Roger Fillion

Scotts to buy hydroponic distributor for $450M, boosting cannabis reach

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 Sunlight Supply will boost the ability of its marijuana-related subsidiary, Hawthorne Gardening, to serve the hydroponic […]

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Louisiana House backs expansion of medical cannabis program

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 would be a boon for MMJ sales. Rep. Ted James’ proposal would include glaucoma, […]

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Cannabis credit union accuser faces own lawsuit as questions swirl over company’s banking efforts

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 own legal problems. Matt Cochran – who was hired last summer by Partner Colorado CEO Sundie […]

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Cannabis grow-equipment company GrowGeneration raises $9 million

GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $9 million through the offering of convertible notes. The Denver company said in a news release filed with the Securities and Exchange Commission that it plans to use the proceeds to expands its operations. CEO Darren Lampert said […]

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Vermont House approves bill legalizing possession and home growing of marijuana

Brushing aside fears of a possible federal crackdown, Vermont’s House approved legislation Thursday that would permit adults older than 21 to possess small amounts of marijuana and grow their own plants beginning in July. The vote came after lawmakers rejected two attempts to slow marijuana legalization, first by refusing to delay a vote in response to U.S. […]

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US prosecutor in Colorado signals no change in stance toward marijuana businesses

The top federal prosecutor in Colorado indicated his office is unlikely to make any major changes in its enforcement stance toward legal marijuana businesses operating across the state. U.S. Attorney Bob Troyer of the District of Colorado said his office’s policies already mesh with those outlined Thursday by Attorney General Jeff Sessions – and that […]

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Massachusetts to continue rolling out rec cannabis legalization, officials say

Massachusetts cannabis regulators said Thursday they will proceed with plans to legalize recreational marijuana, downplaying Attorney General Jeff Sessions’ reported decision to rescind an Obama-era policy that paved the way for legalized cannabis to flourish. The state’s five-member Cannabis Control Commission said in a statement its job “remains the same,” the Boston Herald reported. “As […]

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Florida bank that welcomed medical marijuana firms now closing accounts

Orlando-based First Green Bank – which earlier this year opened accounts for six of Florida’s seven medical marijuana producers and openly agreed to provide them with financial services – said it is shuttering the accounts. The Miami Herald reported the move reflects a pending acquisition of First Green Bank by a bigger financial institution that […]

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Nevada recreational marijuana sales set record in October, hitting nearly $38M

Nevada’s young recreational marijuana market remains red hot, showing few signs of slowing since launching in July. Sales of recreational marijuana accelerated in October, hitting a record $37.9 million – up notably from the $27.7 million recorded in September, the Las Vegas Review-Journal reported. Under Nevada’s “early start” program, licensed medical marijuana dispensaries were allowed to begin […]

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Big labor sees growth potential in California cannabis workers

Unions have caught a whiff of a rare opportunity to organize a whole new set of workers as recreational marijuana becomes legal in California. The United Farm Workers, Teamsters and United Food and Commercial Workers are looking to unionize the tens of thousands of potential workers involved in the legal marijuana game, from planters to rollers […]

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