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Brazil again delays vote on regulating cannabis cultivation and products registration, dealing further setback to open market

Brazilian health regulators unexpectedly postponed another vote on a groundbreaking proposal to regulate the cultivation and registration of cannabis-based medicines, delivering a further blow to efforts to open up fresh…

News October 15
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Flowhub cannabis tech platform raises $23 million

Denver-based Flowhub, a marijuana software technology platform, raised $23 million in a Series A funding to bankroll its expansion. The raise was backed by numerous investors, including existing stakeholders Phyto…

News October 15
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New California laws allow some marijuana firms to deduct expenses on state returns, help normalize MJ as ag commodity

Cannabis-related bills signed into law by California Gov. Gavin Newsom are significant steps in both providing marijuana businesses with the ability to write off business costs on state tax returns…

News October 15
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Chart: How medical cannabis programs fare in states with recreational markets

The legalization of recreational cannabis can put a big dent in a state’s pre-existing medical marijuana market. Patient counts in Colorado, Massachusetts, Nevada and Oregon – the only states with…

News October 15
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CannTrust to destroy CA$77 million in cannabis plants, inventory

Embattled CannTrust Holdings on Monday disclosed it plans to destroy 77 million Canadian dollars ($58.2 million) worth of cannabis plants and inventory as part of the Ontario company's efforts to…

News October 14
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FBI probing potential public corruption in California capital’s marijuana industry

The FBI is investigating suspected corruption involving Sacramento, California, cannabis businesses and public officials. The FBI interviewed marijuana industry officials in California’s capital city over the past few months about…

News October 14
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On-site consumption at Anchorage, Alaska, cannabis retailers in voters’ hands

Voters in Anchorage, Alaska, will decide April 7 whether to allow cannabis smoking in retail locations throughout the city.

News October 14
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New California marijuana laws address social equity, labor and vapes

California Gov. Gavin Newsom signed several cannabis-related bills that, among other things, are designed to bolster minority participation in the industry, ensure labor peace and institute a vaporizer cartridge labeling…

News October 14
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California to allow state tax deductions for cannabis businesses

California cannabis businesses will be allowed to deduct expenses on their state income returns after Gov. Gavin Newsom signed a legislator’s proposal into law. Newsom signed into law AB 37, a…

News October 14
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