Briefs

Manitoba’s Delta 9 strikes deal to raise CA$20M for cannabis cultivation and retail

Delta 9 signed a stock-purchase agreement to raise 20 million Canadian dollars ($16 million) to ramp up cultivation and bankroll its bid to become a retailer of recreational marijuana in Manitoba. The Winnipeg, Manitoba-based medical marijuana producer said in a news release it nailed down the bought-deal agreement with a group of underwriters led by […]

Read More

Key federal medical cannabis protection gets stay of execution – again

The only current federal statute protecting medical marijuana businesses from U.S. law enforcement agencies has been extended again, this time until Dec. 22. The Rohrabacher-Blumenauer Amendment – previously known as Rohrabacher-Farr – will remain in federal law for at least another two weeks under a budget deal passed by Congress Thursday afternoon. The budget bill, […]

Read More

Class-action suit against Canadian medical marijuana producer expands scope

The scope of a class-action lawsuit targeting Organigram has been expanded to cover allegations that the cultivator’s pesticide-tainted medical marijuana made patients sick before it was recalled. according to CBC News. The initial suit alleged that Organigram’s “design, development, testing, manufacturing, distribution, sale and marketing of its purported organic medical cannabis were negligent” and that […]

Read More

280E fix in Congress still possible with tax bill, senator says

U.S. Sen. Cory Gardner tried but ultimately failed a week ago in his bid to include an exemption from 280E for state-compliant marijuana businesses in the landmark tax reform package passed by the Senate. But the Republican from Colorado told Marijuana Business Daily on Thursday he’s still hopeful his amendment can make it into the final […]

Read More

CBD manufacturer buys stake in Canadian maker of hemp, MJ pharma products

A CBD manufacturer with offices in Canada and California is moving further into the Canadian cannabis market, acquiring a 25% stake in a company in the final stages of licensing to make hemp and marijuana pharmaceutical products. Isodiol International said it’s acquiring 25% of Canadian National Pharma Group, a pharmaceutical manufacturing company. Isodiol also has […]

Read More

Neo-Nazi charges spur Oregon marijuana lab executive’s exit

The founder and executive director of a state-licensed cannabis testing lab in Eugene, Oregon, is stepping down amid allegations she is a neo-Nazi supporter. Bethany Sherman also plans to sell the OG Analytical testing lab she founded in 2013, according to The Oregonian. Her actions follow allegations by a local Antifa group that she and Matthew L. […]

Read More

Nova Scotia plans to sell recreational cannabis in government-run alcohol stores

The Nova Scotia government unveiled plans to sell recreational marijuana alongside alcohol in government-run stores, a move that essentially bars privately owned businesses from investing in retail opportunities. The province proposed that marijuana be sold in existing Nova Scotia Liquor Corp. stores to consumers 19 or older. The plan appears to run counter to public […]

Read More

Pennsylvania boosting available hemp licenses by two-thirds for 2018

Pennsylvania’s hemp production is poised to expand dramatically after Gov. Tom Wolf announced plans this week to increase the number of available hemp licenses by 66% – and the total acreage by even more. Wolf said Pennsylvania’s first year in the modern hemp market, 2017, was a “learning experience.” Pennsylvania authorized hemp in 2016, with the first […]

Read More

Will federal marijuana safeguard be extended again?

With the current federal budget set to expire Friday, speculation has swirled in Washington DC over whether Congress will once again reach a deal to keep the old budget in place temporarily and prevent the U.S. government from shutting down. Medical marijuana businesses have good reason to pay attention: If the previous budget is not extended – […]

Read More

California’s new marijuana regulations will hurt small farmers, two lawmakers say

In a bid to protect family farms, two California legislators are seeking revisions to the state’s marijuana cultivation regulations. State Sen. Mike McGuire and Assemblyman Jim Wood support a 1-acre cap on grow sites to prevent small farmers from being pushed out by corporate farming operations, the Los Angeles Times reported. A cap of licensed […]

Read More

CBD sales spike in Indiana ahead of feared crackdown

Stores selling CBD in central Indiana are seeing a spike in sales after the state’s attorney general declared the products illegal with one limited exception. Kokomo store owner Joan Johnson said sales and interest in CBD increased after Attorney General Curtis Hill issued his opinion last month, the Kokomo Tribune reported. Hill said that CBD products are […]

Read More

L.A. City Council passes cannabis industry regulations

In a 12-0 vote Wednesday, the Los Angeles City Council approved a regulatory framework for licensing marijuana businesses ahead of California’s statewide cannabis market launch on Jan. 1. The council voted to advance three ordinances to the mayor’s desk, all of which establish a wide-ranging set of rules for marijuana businesses that want to operate […]

Read More