The $2.1 million, approved by the state’s Controlling Board, is needed to cover legal costs from lawsuits brought by companies denied medical marijuana cultivators’ licenses.
More details on the loan and the lawsuits can be found here.
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Bloom Farms, Cura Partners settle marijuana lawsuit
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New Frontier Data paying $10 million for cannabis research firm
October 9, 2019Criminal charges dropped against Massachusetts marijuana grower
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FDA warns against vaping cannabis products containing THC
October 4, 2019Nevada’s first marijuana lounge opens this weekend
October 4, 2019
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Cannabis company Hexo’s stock craters on bad news
October 11, 2019Cannabis companies scale back plans as access to capital tightens
October 10, 2019Price gap grows in Canada between legal, illicit cannabis
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Canadian cannabis firms burn through cash amid ‘unmitigated retail disaster’
September 27, 2019Auxly Cannabis closes CA$123 million investment from tobacco giant Imperial Brands
September 26, 2019Canada ‘falling woefully short’ of displacing illicit cannabis market, researcher says
September 25, 2019Why earnouts matter in cannabis M&A
September 25, 2019Australian capital legalizes recreational marijuana
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European Commission approves Epidiolex marketing authorization, GW Pharmaceuticals says
September 23, 2019Cresco Labs, Origin House near closing cannabis deal
September 17, 2019Reports: Former cannabis heavyweight Tikun Olam to sell Israeli assets for $42 million
September 17, 2019Teva Israeli subsidiary signs cannabis distribution deal
September 13, 2019Aurora plots ‘significant’ US marijuana entry in ‘very short period’
September 13, 2019
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With the rise of adult use cannabis, experts see medical marijuana dominated by two distinct markets.Read the Issue
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