Is federal marijuana rescheduling good for Big Pharma?
Even pharmaceutical companies are celebrating marijuana rescheduling. Firms making cannabis-based drugs say the U.S. Justice Department’s reclassification of medical marijuana as a Schedule 3 drug could improve their access to private funding and public markets,...
Cannabis MSO Vireo Growth continues buying spree, acquires Fluent in debt-for-stock deal
Cannabis multistate operator Vireo Growth’s buying spree continued Thursday when it picked up dozens of permits in Florida in a stock-for-debt deal. The Minneapolis-based MSO is poised to become the third-largest operator in medical-only Florida’s multibillion-dollar...
How cannabis MSO TerrAscend is responding to federal marijuana rescheduling
This is part of a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. With medical cannabis now reclassified as Schedule 3, multistate cannabis operator TerrAscend is ramping up...
Study: Indiana spends $1.8 billion on illegal cannabis, renewing legalization debate
Residents of Indiana, one of the few remaining U.S. states with no legal cannabis access, spend an estimated $1.8 billion annually on the drug, according to a recent state-commissioned study. A quantification of that sizable appetite, coupled with federal marijuana...
Lawsuit: Missouri’s largest cannabis retail chain runs a price-fixing ‘cartel’
The largest cannabis retail chain in Missouri, one of the country’s strongest markets, is the mastermind behind an illegal price-fixing “cartel” that used shady tactics to amass a bigger market share than what’s allowed by law, a new lawsuit alleges. The allegations...
Did President Donald Trump accidentally legalize medical marijuana in South Carolina?
When the Justice Department on Thursday issued a final order reclassifying medical marijuana as a Schedule 3 drug, fulfilling a December order from President Donald Trump, Tennessee was ready – to keep prohibition in place. The same day the federal government...
Florida spars with cannabis MSO Trulieve over alleged pollution at cultivation site
Florida authorities earlier this month cited marijuana multistate operator (MSO) Trulieve Cannabis Corp. for multiple alleged environmental violations at the company’s massive cultivation facility in Jefferson County. The Suwannee River Water Management District...
Leveling the Legal Playing Field
Why Independent Data is the Secret Weapon in Cannabis Litigation In the burgeoning and often turbulent U.S. cannabis market, disputes are no longer a matter of “if” but “when”. As the industry matures, the complexity of legal challenges –...
Voice of the Plant: Cannabis terpenes lead by the nose to wellness and beauty
(This is the second installment in a regular column from “Voice of the Plant” in collaboration with MJBizDaily.) The first time I experienced cannabis, I didn’t see it or smoke it. I smelled it. ADVERTISEMENT Growing up in New York City, the smell of cannabis drifted...
Major Oklahoma cannabis cultivator wins back licenses after state suspension
One of the largest cannabis cultivators in Oklahoma is back in business. Cedric Gardens, one of dozens of licensed cannabis businesses to have its state permit suspended by the Oklahoma Medical Marijuana Authority, had its right to operate restored by a state judge on...
Should cannabis remediated with radiation be labeled?
Maine’s cannabis industry is facing scrutiny as more growers turn to radiation to remediate moldy products. But though irradiation is standard across the cannabis industry and in other sectors, it’s a practice consumers are largely unaware of due to lax...Featured
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