New Hampshire's House approved a full-fledged adult-use marijuana legalization bill, sending the measure to the Senate for its consideration. The legislation was approved in a 200-163 vote, according to New Hampshire Public radio. House Bill...
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New Jersey governor: Push to legalize recreational marijuana is short on votes
Days ahead of a planned vote in the Legislature that would make New Jersey the 11th state to legalize recreational marijuana, Gov. Phil Murphy said Thursday the measure is short of the votes needed to pass next week. The Democrat spoke during a news conference...
Medical marijuana regulations clear Oklahoma Senate panel
A bill to regulate Oklahoma's booming new medical marijuana industry has cleared another legislative hurdle on its way to the governor, positioning the state to impose new regulations governing tracking, advertising and other areas. The Senate Rules Committee voted...
Report: FDA chief to resign, leaving CBD review in question
Just as the CBD industry was hoping to start work next month on the cannabinoid's place in food, drugs and cosmetics, the head of the U.S. Food and Drug Administration chief is resigning. Dr. Scott Gottlieb, who told Congress last week that CBD can't be added to...
WV Senate approves banking fix to medical marijuana law, sends bill to governor
The West Virginia Senate has passed a bill addressing banking services for the state's medical cannabis program, removing an obstacle that had slowed the MMJ industry's rollout in the state. The Senate approved the bill 29-4 on Tuesday. It now...
Marijuana Business Daily appoints new editor in chief
Marijuana Business Daily has appointed Howard Burns, a longtime top editor in business-to-business journalism, as its editor in chief.
CBD beverage maker eyes global expansion via $85M purchase of Utah company
A Denver company that makes CBD drinks has agreed to acquire a Utah beverage company to increase its distribution might, especially in Asia. New Age Beverages Corp. (Nasdaq: NBEV) announced that it will acquire privately held Morinda Holdings of Provo, Utah, for $85...
Wrigley chewing gum heir is new CEO of medical marijuana firm Surterra
Chewing gum billionaire William “Beau” Wrigley Jr. has been appointed CEO of medical marijuana company Surterra Wellness, a little more than two months after leading a $65 million funding round for the firm.
Green Thumb Industries buys Nevada cannabis business in $290 million deal
Green Thumb Industries (GTI), a multistate marijuana company, has agreed to purchase a Nevada-based, vertically integrated cannabis company in a stock and cash deal valued at about $290 million. The deal expands Chicago-based GTI's footprint in Nevada, home to one of...
Canada’s Landmark Day: Country launches industrialized world’s first recreational cannabis market
Marijuana Business Daily reporters were on the ground in Canada, providing live coverage of the nation’s historic launch of its recreational cannabis market.
Colorado cannabis biotech snags $10 million for expansion
Marijuana biotech firm Front Range Biosciences announced Thursday it secured $10 million in private funding to accelerate production in California, Canada and Colorado. The company, based in Lafayette, Colorado, said it plans to invest some of...
North Dakota recreational cannabis measure approved for ballot
Supporters of legalizing recreational marijuana in North Dakota have succeeded in bringing the matter to a public vote later this year. Proponents submitted more than the required 13,452 valid petition signatures to get a measure on the November general election...
