Rhode Island Medical Marijuana News
CBD wellness product company Real Brands struck a $12 million deal to acquire Boulder Botanical & Bioscience Laboratories, a manufacturer of white-label herbal supplements and CBD products, from Frankens Investment Fund.
Employees at a Zen Leaf marijuana store in Chicago voted to join Teamsters Local 777.
Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to Rhode Island’s medical marijuana program.
The first vote among Rhode Island cities and towns on whether to allow adult-use marijuana companies within their borders has been scheduled for the general election ballot this November.
Marijuana legalization advocates have had mixed success so far this year in statehouses across the country.
They’ve scored legislative victories in Rhode Island, Mississippi and Maryland, laying the groundwork for hundreds of millions of dollars in combined sales for recreational and medical cannabis companies in those states.
All cannabis grown by licensed cultivators in Rhode Island must be tested for pesticides starting at the end of the month.
Rhode Island officially became the 19th state in the U.S. to legalize adult-use marijuana when Democratic Gov. Dan McKee on Wednesday signed into law a bill passed by state lawmakers the day before.
