Iowa has awarded Oregon tech company BioMauris a contract to run a seed-to-sale platform for the state’s upcoming low-THC medical marijuana program, according to a news release from the company. The contract for BioMauris’ software platform will be worth $300,000 to the company, a spokesman said. The arrangement will run for two years with Iowa having […]Read More
After Attorney General Jeff Sessions ripped up the Cole Memo and gave U.S. attorneys greater leeway to prosecute marijuana businesses, many industry executives and experts wondered whether the days of the federal government leaving legal cannabis alone were over.
Many lawyers and others argue that the new Sessions Memo didn’t change much.
A landlocked nation in southern Africa is on the cusp of opening major medical cannabis opportunities both domestically and internationally, provided government and businesses overcome near-term obstacles. The opportunity for Lesotho’s economy to become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works – […]Read More
Weedmaps apparently doesn’t plan to drop its listings for unlicensed California marijuana businesses any time soon. In a letter sent Monday to the California Bureau of Cannabis Control, the online marijuana advertising giant wrote that it is “not a Licensee subject to the Bureau’s purview.” The letter – signed by Weedmaps CEO Doug Francis and […]Read More
Colorado-based Helix TCS, a publicly traded ancillary marijuana company, said it signed a merger agreement with BioTrackTHC, a Florida-based seed-to-sale cannabis tracking software company.
The deal’s price tag wasn’t disclosed.
According to an 8-K filing, BioTrackTHC stakeholders will own 48% of Helix TCS once the merger is finalized.Read More
The National Cannabis Industry Association is poised to roll out an initiative aimed at uniting dozens of state-level trade groups, a move designed to make it easier for member businesses to work together to promote legalization and pro-marijuana policies. While the move could help NCIA – the largest and oldest cannabis trade group – move […]Read More
The honeymoon is over for Weedmaps and California’s gray-market marijuana businesses. The California Bureau of Cannabis Control sent a cease-and-desist letter last month to Irvine-based Ghost Management Group, the owner of popular marijuana dispensary finder Weedmaps.com, ordering the company to stop advertising unlicensed operators or face unspecified “criminal and administrative penalties.” Sacramento authorities recently sent their […]Read More
As owner of the National Holistic Healing Center, a Washington DC dispensary that serves roughly 2,000 patients, Chanda Macias has found success pairing scientific and medical expertise with corporate experience. She hopes to use that same formula to help turn around Women Grow, the once high-flying cannabis professionals group that more recently has experienced the closure […]Read More
The parent company of Marijuana Business Daily and its former publisher have settled an employment-related lawsuit. Rhode Island-based Anne Holland Ventures filed a lawsuit in June in Denver County District Court alleging that George Jage violated the terms of his employment agreement after he unsuccessfully tried to buy Marijuana Business Daily. Jage filed a response to the […]Read More
At a time when the U.S. Department of Justice is increasingly hostile toward the marijuana industry, experts said the best way for MJ businesses to keep federal law enforcement at bay is compliance with state laws and best business practices. One important way to do that is through insurance, which more states are requiring marijuana […]Read More
Since starting recreational marijuana sales six months ago, Nevada retailers have sold more than $195 million worth of cannabis, or more than $1 million a day. Based on those numbers, Patch Las Vegas reported, the Silver State is on pace to exceed $400 million in sales for its first year. The quick success for the […]Read More
California has approved its first insurer to provide surety bonds for marijuana businesses in the state. According to the Insurance Journal, Mayfield, Ohio-based Continental Heritage Insurance Co. has passed muster with the California Insurance Commission. Here’s what you need to know: Surety bonds are required for California applicants seeking licenses in most sectors of the cannabis […]Read More
- March 12, 2018
- March 12, 2018
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