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Utah high court dismisses medical cannabis lawsuit, but another still alive

A lawsuit aimed at overturning a move by Utah lawmakers to replace a more liberal medical marijuana system with a more restrictive one came to an end in the state Supreme…

News August 7
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Thrive Capital to invest in marijuana company LeafLink

Thrive Capital Management, an investment company whose founder has ties to the Trump administration, is set to invest in the marijuana industry for the first time, leading a $35 million…

News August 7
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Alaska credit union to nix pilot banking program for cannabis-related businesses

A credit union in Alaska will soon end a program it launched to provide some marijuana businesses in the state with checking and savings accounts in an attempt to reduce…

News August 7
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Marijuana-infused product brand Dixie inks licensing deal with Arizona Iced Tea maker

Denver-based Dixie Brands, a longtime manufacturer of marijuana-infused products,  reached a licensing deal with Arizona Beverage Co., the firm behind Arizona Iced Tea. Arizona Beverage Co., based in Woodbury, New…

News August 7
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‘Pent-up demand’ for FDA-approved cannabis drug boosts UK maker

Strong patient interest in the only federally approved CBD product in the United States helped drugmaker GW Pharmaceuticals record $72 million in revenue last quarter. Epidiolex, which is made by London’s GW…

News August 7
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Capital for access: The developing two-way marijuana road between California and Canada

It’s no secret that the number of business relationships between American and Canadian cannabis interests has skyrocketed since federal legalization went into effect north of the U.S. border. From a…

News August 7
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Barriers to entry present benefits, risks for marijuana investors

Because of the rapidly evolving legal and regulatory environment at the federal and state levels, barriers to entry play a huge factor in the cannabis industry.

News August 6
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Washington state extends Leaf Data Systems cannabis contract

Washington state regulators lengthened the contract for Leaf Data Systems, the seed-to-sale tracking program offered by Denver-based MJ Freeway, requiring the company to focus on stabilizing and fixing the system after…

News August 6
Columbia Care

Columbia Care reports higher marijuana revenue, bigger losses

Columbia Care, a New York-based multistate cannabis operator, reported revenue of $19.3 million for the second quarter ended June 30, up from $9.6 million in the same period last year.…

News August 6
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