Omar Sacirbey

Upstart Ohio medical cannabis firm raises CA$85 million to expand footprint

A young cannabis company headquartered in Columbus, Ohio, raised 85 million Canadian dollars ($65 million) that it will use to expand its operations. Green Growth Brands – whose CEO, Peter Horvath, resigned a year ago from his executive post with Pittsburgh retail giant American Eagle Outfitters – closed the round in Toronto, where the company was […]

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Louisiana medical marijuana sales delayed by lack of testing lab

A failure to find an independent testing lab will delay medical marijuana sales in Louisiana at least until January, roughly two months after the market was originally anticipated to launch. The lack of an independent lab also means Louisiana’s Department of Agriculture department will handle product testing for now, The Advocate reported. GB Sciences, one […]

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New Jersey medical marijuana patients double since new conditions added

Illnesses added to New Jersey’s list of conditions for medical marijuana usage have helped double the number of MMJ patients in the state to 34,000 since the beginning of the year. New Jersey’s Health Department said Monday that the majority of the 17,000 new patients have one of five medical conditions that Gov. Phil Murphy, […]

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DE medical cannabis business owner gets industry ban for forging doctor’s signature

Forging physician signatures can get someone booted from the marijuana industry and could lead to jail time. That’s the hard lesson Carolan Krajewski, owner of Delaware Holistic Medicine, is learning after pleading guilty to tampering with public documents. The business, which previously was known as Disjointed, provided health records to help patients get medical marijuana […]

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Massachusetts cannabis regulator: Social consumption venues ‘years’ away

A member of Massachusetts’ marijuana regulatory agency predicted that social consumption businesses are “years” away from happening in the Bay State, even though a voter-approved ballot initiative legalizing recreational MJ in 2016 gave regulators the authority to license such venues. A provision in state law effectively kills any chance that social consumption businesses will be approved anytime […]

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New legislation could boost New Jersey’s medical marijuana patient population

New Jersey medical marijuana companies might see more patients thanks to proposed legislation that would make it easier for state regulators to approve new conditions that can be treated with MMJ. The measure is contained in a legalization bill unveiled last month that would create a recreational marijuana industry and make changes to the state’s existing medical […]

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MA cannabis business to use medical inventory to support recreational sales

A Massachusetts medical cannabis business that is close to receiving permission for recreational retail sales plans to pull product from its MMJ inventory to supply its recreational outlet, the Boston Business Journal reported. New England Treatment Access, one of only two businesses to receive a final recreational marijuana retail license from Massachusetts’ Cannabis Control Commission last […]

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MedMen inks dispensary deal to enter Illinois medical cannabis market

Los Angeles-based MedMen announced its second acquisition of the week to expand its national footprint – this time into the Illinois medical marijuana market. The multistate marijuana business agreed to acquire Seven Point, a licensed medical cannabis dispensary in the Chicago suburb of Oak Park. Terms of the deal weren’t disclosed, but it comes on the heels […]

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US lawmakers urge feds to expand approved marijuana growers for research

Fifteen U.S. House lawmakers urged the heads of the Department of Justice and the Drug Enforcement Administration to expand the number of federally approved marijuana cultivators allowed to grow cannabis for research purposes. The request, made in an Oct. 1 letter, comes on the heels of the DEA granting approval to medical researchers at the […]

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British Columbia cannabis cultivation business intends to acquire Women Grow

A Canadian business that’s applying for one of the country’s marijuana production licenses signed a letter of intent to acquire Women Grow, a U.S.-based company that launched as a for-profit venture in 2014 to empower women in the cannabis industry by providing networking opportunities, mentoring and business support. HollyWeed North Cannabis, a consulting firm that […]

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Northern Mariana Islands governor signs landmark adult-use cannabis law

A tiny group of islands in the western Pacific took its place in history Friday when the governor signed a bill to legalize recreational marijuana, making it the first U.S. territory to do so. Gov. Ralph D.L.G. Torres of the Northern Mariana Islands (CNMI) signed the bill, passed by the territory’s Congress earlier this year, but not […]

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