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The other deadline hemp operators need to remember ahead of the federal ban
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Marijuana firm Holistic Industries raises $55 million
Washington DC-based Holistic Industries, a multistate cannabis operator, closed $55 million in financing at a time when many other MJ firms are struggling to raise capital. Holistic Industries plans to…
News October 18
Green Organic Dutchman slashes cannabis production target 85% for 2020
Ontario-based The Green Organic Dutchman (TGOD) announced a new construction timetable this week that significantly scales back its expected 2020 production capacity, while maintaining its goal to be profitable by…
News October 18
CEO of DionyMed cannabis company leaves amid possible default
Toronto-based DionyMed, a multistate marijuana brands operator, is under pressure after key executives stepped down amid a possible credit default. CEO Edward Fields and Mark Zinselmeier, the chief operating officer,…
News October 18
BNY Mellon’s cannabis-limiting move highlights inconsistencies in banking but could help in the long run, sources say
Just as potential marijuana banking progress appears on the horizon at the federal level due to the U.S. House of Representatives’ passage of the SAFE Banking Act, one major bank…
News October 18
Massachusetts drops suspension against marijuana cultivator
Massachusetts cannabis regulators have lifted the roughly five-week suspension of marijuana cultivation license holder Nova Farms, but the operation remains under investigation. The state’s Cannabis Control Commission said it withdrew the…
News October 18
Red tape, regulations hamper Canadian cannabis businesses in first year of recreational sales
A heavy regulatory burden at all levels of government put a damper on legal cannabis sales in the first year of Canada's adult-use market, but experts are optimistic provincial and…
News October 18
Netherlands consults businesses on recreational cannabis experiment
The Dutch Ministry of Health, Welfare and Sport opened a public consultation process seeking feedback on the proposed rules for a “controlled cannabis supply chain experiment,” also called wietexperiment (weed experiment) by…
News October 18
Week in Review: Early freeze costs largest CO marijuana cultivator millions, Weedmaps lays off 100+, MJ licensing probes escalate & more
Colorado’s largest marijuana cultivator suffers an early freeze that is expected to trigger a supply disruption in the state, more than 100 Weedmaps employees receive pink slips, enforcement efforts intensify…
News October 18
Northeast governors take big step toward regional cannabis coordination
Democratic governors from New York, New Jersey, Pennsylvania and Connecticut took a landmark step Thursday toward coordinating recreational marijuana legalization efforts, agreeing on basic principles involving market regulation, taxation and…
News October 17
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