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Cannabis company Surterra closes $100 million funding, adds executives
Surterra Wellness, an Atlanta-based medical cannabis company, closed a $100 million share offering whose net proceeds will be used to fund acquisitions and capital expenditure. The company also said it…
News June 27California marijuana retailers charge product suppliers for shelf space, creating friction in the industry
A growing trend among California cannabis retailers to charge brands for shelf space – and, thus, access to customers – has some in the industry decrying the practice as “pay-to-play”…
News June 27Social media challenges continue for cannabis firms – sometimes costing thousands in lost investment
After what seemed to be a brief hiatus, social media giants are once again suspending - and outright deleting - the accounts of marijuana companies.
News June 27Switzerland aims to join neighbors in legalizing medical marijuana
Switzerland is looking to give physicians the ability to prescribe cannabis-based medicines, which would significantly boost access and, if approved, create one of Europe’s newest regulated markets.
News June 27Cannabis the most widely used drug globally, UN World Drug Report says
Marijuana was the most widely used drug around the world in 2017, with an estimated 188 million consumers that year, according to a new report from the United Nations. The…
News June 27Massachusetts gives initial OK to marijuana cafes, delivery firms
Massachusetts regulators gave preliminary approval to rules that would permit marijuana cafes and delivery services in the state, paving the way for the creation of two new types of cannabis…
News June 26New Hampshire gov vetoes bill opening state to for-profit cannabis firms
New Hampshire Gov. Chris Sununu vetoed legislation that would have opened the state’s heavily regulated medical marijuana industry to for-profit MMJ businesses, dealing a setback to cannabis entrepreneurs who might…
News June 26Idaho petitioners file to put medical marijuana on 2020 ballot
Idaho advocates filed an initiative to place medical marijuana on the 2020 ballot, which would potentially create a statewide MMJ retail market. The Idaho Cannabis Coalition submitted initial signatures to…
News June 26What’s next in New York and New Jersey? Marijuana business experts weigh in
Illinois became the 11th state in the nation Tuesday to legalize adult-use marijuana after Gov. J.B. Pritzker signed a recreational bill into law. The governor’s historic bill signing comes not…
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