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Marijuana Business This Week: FDA looks at cannabinoids, NJ poised to expand MMJ, earnings galore & more
Here are some notable stories and events to watch for in the coming days: FDA TACKLES CANNABINOIDS: The cannabis industry notches an important federal first this week when the U.S.…
News May 27Iowa’s move to increase medical cannabis potency runs into roadblock
Iowa Gov. Kim Reynolds vetoed a bill that would have lifted the 3% cap on the potency of medical marijuana products available in the state. Reynolds vetoed the bill Friday…
News May 24Hearing begins for Nevada marijuana businesses claiming state licensing bias
Attorneys for dozens of Nevada marijuana businesses began a multiday hearing before a judge they’re asking to temporarily freeze new dispensary licenses in the state’s booming recreational cannabis market. MJ…
News May 24Arkansas medical cannabis dispensary sued for trademark infringement
Doctors Orders Pharmacy, a White Hall, Arkansas-based chain of drugstores, filed a federal trademark infringement lawsuit against Doctors Orders Rx, one of the state’s two operating medical marijuana dispensaries. The…
News May 24Cannabis oversupply in Canada may be closer than some expect, bank warns
One of Canada's top banks acknowledged the adult-use cannabis industry's rocky start but still expects to see "substantial growth" for the rest of the year as supply constraints are alleviated.
News May 24MA authority approves acquisition of Sira Naturals by Canadian marijuana firm
The Massachusetts Cannabis Control Commission approved what is believed to be the first sale of a marijuana business in the state. Sira Naturals, which owns three dispensaries in the Boston…
News May 24Haborside CEO: Cannabis company likely to start trading on CSE in June
Harborside, which has well-established cannabis dispensaries in the San Francisco Bay Area, is expected to start trading on the Canadian Securities Exchange (CSE) in the first week of June. While…
News May 24Colorado gov inks bill allowing medical marijuana as opioid alternative
Colorado Gov. Jared Polis signed a measure that will allow physicians in the state to recommend medical cannabis in lieu of opioids. The move could buoy sales of medical marijuana, which…
News May 24Utah governor blasts feds for inaction on cannabis banking, medical research
Utah Gov. Gary Herbert said the federal government “oughta be ashamed” for its “lack of action and attention” on cannabis policy reform, including steps to encourage marijuana banking and medical…
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