New Hampshire's four fledgling medical marijuana dispensaries racked up a combined $740,000 in sales during their first few months of operation last year, indicating that the companies have a long way to go before breaking even. The figures, which are included in a...
Whether they know it or not, America’s four largest banks have held accounts for marijuana businesses, in contrast to public pronouncements that they steer clear of the cannabis industry. An analysis by RB Monitor, a Chicago-based firm that pinpoints the risks...
High Times magazine announced plans to leave New York City – where it has been headquartered for 43 years – for Los Angeles by the end of April. The reason for the move? "The center of the cannabis universe has moved to California," said Matt Stang, High Times' chief...
Regulators have given Vireo Health of New York the go-ahead to deliver medical marijuana to its patients, making it the first cannabis business in the state to get such approval. Vireo's delivery service comes in response to a new state regulation intended to boost...
Lawmakers in Maine have introduced a bill that would postpone the start of the state's recreational marijuana industry. The proposal, introduced by leaders of the state House and Senate, would extend the timeline for officials to develop and implement regulations on...
The Arkansas Medical Marijuana Commission will issue 32 licenses for medical cannabis dispensaries once the application process begins. The commission on Tuesday also set dispensary license application fees at $7,500, Little Rock television station KATV reported....
MedMen, a California-based marijuana management and consulting firm, has acquired Bloomfield Industries, a financially troubled New York cannabis business license holder that in recent months has been unable to pay vendors and has been casting for new investors....
By Omar Sacirbey
Becky DeKeuster went from being a Catholic high school teacher to a cannabis pioneer who co-founded the Wellness Connection of Maine.
DeKeuster helped Wellness Connection earn a reputation for caring service and left her mark nationally on an industry trying to find its footing. She’s now switching gears again.
CannaRoyalty Corp., a marijuana-focused Canadian investment company, plans to pay 4 million in Canadian dollars ($3.03 million) for a 20% stake in Anandia Laboratories, a biotech firm that breeds and tests cannabis plants. Anandia, of Vancouver, British Columbia, also...
In Maryland, 20 growing and processing license winners have formed a trade association tasked with improving patient access and slashing bureaucratic red tape.
Rhode Island regulators have awarded the state’s first commercial medical cannabis grow licenses to three companies in the city of Warwick: Medici Products & Solutions, OSCC and Evergreen Gardens. The newly licensed cultivators will be allowed to sell medical...
Should a Donald Trump administration try to interfere with states that have legalized recreational cannabis, California will be ready. The California Legislature on Wednesday drafted President Obama’s former attorney general, Eric Holder, to represent the state in any...
