British Columbia court tosses suit over cannabis store enforcement on reserves
(This story has been updated to correct the currency conversion for U.S. dollars.) A group of licensed cannabis retailers in British Columbia lost their bid to be compensated for the province’s alleged failure to “adequately” enforce provincial licensing requirements...
Oregon regulators to allow marijuana products with aspergillus
The Oregon Liquor and Cannabis Commission will allow the sale and transfer of marijuana products that have tested positive for aspergillus, a type of mold that has led to product recalls in several markets. The regulator’s decision means 2,500 pounds of cannabis...
Thailand plans cannabis law rewrite to allow only medical sales
Thailand’s new prime minister said the Southeast Asian country plans to rewrite its cannabis laws to allow only medical use, a move that would halt widespread recreational sales and fundamentally alter the industry. In an interview with Bloomberg, Prime Minister...
Missouri marijuana sales slip in August, but Montana sets monthly record
Two marijuana markets saw sales go different directions in August. Monthly sales of legal marijuana in Missouri shrank slightly to $119 million, with month-over-month declines in both adult-use and medical marijuana sales. But in Montana, monthly legal cannabis sales...
Cannabis tech company GrowerIQ wins CA$1 million government grant
(This story and headline have been updated to reflect that the grant was for 1.08 million Canadian dollars.) Cannabis technology company GrowerIQ received a grant worth 1.08 million Canadian dollars ($790,000) to enhance its cannabis tracking system and broaden its...
Importance of reliable payroll provider highlighted by vendor aversion to marijuana clients
(This story is part of the cover package in the September issue of MJBizMagazine.) Nichole Upshaw, the chief retail and people officer at Florida-based Jushi Holdings, vividly remembers June 24, 2019, her first day working for the multistate operator now active in...
Oklahoma regulators close 5 operations, seize ‘untraceable’ cannabis
A multi-agency investigation in Oklahoma has resulted in the closure of five marijuana businesses and the seizure of thousands of pounds of untraceable cannabis. The Oklahoma Medical Marijuana Authority (OMMA), in conjunction with law enforcement agencies in Ponca...
Vermont marijuana entrepreneur sues MSO Slang for fraud in merger deal
Executives of Toronto-based marijuana multistate operator Slang Worldwide allegedly hid their financial challenges when negotiating to acquire a Vermont-based cannabis operation, according to a lawsuit. Shayne Lynn, former owner of vertically integrated High Fidelity,...
Senate cannabis banking bill unveiled with key vote expected next week
Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup and expected vote scheduled for next Wednesday. Instead of SAFE Banking, the Senate Banking Committee on Sept. 27 will pore over a bill called...
New marijuana ETF hits the market based on rescheduling hopes
A new cannabis exchange traded fund (ETF) has been launched by Subversive Capital Advisor based on the potential rescheduling of marijuana by the U.S. government. The ETF launch comes after a run-up in cannabis stocks following news of a recommendation from U.S....
Denmark has destroyed more than 145,000 kilograms of cannabis
Much of the medical cannabis produced under Denmark’s regulatory system has not made it to market and was intentionally destroyed for various reasons, according to government data. Just over 300 permits have been issued for the destruction of 145,541 kilograms...Featured
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