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How to get a cannabis business permit in Virginia – and what regulators still need to sort out
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Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits
As the marijuana industry matures and companies expand, many smaller, original growers and retailers are putting their licenses up for sale through the secondary market – much like selling a…
News October 17
Cannabis advertising firm Weedmaps cuts 100-plus jobs in response to slow adult-use market rollouts
California marijuana advertising giant Weedmaps announced Wednesday it laid off 25% of its workforce, blaming the slow rollout of recreational MJ markets in California and Massachusetts and a dwindling pool of…
News October 16
Recreational marijuana legalization in New Mexico set for push
New Mexico would use proceeds from recreational marijuana to provide low-interest loans to small cannabis businesses and eliminate taxes on medical cannabis under a legalization proposal from an expert panel…
News October 16
Chicago allows some adult-use cannabis sales downtown
Chicago’s City Council approved a zoning ordinance that bans recreational marijuana stores from the central business district but allows them to locate in part of the popular River North area…
News October 16
Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected
The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars during an early winter storm after half the company’s plants froze before…
News October 16
Canadian cannabis firm Valens GroWorks reports profitable third quarter
British Columbia-based Valens GroWorks reported third-quarter net income of 5.9 million Canadian dollars ($4.4 million) on revenue of CA$16.5 million. The vertically integrated cannabis company’s revenue rose 87% over the…
News October 16
Cannabis comp tables as of Oct. 15, 2019
This comp table provides a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.
News October 16
France creates committee to draft rules for medical cannabis trial
The French Agency for the Safety of Medicines and Health Products (ANSM) created a scientific committee to write certain rules ahead of the launch of a two-year medical cannabis experiment. The areas of…
News October 16
In mainstream partnership, Eaze delivers marijuana to California hotel
Room service just got a little tastier for guests at the Fairmont Miramar Hotel & Bungalows in Santa Monica, California. The hotel has teamed up with Eaze Hospitality and Recreational…
News October 16
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