Recreational Marijuana News

Feds team with California officials to combat illegal cannabis grows

One of California’s U.S. attorneys is joining forces with the state attorney general in a renewed effort to crack down on illegal cannabis growers while allowing licensed marijuana companies to continue doing business as usual. McGregor Scott, the U.S. attorney for the eastern district of California, announced this week that his office will be bringing […]

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California marijuana vape pen maker to expand into Nevada

The interstate expansion race continues in the cannabis industry, with the latest participant being California-based Bloom Farms, a longtime vape pen and cartridge maker. The Oakland company has expanded into the Nevada market and is already selling product in nine different retail locations in Las Vegas, Reno, the Lake Tahoe area and Carson City, according […]

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Week in Review: Ohio cannabis real estate woes, Missouri ballot measures & Oregon legal jitters

Ohio medical marijuana companies spend thousands on real estate while awaiting licenses, Missouri MMJ businesses eye ballot measures that would prove most business-friendly, and Oregon’s top federal prosecutor calls out the state’s excess cannabis output. Here’s a closer look at some notable developments in the cannabis industry over the past week. Waiting for Godot No […]

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Michigan anti-cannabis group now urges legalization

A campaign formed to combat a Michigan recreational marijuana legalization ballot measure has pivoted in a big way: It’s now asking state lawmakers to establish a more stringent adult-use MJ regulatory system instead of leaving it up to voters.

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MA entrepreneurs fear local resistance, fees will hinder recreational cannabis rollout

Massachusetts’ recreational marijuana program is set to launch July 1, but cannabis business executives in the state predict that fewer than a dozen retail marijuana stores will be ready to open. “It’s going to take 18 to 24 months until there’s a robust retail marketplace,” David Torrisi, president of the Commonwealth Dispensary Association, told The […]

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Most Georgians want legal recreational cannabis, poll shows

A new poll in Georgia has found that, for the first time, a majority of adults in the deeply conservative state believe marijuana should be legalized for both medical and recreational use. Out of 2,875 Georgians polled between May 10 and May 15, 55% said they believe marijuana should be legal for adult use, only 35% […]

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Four marijuana firms to form multinational company, continuing industry consolidation

Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada merging to launch a multinational company with combined revenue forecast to total more than $200 million next year.

Operating under the name TILT Holdings, the new companies will include the combined operations of Baker Technologies, Sea Hunter, Briteside and Santa Veritas Therapeutics, according to a news release.

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Illegal California marijuana firms starting to comply with cease-and-desist letters

Scores of California marijuana companies that received cease-and-desist letters during a crackdown on potentially illegal operations have yanked online advertising or started the licensing process, according to state regulators. The Bureau of Cannabis Control (BCC) began sending out the enforcement letters in February to retailers that were breaking the law by serving customers without being properly […]

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Kevin O’Leary of ‘Shark Tank’: Institutional investors want to wager on cannabis – just not yet

Big institutional investors are sitting on billions of dollars they’d like to pump into the marijuana industry, but that’s not likely to happen as long as cannabis remains illegal in the eyes of Uncle Sam, according to investment mogul Kevin O’Leary. “The amount of capital that wants to come into this space is unprecedented,” said […]

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