Texas Marijuana News

CBD sales begin in Texas’ restrictive industry

Texas now has at least one registered CBD patient. According to a news release, Cansortium Texas – which does business as Knox Medical in the town of Schulenburg – made its first actual sale on Thursday to the family of a 6-year-old girl with intractable epilepsy. “The wait for medical cannabis is finally over,” Knox […]

Read More

US cannabis firm MedMen to go public in Canada to ‘add jet fuel’ to growth plan

Count California-based MedMen as the latest U.S. marijuana company looking to Canada to raise money. The management and investment firm, which operates dispensaries and production facilities in California, New York and Nevada, plans to go public in Canada later this year, CNBC reported. The company will list its shares on the Canadian Securities Exchange (CSE). The move into Canada […]

Read More

Texas CBD program stalls as growers produce oils but have no patients

Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state’s elaborate hurdles are blocking consumers from accessing marijuana-derived medicine even if it’s a cannabidiol product low in THC. “We […]

Read More

NCIA board member departs early, rips group’s direction and handling of sexual misconduct accusations

When Denver marijuana pioneer Kayvan Khalatbari announced his resignation from the board of the National Cannabis Industry Association (NCIA) in December, he intended to continue serving in the role until spring. But Khalatbari abruptly stepped down on Monday, telling Marijuana Business Daily he did so because of mounting frustrations with the organization’s direction and leadership. He […]

Read More

MassRoots board resigns; Dietrich reinstated as CEO

In the latest development in the MassRoots saga, three members of the board of directors have resigned, and former CEO Isaac Dietrich has been reinstated under the terms of a deal struck between the four of them.

“I am back at MassRoots,” an elated Dietrich told Marijuana Business Daily on Wednesday.

Read More

Longtime Marijuana Policy Project chief Rob Kampia stepping down

The founder of Marijuana Policy Project, Rob Kampia, is bowing out as executive director of the organization. Kampia, who co-founded MPP in 1995, will become director of strategic development and will continue to serve on the boards of directors for both MPP and the MPP Foundation, according to a news release issued Tuesday. Matthew Schweich, who […]

Read More

Oregon congressman starts pro-marijuana PAC

There’s a new political action committee dedicated to defeating members of Congress who cast votes against marijuana, a development that could aid MJ businesses through the passage of pro-cannabis legislation. The new PAC is dubbed the Cannabis Fund, and it was founded by U.S. Rep. Earl Blumenauer of Oregon, the Statesman Journal reported. The Democrat […]

Read More

First Texas CBD crop set to be planted

One of just three licensed growers of a high-CBD medical marijuana strain in Texas announced it plans to begin cultivation operations this week. Compassionate Cultivation, which was awarded one of the licenses in May, said in a news release it has received its license “and will immediately start cultivating its first crop” at its facility […]

Read More

Ancillary cannabis business inks $2 million equity deal

Indoor Harvest Corp. (OTCQB: INQD), a Houston-based manufacturer of commercial aeroponic systems that can be used to grow cannabis, signed an investment deal with Tangiers Global for an equity investment of up to $2 million. Tangiers Global is located in San Diego and provides funding to small and microcap public companies. In addition to the investment agreement, Tangiers provided Indoor […]

Read More

First Texas CBD dispensary aiming for December opening

The first CBD dispensary in Texas will open for business in December, with low-THC, high-CBD cannabis for sale to registered patients, one of the state’s three licensees announced this week. Cansortium Texas will open its dispensary by the end of the year in Schulenburg, about halfway between Houston and San Antonio, according to Houston Public […]

Read More