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Oregon governor signs bill in effort to rein in marijuana oversupply

Oregon Gov. Kate Brown signed a bill into law that enables state regulators to deny new cultivation licenses in efforts to curb a cannabis glut that has led to price…

News June 19
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Chart: US cannabis employment to jump 34% in 2019 thanks to California, growth in new markets

The number of full-time cannabis employees in the United States is expected to grow 34% in 2019 over the previous year, with the potential to top 200,000 workers.

News June 19
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National Canadian pharmacy chain to trace medical cannabis using blockchain

Canada’s biggest pharmacy franchise, Shoppers Drug Mart, is teaming up with TruTrace Technologies to develop a blockchain-secured pilot program for the medical cannabis industry. The companies hope the partnership will…

News June 19
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Canopy, Acreage shareholder vote: What you need to know about this marijuana megamerger

All eyes were on two of the largest cannabis companies in North America this week as shareholders at Canopy Growth and Acreage Holdings approved the operators' planned megamerger.

News June 19
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Cannabis legalization group Drug Policy Alliance downsizes as funding tightens

The Drug Policy Alliance (DPA), one of the nation’s top marijuana reform organizations, cut nearly a third of its staff in the past month and is continuing to look at…

News June 18
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MJBizConNEXT cannabis business takeaways: Part 2

Here are some more important business takeaways from the 2019 MJBizConNEXT in New Orleans.

News June 18
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Rhode Island budget proposal seen as setback to medical marijuana growers

Amid ongoing complaints that Rhode Island’s three medical cannabis  dispensaries control the market – making it difficult for stand-alone cultivators to succeed – the state’s lawmakers released a budget that…

News June 18
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Surterra partners with Intrexon in $100 million licensing cannabinoid deal

Surterra Wellness, an Atlanta-based cannabis company with operations in Florida and Texas, announced it will partner with Hungary’s Intrexon Corp. in a $100 million licensing deal aimed at biosynthetic cannabinoid…

News June 18
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Cannabis firm High Times going to court over Culture Magazine acquisition

High Times Holding Corp., the cannabis media group currently trying to raise funds for a potential stock exchange listing, is being sued by Southland Publishing over the sale of the…

News June 18
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