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Are Florida medical cannabis operators looking to exit the $2 billion market?
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California approves bill to extend provisional permits, curtail illicit cannabis firms
The California Legislature on Thursday gave the final go-ahead to a budget trailer bill that will, among other things, extend the life span of provisional business licenses for cannabis companies…
News June 27
Oregon lawmakers push bill to lift US ban on interstate marijuana exports
Two Democratic Oregon lawmakers on Thursday introduced congressional legislation to allow states, including Oregon, to export cannabis to other states with legal marijuana programs.
News June 27
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
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
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
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
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
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
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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