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How to get a cannabis business permit in Virginia – and what regulators still need to sort out
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Second 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…
News July 26
Week in Review: US Congress mulls milestone cannabis bills, on-premise MJ edibles moves in Alaska & more
A milestone U.S. marijuana reform bill is introduced in Congress, experts suggest cannabis banking changes at the federal level remain a long shot, Alaska’s capital city approves an ordinance permitting customers…
News July 26
South Korean medical cannabinoid imports surpass 300 units since law passed
South Korea saw just over 300 approved imports of cannabinoid-based medicines in the first few months of the country’s newly regulated medical cannabis program, a volume that underwhelmed local experts who…
News July 25
CannTrust chaos continues with ousting of CEO, chair resignation
Ontario, Canada-based licensed producer CannTrust fired its chief executive, Peter Aceto, "with cause" Thursday amid an ongoing scandal involving unlicensed cannabis cultivation that has enveloped the marijuana industry in Canada for…
News July 25
American public pension funds invest in cannabis through California-based REIT
More than a dozen public pension funds are investing in marijuana through a California real estate investment trust (REIT), a sign that institutional investors wielding billions of dollars in state…
News July 25
Ionic Brands buys Zoots cannabis edibles firm for $11 million
Ionic Brands paid $11 million for longtime marijuana edibles maker Natural Extractions, which does business as Zoots Premium Cannabis Infused Edibles. As part of the stock and cash deal involving two…
News July 25
Florida seeks court review of medical marijuana licensing
A court challenge by Florida’s Republican governor likely will further delay the state’s lucrative medical cannabis market from opening up to new businesses. Gov. Ron DeSantis’ administration asked for a…
News July 25
Oklahoma cannabis firm faces copyright lawsuit
A Canadian children’s entertainment company filed a lawsuit accusing a medical marijuana dispensary chain based in Tulsa, Oklahoma, of copyright infringement. Toronto-based Nelvana Enterprises’ suit, filed in federal court in…
News July 25
Introducing Mike Regan, MJBizDaily’s new equity research analyst
Rarely in my career have I been more excited by the investment possibilities of an entire sector that has not (legally) existed for decades to emerge, grow, mature and disrupt…
News July 25
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