Michigan ups grow capacity for medical cannabis cultivators

Omar Sacirbey  | September 29, 2017

Michigan regulators announced this week that medical marijuana cultivation license applicants will be allowed to apply for multiple permits at a single location, meaning that they could potentially grow many more plants than originally anticipated.

Under state law, growers can apply for three types of licenses. Class A license holders can grow up …

Canadian firm planning massive MMJ greenhouse in Australia

Matt Lamers  | September 29, 2017

PUF Ventures plans to build a 1-million-square-foot medical marijuana greenhouse in Australia that could eventually generate about 1 billion Canadian dollars ($850 million) annually, according to a news release from the company.

The company – based in Vancouver, British Columbia, and traded as PUF on the Canadian Securities Exchange – said the …

Canada could add 150,000 cannabis jobs – some with salaries nearing six digits

Matt Lamers  | September 29, 2017

By Matt Lamers

Canada’s medical marijuana sector is continuing its blistering pace of growth, bringing with it more jobs and higher, more competitive salaries.

The industry could add another 150,000 jobs over the next couple of years, according to one estimate, and a recent survey showed that salaries are more mainstream than ever.

Celebrity sues CBD line, claiming trademark violation

Kristen Nichols  | September 28, 2017

Actress Jessica Alba is suing a Colorado business that makes CBD nutritional supplements, claiming that Honest Herbal infringes on the trademark of her Los Angeles firm, The Honest Co., which makes personal-care products and vitamins.

Alba argues in the federal lawsuit filed in California that the 3-year-old CBD company is trying “to confuse …

Pennsylvania medical cannabis firm kicks off $500K marketing push

Omar Sacirbey  | September 27, 2017

In a first for Pennsylvania, a marijuana cultivation and dispensary business has launched a cannabis marketing campaign.

Cresco Yeltrah - which is affiliated with Illinois-based Cresco Labs - is spending roughly $500,000 on billboards, magazine and newspaper advertisements as well as a social media campaign, the Pittsburgh Post-Gazette reported.

Southern U. picks contractor to grow medical cannabis in Louisiana

Kevin Huhn  | September 25, 2017

Southern University has selected a vendor to run its medical marijuana program, moving Louisiana’s MMJ industry a step closer to reality.

Southern’s Board of Supervisors chose Lafayette-based Advanced Biomedics to grow the marijuana for the Baton Rouge-based university, which will receive more than $6 million over five years from its cultivation partner.

Under regulations established …

Suit alleges Florida medical marijuana law discriminates

Omar Sacirbey  | September 25, 2017

A black farmer from Florida has filed a lawsuit alleging that business license requirements in the state’s medical marijuana law are so restrictive they prevent most black farmers from participating and therefore renders the program unconstitutional.

The lawsuit was filed by Columbus Smith, of Panama City, according to Sunshine State News.

Under …

Canopy Growth moves into Danish medical cannabis market

Matt Lamers  | September 25, 2017

Canopy Growth signed a strategic partnership to expand into Denmark and will invest 10 million Canadian dollars ($8.12 million) in the joint venture, continuing the flurry of activity in Europe by Canadian marijuana companies.

Canopy Growth will form a joint venture with Danish Cannabis ApS, to be called Spectrum Denmark, to serve the needs …

Washington DC medical marijuana firm raises $3 million in financing

Bart Schaneman  | September 22, 2017

Holistic Industries, a medical marijuana company based in Washington DC, has raised $3 million from a pair of investment firms with ties to Florida’s MMJ industry.

Franklin Street, which has principals in Florida and Georgia, partnered with the private fund adviser Full Moon Investments to finance the deal, according to a news release.

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MA holding company helps Israeli MMJ firm expand US reach

Omar Sacirbey  | September 20, 2017

Medical marijuana research firm Tikun Olam has expanded its partnership with a canna-centric Massachusetts holding company that will eventually increase the Israeli business’ U.S. footprint to seven states.

Under its new agreement with Newton, Massachusetts-based holding company MariMed, Tikun Olam’s MMJ products will be grown, manufactured and sold in four states where MariMed has …