Briefs

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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Maine accepting applications for industrial hemp licenses

Maine residents who want to grow industrial hemp can now apply for the 2018 growing season. The fee schedule for prospective growers is $100 per application, $500 per license and $50 per acre. Maine has allowed industrial hemp cultivation since 2016, but federal law requires a permit for the cannabis plant, regardless of what it’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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Canada’s Emerald Health Therapeutics inks pact to raise CA$15 million

Emerald Health Therapeutics signed a deal to raise 15 million Canadian dollars ($12 million) – funds the British Columbia-based licensed producer plans to put toward production and growth plans. Under the agreement, a single Canadian institutional accredited investor agreed to purchase 3 million shares of the publicly traded company for CA$5 each. The deal is […]

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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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First Pennsylvania medical marijuana dispensary gets green light to begin sales

Pennsylvania regulators have given their first approval for a dispensary to begin providing medical marijuana once product becomes available from a licensed grower. The Keystone Canna Remedies dispensary in Bethlehem received the health department’s authorization Thursday, a major milestone for Pennsylvania’s nascent MMJ program. Regulators last week approved eight of 12 licensed companies to begin […]

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Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products. The Green Reef deal gives Phivida its first […]

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Maryland community bank accepting marijuana business accounts

A local bank in Maryland is helping medical marijuana businesses alleviate a major headache in the cannabis industry. According to The Washington Post, two marijuana dispensaries and two cultivators have opened accounts with Severn Savings Bank, an Annapolis community bank owned by publicly traded Severn Bancorp. This is an operational boon for any cannabis business, […]

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British Columbia to decide on co-locating cannabis and liquor sales

A decision is reportedly coming this month on whether British Columbia will allow recreational cannabis and liquor to be sold in the same location. The province has said it would give entrepreneurs the opportunity to participate in recreational sales of marijuana next year – alongside the provincial government – but it put off a decision on […]

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Multistate marijuana testing lab company announces acquisition in California

Oregon-based cannabis testing firm Evio Labs said it’s acquiring competitor C3 Labs in Berkeley, California, which will give it a presence in the Bay Area to go with its labs in Southern California and north of Sacramento. Evio operates 10 testing labs in five states: four in Oregon, two in California, two in Florida and […]

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Utah launches CBD probe, but some retailers unfazed

CBD chaos has spread to Utah, where state authorities have launched an investigation of the nascent cannabidiol industry even as business owners are risking expansion into the hot market. The confusion started in late December, when the Utah Division of Occupational and Professional Licensing seized about $400 worth of CBD products from an antiques store […]

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Canada’s CannaRoyalty makes headway into California’s cannabis market

CannaRoyalty said two California companies it is acquiring have received licenses to operate in the state’s new recreational cannabis market, positioning the Ontario-based business to capitalize on the largest legal cannabis market in the world. Alta Supply’s license, acquired Jan. 2, allows it to distribute CannaRoyalty’s own brands – plus products for over a dozen cannabis […]

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