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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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US Senate banking panel chair indicates openness to cannabis banking reform
The Republican chair of a key U.S. Senate panel signaled Tuesday that he’s receptive to marijuana banking reform but does have some concerns. “I think a case has been made…
News July 23
MJardin expands marijuana operation into Nevada
MJardin Group, a marijuana production company based in Denver and Toronto, broadened its reach with the acquisition of its first cultivation facility in Nevada. MJardin, which trades on the Canadian…
News July 23
US House Judiciary chair introduces sweeping cannabis reform bill
U.S. House Judiciary chair Jerrold Nadler and U.S. senator and presidential hopeful Kamala Harris on Tuesday filed legislation to decriminalize marijuana across the nation. If adopted, the bill could open…
News July 23
Ello Capital launches as marijuana-focused US investment bank
Los Angeles-based Ello Capital plans “one-stop” shopping as a marijuana-focused investment bank serving cannabis companies in the United States. The company said it is filling a need for an underserved…
News July 23
Historic US Senate hearing eyes cannabis banking hurdles, but major reform seen as long shot
The GOP-controlled U.S. Senate will hold its first marijuana hearing Tuesday on the challenges that state-lawful marijuana companies confront when seeking banking services, but it’s unlikely the chamber would approve major reform…
News July 23
Chart: Hawaii’s medical cannabis reciprocity program off to slow start
Hawaii’s fledgling medical marijuana reciprocity program has the potential to boost sales at local dispensaries given that several million domestic tourists visit the state each year, but the program has experienced a…
News July 23
Michigan cuts fees for some future cannabis businesses
Michigan regulators lowered marijuana licensing fees for prospective business owners living in 19 cities where residents were disproportionately impacted by the war on drugs. Under the new social equity program,…
News July 22
California seized $30 million in illegal marijuana since 2018
California authorities seized $30 million worth of unlicensed cannabis products since the rollout of the state’s legal market in January 2018, but industry insiders say that’s far short of what’s…
News July 22
California legislative update: Several key cannabis bills still hang in balance
When the California Legislature returns from its summer recess in mid-August, it’ll face a monthlong sprint to get to all the bills remaining on its docket, including several that could…
News July 22
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