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Marijuana banking bill appears headed to landmark US House vote

A measure that would enable financial institutions to serve the cannabis industry and ancillary companies without fear of federal punishment could be put to a historic full vote in the…

News September 13
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Teva Israeli subsidiary signs cannabis distribution deal

A subsidiary of multinational pharmaceutical giant Teva Pharmaceuticals signed a deal with Israeli medical marijuana company Canndoc to distribute its products to pharma customers that include pharmacies and hospitals. While…

News September 13
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Marijuana industry donations to DC lawmakers already top 2018

The cannabis industry donated more than $305,000 to U.S. congressional members in the first half of 2019, exceeding last year's total of about $248,500 by more than 20%.

News September 13
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Senate panel chair wants cannabis banking vote by year-end

Senate Banking Chair Mike Crapo wants his committee to vote on a marijuana-related banking measure this year, in what would be a landmark development for the marijuana industry. The Idaho…

News September 13
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Denver police warn marijuana businesses of ‘uptick in burglaries’

The Denver Police Department warned Colorado cannabis businesses that it’s seeing an increase in burglaries at dispensaries and is encouraging operators to report any suspicious activities. In an online bulletin,…

News September 13
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Oregon cannabis retailers pulling vaping products in wake of health scare

Marijuana stores in Oregon began taking vaping products off their shelves and offering returns on previously purchased vape pens. The move comes amid a nationwide scare over severe lung illnesses…

News September 13
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Aurora plots ‘significant’ US marijuana entry in ‘very short period’

Canada’s largest medical cannabis company by revenue and production is planning to make a “significant” splash in the near future on another point of entry in the U.S. market, one…

News September 13
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Medical cannabis sales stall in Canada after adult-use legalization; affordability, access also considered factors

Monthly sales of medical cannabis in Canada dropped almost 25% in June from October 2018 - when adult use was legalized - according to the latest data from Health Canada.

News September 13
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Week in Review: Cannabis vape crisis, CA banking bill fails, public corruption in MA & more

Sales fall for recreational marijuana vaping products as a health scare hits the mainstream media, a California marijuana banking bill dies but could return in 2020, a Massachusetts mayor is…

News September 13
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