Innovative Industrial Properties, a San Diego real estate investment trust (REIT) serving the medical marijuana industry, is spending $13 million to acquire and lease out a property in Michigan slated to be used as an MMJ cultivation and processing facility....
Canadian medical marijuana producer Tilray stock surged 32% on its first day of trading on the Nasdaq, a signal of a bullish stance towards the cannabis industry.
Oklahoma Gov. Mary Fallin has reversed herself and said health regulators should rescind controversial rules that threatened to curb the growth of the state's new medical marijuana program. The State Health Board last week approved rules banning smokable flower and...
The agency overseeing Oregon’s medical marijuana industry conceded in a report it has not provided effective oversight of growers and others in the industry.
GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $10 million that it will use to purchase more businesses. The Denver company said in a news release it has more than $17 million in cash...
The Arkansas Supreme Court has agreed to speed up its review of a ruling that has halted the issuance of the state's first medical marijuana growing licenses. The high court set an expedited briefing schedule in an order this week, the Arkansas Democrat-Gazette...
Scotts Miracle-Gro said it agreed to buy the nation's largest hydroponic distributor for $450 million, a deal that will bolster the U.S. lawn and garden care giant's position in the ancillary cannabis business. Scotts said the purchase of Vancouver, Washington-based...
Louisiana lawmakers are moving to expand the state's medical marijuana program, as the product nears availability within months. The House voted 60-39 Thursday to add more conditions to the list of diseases and disorders eligible for marijuana treatment, a move that...
National & International News Developments By Roger Fillion Judge Throws Out National Cannabis Legalization Lawsuit A lawsuit against the federal government on which several cannabis legalization advocates had pinned their hopes has officially lost – at least its...
National and international news developments in the cannabis industry.
The legal and financial uncertainties overhanging a Colorado credit union that serves cannabis businesses have an added wild card: The executive who recently filed a wrongful termination lawsuit against Partner Colorado Credit Union and its high-profile CEO has his...
National & International News Developments By Roger Fillion Sessions Revokes Protections for States With Legal Marijuana Industries Attorney General Jeff Sessions ripped up an Obama-era policy that paved the way for legalized marijuana to flourish in states across the...
