Michigan regulators propose steep capital requirements for medical marijuana businesses, cannabis funding deals skyrocket, and Pennsylvania gives the green light to the state’s first MMJ cultivator. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By John Schroyer The wildfires ravaging Northern California over the past week have burned tens of thousands of acres of land, torching more than 30 marijuana farms and adding a new wrinkle to the January rollout of the state’s regulated cannabis industry.Read More
By Matt Lamers A fog of uncertainty hanging over Canada’s cannabis sector was lifted this week after a securities regulator and the operator of the country’s largest stock exchange clarified the listing rules for marijuana companies doing business in the United States.Read More
By Bart Schaneman
Marijuana companies are seeing an uptick in lawsuits tied to employment issues, reflecting the cannabis industry’s growing pains as it transforms into a more mainstream business.
The latest involves a suit targeting Electrum Partners, a well-known cannabis investment advisory firm in Las Vegas.Read More
By Kristen Nichols
Vermont’s small hemp industry has cause for great optimism: The state has the nation’s loosest hemp regulations and a latitude that makes it an easy fit for hemp cultivars developed in Canada and northern Europe.
But Vermont’s hemp growers have reason to worry, too.Read More
By Omar Sacirbey
Turmoil and uncertainty are swirling around MassRoots, the once high-flying canna-centric social media and tech firm, after the company’s board fired founder and CEO Isaac Dietrich.
The news already has triggered fallout for MassRoots: The Denver company’s planned $12 million acquisition of tech company CannaRegs has been scrapped.Read More
By Omar Sacirbey Marijuana companies are finding a new way to generate buzz beyond traditional advertising and marketing: They are snapping up properties that are historic buildings or were previously owned by an iconic brand such as chocolate maker Hershey.Read More
By Eli McVey Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey. Of the business owners intending to expand, the vast majority have identified opportunities in both the medical and recreational markets.Read More
California’s wildfires could adversely affect marijuana crops, Maryland’s MMJ commission is taken to court, and Arkansas accountants get permission to serve cannabis firms. Here’s a closer look at some notable developments in the marijuana industry over the past week.Read More
By John Schroyer
Dozens of California’s 109 federally recognized Native American tribes have reportedly expressed interest in entering the state’s regulated cannabis market when it launches.
But as the state’s unfinished regulations stand, those tribes may be forced to make a choice: Participate in the licit cannabis market or retain their sovereignty.Read More
By Matt Lamers Canadian medical marijuana will ultimately be available in most of Germany’s 20,200 pharmacies, thanks to two notable deals reached this week by major licensed MMJ producers.Read More