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Utah medical marijuana dispensaries could face hefty fees

Utah would charge medical marijuana dispensaries between $50,000 and $69,500 each year in operating fees under a proposal state officials are considering – placing an unexpectedly high financial burden on…

News September 26
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Pennsylvania governor says he’s ready to legalize recreational cannabis

Pennsylvania Gov. Tom Wolf is now in favor of legalizing marijuana for recreational use, which, if his efforts are successful, could potentially create a $1 billion-plus adult-use market in the…

News September 26
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Historic day: US House passes cannabis banking bill with strong bipartisan support

In a landmark move, U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote legislation that would pave the way for financial institutions and insurance companies to serve state-legal marijuana…

News September 25
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NY governor wants Northeast region to work together on recreational marijuana, vaping

New York Gov. Andrew Cuomo is urging neighboring states to work together on future recreational cannabis policies – a move that could potentially create a more level playing field for…

News September 25
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New Jersey cannabis trade group investigating itself

The New Jersey Cannabis Industry Association (NJCIA) paid $7,500 to an outside consultant to investigate potential “ethical concerns” within its own operations. NJ.com reported that a three-member subcommittee recommended hiring…

News September 25
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California health officials urge residents to stop vaping tobacco, marijuana

A California health agency joined the chorus of officials across the country urging consumers to stop vaping all substances immediately, saying it’s still unsure what’s caused the recent epidemic that has…

News September 25
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Canada ‘falling woefully short’ of displacing illicit cannabis market, researcher says

Canada’s regulated cannabis sales accounted for only 14% of total demand by volume in June, according to a new analysis by market researcher TheCannalysts. That’s counter to some estimates that…

News September 25
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Why earnouts matter in cannabis M&A

Earnouts are a common risk-allocation provision in cannabis and hemp mergers and acquisitions used to bridge the business-value gap between a business owner and an acquirer.

News September 25
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Australian capital legalizes recreational marijuana

Australia's capital is the first part of the country to legalize recreational marijuana for personal use.

News September 25
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