Marijuana Cultivation

US cannabis firm places Wall Street Journal ad to appeal to Trump

Readers of the Wall Street Journal were greeted Tuesday morning by a full-page advertisement calling on President Donald Trump to lift federal marijuana bans, as U.S. cannabis firms seek to capitalize on Canada’s recreational launch. “We want to get cannabis into the national narrative because this industry presents the biggest economic opportunity our generation will […]

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Montana regulators set rules on medical marijuana cultivation space

Montana regulators have set the maximum amount of space that medical cannabis providers are allotted per patient at 30 square feet, causing overproduction concerns among licensed marijuana companies. The state health department set the amount for square footage for each registered patient while finalizing rules for the medical marijuana program earlier this month, the Billings Gazette […]

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CA busts on illegal marijuana operations continue: Thousands more plants seized

More enforcement actions indicate that state and local authorities in California continue to step up efforts to crack down on black-market cannabis operations, a development that could help licensed businesses that have long complained that illicit operators undercut their sales. Here’s a roundup of some of the latest enforcement news from California: Detectives with the […]

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NJ medical cannabis program delayed by glut of dispensary applications

New Jersey’s medical marijuana program regulators won’t make the Nov. 1 deadline to announce the winners of six additional dispensary licenses. Demand for medical marijuana in the Garden State spurred New Jersey Gov. Phil Murphy in July to call for doubling the number of dispensaries, from six to 12. But the state has been flooded with […]

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Marijuana firm Cresco Labs charts plan to go public in Canada

Multistate cannabis operator Cresco Labs is looking to go public in Canada via a reverse takeover (RTO), the latest U.S. firm to use this path to a listing on the Canadian Securities Exchange (CSE). Cresco announced Wednesday that it’s pursuing an RTO of Randsburg International Gold, an Ontario-based firm that has no significant operations but is listed on […]

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Week in Review: Sweet Leaf owners make a deal, NJ/IL medical cannabis reform & Alaska tax revamp

Sweet Leaf’s owners strike a deal with Colorado marijuana regulators, New Jersey and Illinois take steps to bolster their medical cannabis markets, and Alaska overhauls its MJ business taxes. Here’s a closer look at some notable developments in the cannabis industry this week. Sweet Leaf hit hard The owners of the once high-flying Colorado marijuana […]

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Alaska plans changes to how it taxes marijuana in response to industry concerns

Alaska is revising how it taxes cannabis to address concerns raised by local MJ industry executives, a move that will make distinctions between different types of bud. The current excise tax per wholesale ounce of cannabis bud or flower is $50 in Alaska, according to the Marijuana Business Factbook 2018. That rate – equivalent to […]

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Navigating the marijuana sector: Q&A with Chris Hagedorn, GM of Scotts Miracle-Gro unit Hawthorne Gardening

If you’ve ever planted a garden or nurtured a lawn you’ve probably heard of Scotts Miracle-Gro. The Ohio company’s subsidiary, Hawthorne Gardening in Vancouver, Washington, has more recently helped cultivators with a trickier plant than carrots or Kentucky bluegrass: cannabis. Hawthorne’s rapid expansion has helped transform Scotts into a cannabis juggernaut from its early days […]

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Arkansas medical cannabis cultivator plans to start growing in February

The medical marijuana program in Arkansas – stymied by legal challenges and licensing delays – could have a cultivation facility growing and supplying marijuana in early 2019. State regulators said they plan to launch the program then, but retail licenses haven’t been awarded yet. The Arkansas Medical Marijuana Commission outsourced the review of dispensary license applications to […]

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Denver cannabis retail chain Sweet Leaf owners strike deal to pay fine, give up licenses

The owners of Denver-based marijuana retail chain Sweet Leaf made a deal with Colorado’s cannabis regulatory agency to sell the company’s remaining business licenses in the state, pay roughly $2 million in fines and drop their appeal. Alt-weekly Westword reported that owners Anthony Suaro, Christian Johnson and Matthew Aiken owe roughly $1.5 million to the […]

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