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Demise of medical cannabis markets might be much ado about nothing

Media reports abound that suggest medical marijuana markets have leveled out or are dropping off in some U.S. states - specifically those that allow recreational cannabis sales.

News October 29
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The next cash flow casualty: Harborside ousts CEO

It seems that Andy Berman wasn't executing Harborside's cost cut and cash generation plans fast enough, and has been replaced as CEO only four days after our Executive Webcast with him.

News October 28
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Dozens may apply as Utah opens medical marijuana dispensary licensing round

Utah officials expect “dozens” of individuals and businesses to apply to serve the state’s relatively small market with a total of 14 medical cannabis dispensaries. The application process remains open…

News October 28
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Entrepreneur offers $250,000 in loans for Illinois social equity cannabis applications

An African American entrepreneur is offering $250,000 in loans with either zero or a low interest rate to 100 social equity applicants for marijuana business licenses in Illinois in hopes…

News October 28
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Mexico to miss deadline to legalize marijuana, including recreational use

Citing “unprecedented” pressure from companies trying to influence Mexico’s cannabis legislation, voting on a bill to completely legalize marijuana – including its recreational use – will be delayed, according to media reports. Ricardo…

News October 28
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CEO Berman leaves cannabis firm Harborside; board chair picked as interim

One of the most well-known and longest-operating cannabis dispensary owners in the nation, California-based Harborside, announced Monday that its CEO has stepped down and a new interim chief executive officer…

News October 28
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Massachusetts marijuana firm settles Boise Cascade logo dispute

New England Treatment Access (NETA), a Massachusetts medical and recreational marijuana company, settled a lawsuit with Boise Cascade, an Idaho lumber business, over a logo trademark dispute. A spokesman for NETA,…

News October 28
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Michigan adult-use cannabis market likely won’t launch until spring

Michigan regulators will start taking recreational marijuana business applications on Nov. 1, but sales aren’t expected to begin until March or April at the earliest.

News October 28
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Catalyst Calendar: Oct. 28, 2019

The cannabis industry changes so rapidly that investors must always be aware of new information. This catalyst calendar provides you with key events that may impact your investments and investment…

News October 28
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