Colorado marijuana testing lab’s potency certification is suspended
A licensed marijuana testing laboratory’s certification in Colorado to test marijuana for potency has been suspended.
Cannabis tech company Akerna moves to raise $10 million as stock falls
Struggling cannabis technology company Akerna is seeking to raise $10 million in capital in part to meet its debt obligations and other expenses.
Minnesota THC expansion leads raft of new laws on hemp extracts, intoxicants
A first-of-its-kind law allowing THC sales in outlets other than medical marijuana dispensaries takes effect Friday in Minnesota, one of several states where statues will change the rules for hemp-derived products such as delta-8 THC.
Green Thumb nets $55 million from IIP in amended marijuana lease
Marijuana real estate company Innovative Industrial Properties (IIP) amended a lease on a cannabis cultivation and processing property in Danville, Pennsylvania, operated by Green Thumb Industries, yielding a $55 million reimbursement for GTI’s development of a new building.
Cannabis producer Canopy swaps shares for $255 million of its debt
Canadian cannabis producer Canopy Growth reached a deal with noteholders to trade 255.4 million Canadian dollars ($198 million) of debt for shares and cash, thereby reducing a substantial portion of its convertible debt set to mature next year.
Marijuana TV ads might be protected from FCC under new bill in Congress
Marijuana companies might soon have the option of running television advertisements without fear of federal intervention under a new bill advanced by the U.S. House Appropriations Committee.
DC to allow ‘self-certification’ for all medical marijuana patients
Younger cannabis consumers in the nation’s capital will no longer need a doctor’s recommendation to visit one of Washington DC’s seven medical marijuana dispensaries.
