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Arizona may be on verge of requiring medical marijuana testing
Arizona Gov. Doug Ducey has until Saturday to decide whether to sign legislation that would require medical marijuana and derivative products to be tested by an independent lab for pesticides,…
News June 7
Auction of licensed California cannabis business brings in $8.25 million
The business assets of The Guild San Jose, a California-based, vertically integrated cannabis business, were sold at auction Friday in an apparent first for a marijuana business in the world’s…
News June 7
Terra Tech pays $6.3 million to settle Nevada marijuana claim
Terra Tech, a California-based cannabis operator, agreed to pay $6.3 million to settle a lawsuit that alleged the company siphoned money from a Nevada dispensary for its other ventures. The…
News June 7
Law enforcement targets dozens of illicit Southern California cannabis grows
In another example of enforcement actions against illicit marijuana businesses in California, nearly 141,000 plants were seized in the southern part of the state in a massive raid targeting dozens…
News June 7
New Mexico adds opioid use to medical marijuana conditions list
New Mexico health officials expanded the list of qualifying conditions for the state’s medical cannabis program, including opioid-use disorder, which could potentially mean expanded sales for MMJ businesses in the…
News June 7
Despite Italy’s ‘cannabis light’ court ruling, low-THC business continues as usual
The obituary for Italy's thriving "cannabis light" industry - stemming from an apparently unfavorable court decision - was highly premature, local industry leaders told Marijuana Business Daily. They noted the…
News June 7
Week in Review: Illinois makes history, New Jersey expands medical cannabis, FDA mulls CBD in food & more
Illinois legalizes adult-use cannabis, New Jersey maps a major expansion of its medical marijuana program, the U.S. Food and Drug Administration holds a landmark hearing – plus other important news…
News June 7
Report: CBD sales in the US to reach $7 billion by 2023 as investments surge
Financial firms are taking advantage of billions of dollars in business opportunities opened in the U.S. hemp industry by passage of the U.S. Farm Bill, according to a new report…
News June 6
MedMen investors file to move lawsuit against cannabis firm into arbitration
After filing suit against MedMen in January alleging serious mismanagement and a breach of fiduciary duty - and asking a court for nearly $220 million in damages - two early…
News June 6
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