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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 27
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California 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 27
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Social 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 27
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Switzerland 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 27
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Cannabis 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 27
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Massachusetts 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 26
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New 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 26
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Idaho 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 26
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What’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…

News June 26
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