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West Virginia’s medical cannabis delays test patience of marijuana business owners
A likely yearslong delay in the launch of West Virginia’s medical marijuana program reflects the uncertainties cannabis entrepreneurs face when vying to enter certain conservative states. State officials blame the…
News August 5
Drowning in debt? Cannabis firms have potentially lifesaving options
Because marijuana is illegal in the United States, financially distressed cannabis-related companies are between a rock and a hard place when seeking relief from creditors.
News August 3
Canadian cannabis firm Cronos spending $300 million to enter US hemp market
Cronos Group, a vertically integrated cannabis company based in Ontario, Canada, that has international production and distribution, said Friday it will buy four operating subsidiaries from Redwood Holding Group for…
News August 2
Canada’s TerrAscend looks to snap up US marijuana firm Ilera for up to $225M
TerrAscend, an Ontario, Canada-based vertically integrated cannabis company, agreed to acquire Ilera Healthcare, a Pennsylvania-based marijuana cultivator, processor and dispensary operator for up to $225 million (CA$297 million).
News August 2
Colorado now allows medical cannabis as alternative to opioids
A new law went into effect Aug. 2 that permits Colorado doctors to recommend medical marijuana in lieu of opioids, a development that could boost MMJ sales in the state.…
News August 2
Louisiana dispensaries expecting medical marijuana next week; sales start unclear
Medical marijuana is expected to start reaching select dispensaries in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared the products for release. Agriculture Commissioner Mike…
News August 2
Brazilian health regulators mull plan for cannabis cultivation and products, but proposal draws opposition
Brazilian health regulators are weighing a landmark plan to permit the domestic cultivation of marijuana and the registration of medical cannabis products that have not yet completed clinical trials, a…
News August 2
Craft Cannabis: Strength in Numbers
Craft growers should consider joining a co-op or similar entity or partnering with other marijuana businesses to bring costs down by buying supplies and equipment in bulk and offering members…
News August 2
Utah rejects appeals from six would-be medical cannabis growers
Utah dismissed appeals from six companies that were denied licenses to grow medical marijuana, a move that at least temporarily keeps the program on track to launch next year. Utah’s…
News August 2
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