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US Senate leader McConnell expected to discuss marijuana banking reform

U.S. Senate Majority Leader Mitch McConnell is scheduled to talk with cannabis industry executives this week in California about marijuana banking legislation and other issues, perhaps signaling that the Kentucky…

News October 10
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Los Angeles attorneys group creates cannabis law practice area

The Los Angeles County Bar Association (LACBA) approved a new law practice section specifically focused on marijuana, a move that could make it easier for a cannabis business operator to…

News October 10
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Capital markets closed: Who’s next after TGOD and MMEN?

Recently, several companies have announced challenges with financing their expansion plans. The trend doesn't bode well for many operators in cannabis.

News October 10
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Hexo, Green Organic Dutchman’s woes may be a harbinger for Canadian cannabis businesses, analysts say

Some Canadian cannabis companies are facing a financial squeeze because of the country’s slow rollout of recreational marijuana stores and a dwindling pool of available funding. Quebec cannabis producer Hexo…

News October 10
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REIT inks $42 million deal with LivWell for Michigan marijuana warehouse

Innovative Industrial Properties, a real estate investment trust (REIT) focused on the cannabis industry, bought a warehouse in Michigan from LivWell Holdings in a $42 million sales-leaseback deal. San Diego-based…

News October 10
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Efforts intensify to battle corruption involving local government officials and cannabis industry

Law enforcement authorities across the country, including the FBI, have cast a wide net in their efforts to root out corruption among local government officials overseeing the marijuana industry.

News October 10
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Washington state temporarily bans flavored marijuana vaping products, targeting a third of top-selling MJ vapes

Washington state health regulators voted overwhelmingly on Wednesday to impose a temporary halt on the sale of flavored tobacco and marijuana vaporizer products, making it the second state after Massachusetts…

News October 9
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Michigan cannabis testing lab to pay $100,000 to resolve alleged violations

A Michigan medical marijuana testing laboratory whose license was suspended in August for alleged safety violations has agreed to pay a $100,000 fine to resolve state charges. Iron Laboratories of Walled Lake…

News October 9
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California awards cities $10 million in social equity marijuana grants

Ten cities in California will divide $10 million from the state’s Bureau of Cannabis Control to help social equity programs in those municipalities. Top grant recipients include Los Angeles and…

News October 9
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