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Arizona attorney general OKs digital medical cannabis payments
Arizona Attorney General Mark Brnovich approved a trial program allowing digital payments to medical marijuana dispensaries, a move that could significantly influence the way the state’s unbanked MMJ firms transact business…
News July 29Cresco rebranding medical marijuana dispensaries to Sunnyside
Chicago-based Cresco Labs will rebrand its medical cannabis dispensaries under the name Sunnyside, a move designed to put personal wellness at the center of its sales pitch.
News July 29New normal in US Congress: Marijuana hearings, reform bills & how they could affect the MJ industry
Cannabis has gone from the butt of jokes on Capitol Hill to milestone hearings and the introduction of landmark legalization reform packages that offer the potential to pave the way…
News July 29Opportunities continue to multiply for US cannabis companies seeking to raise capital
The American marijuana industry is in a far better place for businesses seeking to raise money than it was a year ago. In fact, the landscape has grown leaps and…
News July 27British tobacco giant invests CA$123 million in Canadian cannabis firm Auxly
Imperial Brands said it will invest 123 million Canadian dollars ($93.4 million) in a British Columbia cannabis company, the United Kingdom tobacco giant’s latest foray into the marijuana industry. With…
News July 26California marijuana track-and-trace data to remain confidential
The vast majority of California’s data from its cannabis track-and-trace system will be kept out of the public domain, according to a top state regulator. That may surprise or disappoint…
News July 26GW Pharma’s cannabis drug OK’d by European Medicines Agency panel
GW Pharmaceuticals announced that the Committee for Medicinal Products for Human Use (CHMP) recommended approval of the British company’s cannabis-based medicine Epidiolex. The CHMP is responsible for preparing the European Medicines…
News July 26Canadian bank’s ‘unfair’ cannabis fees add to financial hurdles for lottery hopefuls
One of Canada’s top lenders is charging prospective cannabis business owners thousands of dollars for a routine review of financial documents, imposing an added cost on entrepreneurs who want to…
News July 26Second medical marijuana crop planted in Louisiana
Southern University’s medical cannabis grower planted its first marijuana seeds, marking the second MMJ crop planted in the state. The two crops represent an important step in allowing the fledgling…
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