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California doesn’t plan to raise marijuana excise tax in July

Although the California cannabis industry probably won’t see any state-level tax relief anytime soon, at least the excise tax won’t go up in July. The state Department of Tax and…

News June 14
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Week in Review: MJBizConNEXT in New Orleans, OR preps for future interstate MJ potentials, NV cannabis board & more

The cannabis industry descends on New Orleans to explore emerging trends at MJBizConNEXT, Oregon lawmakers pass a bill that would empower it to make agreements with other states for the transfer…

News June 14
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Affiliate of Canadian firm Hexo wins Greek cannabis license

An affiliate of Quebec-based cannabis producer Hexo has received a license allowing it to establish cultivation, processing and manufacturing facilities in Greece, the company announced Thursday. Greece aims to compete…

News June 13
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Names of Utah medical cannabis grower applicants not public until mid-July

A July 1 medical marijuana license application deadline is looming in Utah, but the names of the businesses that might grow cannabis are still under wraps. Here is what you…

News June 13
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California Marijuana Notebook: Dispatches from an Emerald Triangle retreat indicate the industry’s turbulence

Volatile. Transitional. Coasting. Fragmented. Dumpster fire. Passionate. Those were the answers from half a dozen speakers last weekend at Meadowlands, a retreat in Mendocino County for cannabis industry insiders sponsored…

News June 13
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Nevada creates marijuana board & bans social use licensing for two years

Nevada Gov. Steve Sisolak signed Assembly Bill 533 into law, which creates a Cannabis Compliance Board and also prohibits local governments in the state from licensing marijuana social consumption businesses. The social…

News June 13
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Billionaire-backed Chinese firm plans Asia’s first e-commerce CBD platform

A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products.

News June 13
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US House committee approves spending bill with cannabis banking protections

A key U.S. House panel approved a spending bill including a provision that would protect banks serving lawful marijuana businesses from punishment by federal financial regulators. The House Appropriations Committee…

News June 13
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Weekly Deal Watch: Public companies target private firms for cannabis M&A

Public companies led the charge in acquisitions this week, targeting private firms for growth in geography and product lines in more than two-thirds of the deals closed.

News June 13
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