Washington State Medical Cannabis Business & Marijuana Legal News


Harvest Health confirms $85.8 million Have a Heart marijuana deal

Harvest Health & Recreation, the Arizona-based multistate cannabis operator, confirmed its $85.8 million plans to acquire Interurban Capital Group, owners of the Seattle-based Have a Heart dispensary company. The company first announced its intention to acquire Have a Heart in January. That same month, Harvest said it was terminating its planned acquisition of Falcon International. Meanwhile, Harvest […]

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Marijuana businesses fight state efforts to limit THC content in flower, concentrates

Lawmakers in several states have sought to limit the amount of THC in cannabis – moves that, if successful, would likely result in costly business adjustments, loss of sales to illicit markets and other disruptions. Marijuana industry officials fighting back against the limitations say the proposals are based on questionable science, including a controversial study […]

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Oregon cannabis sales soar along Idaho border

Marijuana sales in Oregon near the Idaho border are 420% the statewide average, according to a report by the Oregon Office of Economic Analysis. The report also showed stronger marijuana sales for Washington state along its border with Idaho in 2019 than along its borders with Oregon or Canada. State economist Josh Lehner said that […]

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Washington state marijuana group wants its legislation withdrawn

The Washington CannaBusiness Association (WACA) on Friday requested that legislation it proposed last September to create a cannabis social equity fund be withdrawn for consideration this year. WACA requested the withdrawal of two bills: One called for removing barriers to capital for minority business owners. The other sought to eliminate a residency requirement for potential investors […]

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Washington state eyes marijuana enforcement changes after study

Washington cannabis regulators are recommending changes in their enforcement policies after industry officials complained the state has been “heavy-handed” in its oversight. The proposed changes come in response to a study conducted by a third-party consulting firm. The state Liquor and Cannabis Board (LCB) commissioned the study. In a conference call Thursday, LCB Director Rick […]

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Cannabis giant Harvest Health plans $87.5 million purchase

Harvest Health & Recreation, an Arizona-based multistate cannabis company, said Monday it is negotiating to pay $87.5 million in stock and debt assumption for Interurban Capital Group in Seattle. Interurban is the owner and operator of Seattle-based Have a Heart, which has a total of 11 dispensaries in California, Washington state and Iowa. It also […]

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Week in Review: Illinois adult-use marijuana market starts with $3M+ day, OR rule might limit cannabis permits, Nevada lab closes & more

Licensed recreational cannabis sales begin in Illinois, a new Oregon rule could possibly curtail the number of marijuana licenses in the state, Nevada shutters a testing lab – and more of the week’s top MJ business news.   Illinois hits 77,000-plus transactions on first day of legal adult-use MJ sales The newest U.S. recreational marijuana market kicked […]

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