Cultivation

Flower power: Canada’s new hemp rules boost CBD production, but limits remain

Canada’s hemp market is about to skyrocket under new regulations that allow the nation’s farmers to use the plant’s flower for cannabidiol extraction. The proposal has farmers and cannabis companies scrambling to capitalize on the change. “This changes everything,” said Jenn Larry, president of CBD Strategy Group, a Montreal-based consulting firm for cannabis companies. “We’ve been growing hemp […]

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Iowa awards low-potency medical marijuana production license

Iowa has chosen its sole low-potency medical marijuana manufacturer, a new Des Moines company led by owners of an Iowa food-ingredient maker. MedPharm Iowa is expected to get the state’s only marijuana production license, according to the Des Moines Register. The production license is the byproduct of an expansion of Iowa’s MMJ law earlier this year […]

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Aurora Cannabis goes on ambitious buying spree

Cash-rich Aurora Cannabis is steamrolling ahead with its aggressive domestic and international expansion plans, snapping up a leading international greenhouse design company and a late-stage marijuana production applicant in Quebec. Those deals came days after Aurora commenced a hostile takeover attempt of rival producer CanniMed Therapeutics in what could be the largest takeover in the industry […]

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Canopy Growth’s latest hemp move could add 2,000 acres

Canopy Growth is moving farther into the Canadian hemp market with the acquisition of hemp land in Saskatchewan that could scale to over 2,000 acres. The medical marijuana producer, which trades on the Toronto Stock Exchange as WEED, on Monday announced the acquisition of Green Hemp Industries. In addition to buying farm operations and associated assets, equipment, […]

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Wine grower’s lawsuit against Oregon cannabis operation to proceed

An Oregon lawsuit to halt a planned marijuana cultivation site because of potentially detrimental cannabis smells will continue. Yamhill County Judge John Collins has denied a motion to dismiss Momtazi Family vineyard’s complaint that marijuana odors would damage wine grapes with “foul-smelling particles.” According to the Capital Press, prospective cannabis cultivators Steven, Mary and Richard Wagner had asked the […]

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Medical marijuana producer ABcann ready to wheel and deal after CA$30M raise

Licensed medical marijuana producer ABcann Global Corp. has reached a deal to raise 30 million Canadian dollars ($22 million), strengthening its cash position to over CA$70 million. The proceeds of the financing are being earmarked for strategic acquisitions in the cannabis industry, the Napanee, Ontario-based company said in a news release. ABcann – traded on the […]

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Canadian cannabis company to pay $1.6M for California dispensary

A Canadian marijuana company has entered into an agreement to buy a privately owned medical cannabis dispensary in California for $1.6 million (CA$2 million), the latest sign that interest in American MJ assets is slowly picking up in Canada. British Columbia-based Marapharm put down a cash deposit of $160,000 for Green Leaf Wellness in Desert Hot […]

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Maryland awards more medical marijuana licenses as sales near

With medical marijuana sales expected to begin anytime, Maryland’s MMJ commission has awarded more licenses for businesses around the state. Licensed medical cannabis dispensaries have until Dec. 15 to open, and industry watchers have estimated 20-30 could be up and running by the new year. According to the most recent information obtained from the commission, […]

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CA state senator leads charge against large-scale marijuana grows

In an effort to protect smaller-scale cannabis growers that are worried about being forced out of the regulated market by commercial cultivators that will be producing at scale, California state Sen. Scott Wiener has vowed to push regulators to amend industry rules that were updated last week. “By not limiting the amount of land that […]

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New rules would have major impact on most Canadian cannabis businesses

A new set of regulatory proposals has been released by Health Canada that would have wide-ranging implications for most businesses in Canada’s marijuana industry — and even many stuck in the gray market. The regulations would facilitate the coming into force of the Cannabis Act – which is still subject to parliamentary approval – and […]

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New US medical marijuana markets – one year later

If it was a big year for recreational marijuana in 2016, then it was a huge one for medical marijuana.

Voters or state legislatures in 11 states – Arkansas, California, Florida, Hawaii, Louisiana, Maryland, Montana, North Dakota, Ohio, Pennsylvania and West Virginia – approved or advanced medical cannabis measures.

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L.A. firm aims to boost Colorado hemp farm by 900 acres

A Los Angeles-based real estate company is seeking to expand an 80-acre hemp research site in Pueblo, Colorado, 12-fold, which would make it one of the largest hemp operations in the state. Agritek Holdings – which has water and mineral rights on the 80-acre site it already owns in Pueblo – has been given first […]

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