Briefs

San Diego DA, marijuana businessman agree to settlement in criminal case

James Slatic and his San Diego cannabis distribution company have apparently come out on top in a nearly two-year fight with the district attorney’s office. The DA has agreed in a settlement to return nearly $300,000 to Slatic that was seized in January 2016 when law enforcement agents raided Med-West Distribution, Slatic’s San Diego cannabis company, the […]

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Aphria inks deal to secure CA$100 million for M&As, expansion

One of Canada’s largest medical marijuana producers announced a stock-purchase deal to raise 100 million Canadian dollars ($77.7 million) in capital, which it intends to apply to the construction of new production facilities globally and in Canada. To date in fiscal 2017, Aphria has raised CA$237 million, CFO Carl Merton told Marijuana Business Daily. This does not […]

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New Mexico medical marijuana businesses see big spike in patient pool

New Mexico saw a 77% increase in registered medical marijuana patients in the past year, giving the state’s dispensaries a significantly larger pool from which to attract customers. New Mexico’s registered patients totaled 45,347 as of Nov. 30, a net gain of 19,650 over the previous year, according to the Las Cruces Sun-News. Here’s what you need […]

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North Dakota taking feedback on medical cannabis regulations

North Dakota health officials are gathering public input about proposed medical marijuana rules as the state prepares to launch its MMJ program. Health officials plan to hear from prospective dispensary operators who want to comment at meetings in six cities over the coming week, according to the Williston Herald. North Dakota Department of Health officials conducted two […]

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Third Canadian pharmacy strikes pact to be a medical marijuana supplier

Another Canadian pharmacy company has jumped into the medical marijuana business by locking up a supply agreement with a licensed producer, bringing to three the number of chain operators angling to enter the MMJ industry. Toronto-based Maricann Group has signed an exclusive deal with Lovell Drugs, Ontario’s oldest pharmacy chain. Financial terms were not disclosed. And unlike […]

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Second Ohio medical cannabis consultant draws scrutiny

The system for awarding the precious few medical cannabis cultivation licenses in Ohio was already under the microscope after the revelation that a judge had a felony drug conviction. And now it’s come to light that a second consultant involved in scoring MMJ grow applications has ties to one of the permit winners. Keoki Wing, who was […]

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Aphria cutting US marijuana exposure amid delisting review

Aphria is scrambling to shed direct involvement in American medical cannabis businesses as it undergoes a delisting review by its stock exchange operator. The Leamington, Ontario-based company has been in the hot seat since the TMX Group – parent of the Toronto Stock Exchange and the TSX Venture Exchange – said companies with direct business […]

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Colorado certifies more hemp seeds, boosting approved cultivars to seven

Colorado has approved four more hemp cultivars, bringing the nation’s top hemp-producing state to seven varieties of certified seed. The new varieties, like the previously approved seeds, are intended for fiber and seed production. Colorado, the only state to certify hemp seeds, does not have any certified seeds suited for indoor cannabidiol production, currently the most […]

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Oregon marijuana company tries to grow brand through cycling sponsorship

As more and more marijuana companies look for ways to get their brand name out in front of the public, an Oregon cannabis business has decided one way to do that is to sponsor a local cycling team. Oregon-based cultivator Grown Rogue is backing the Portland Olympia Beer Cycling Team, according to a news release. The […]

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Uruguay ups THC limit as recreational cannabis customer base grows

Uruguay’s government has increased its THC limit for recreational customers from 2% to 9%, meaning the country is a step closer to a full-strength adult-use program. Five months after the launch of recreational cannabis sales, more than 16,000 Uruguayans have registered to buy marijuana, The Independent reported. Roughly 5,000 had signed up for the rec program […]

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Denver gets first marijuana social-use applicant

More than a year after Denver voters approved marijuana social-use lounges, the city has its first applicant – a coffee shop that plans to allow vaping and the consumption of cannabis edibles. The Coffee Joint’s application comes more than five months after Denver finalized rules for social-use clubs. The rules are so restrictive that some […]

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Hydroponics firms expect ‘huge influx’ of Canadian customers

Hydroponics companies in Canada are already gearing up for an expected “huge influx” of customers once recreational marijuana is legalized in 2018. The potential home-grow market for adult-use cannabis is being compared to alcohol’s home brew segment, thus opening the door for entrepreneurs, The Globe and Mail reported. Some companies, such as British Columbia-based nutrient maker […]

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