ Banking Memo by Omar Sacirbey Marijuana businesses that have been able to land bank and credit union accounts recently might want to thank John Vardaman, a lawyer specializing in money laundering who served in...
Infused products companies are using pharmaceutical industry technologies and methods to improve dosing of THC, CBD by Omar Sacirbey Makers of marijuana-infused products are borrowing a page from the pharmaceutical industry when it comes to accurate dosing of THC and...
