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Oregon bill to allow marijuana social use lounges hits dead end
A measure to legalize cannabis social consumption lounges in Oregon will not move forward, according to an industry advocate. The last major legislative action taken on Senate Bill 639 was…
News May 16Cannabis Trade Federation forms group to tackle industry’s diversity dilemma
The Cannabis Trade Federation (CTF), a national coalition of marijuana-related businesses, formed a high-powered task force aimed at developing a practical strategy to increase diversity in the MJ industry. Current…
News May 16British Columbia trails Ontario micro cannabis applications; first license issued
A relatively new class of federal cannabis licenses for small businesses in Canada is proving to be more appealing to entrepreneurs in Ontario than in British Columbia - home to…
News May 16AR marijuana dispensaries could offer edibles, concentrates next week
Cannabis-infused edibles, concentrates and vape cartridges are expected to hit dispensaries in Arkansas sometime in the next several days, and the rules for the products are similar to those in…
News May 16Profit-maker or profiteer? Cannabis industry conflicted on HdL’s influence, impact
More than one industry source contacted by Marijuana Business Daily referred to HdL Cos. as “hypocritical” latecomers to the marijuana industry, a sentiment that stems from many legacy operators being…
News May 16Weekly Deal Watch: Equity raises high as overall cannabis capital surges
In total, $289.8 million was raised through equity deals, just two weeks after the second-highest week of the year when $473.5 million was raised.
News May 16Nevada unveils bill to regulate cannabis under five-person board
Nevada would transfer the regulation of cannabis businesses from the state’s taxation department to a governor-appointed, five-member board under a bill filed in the Legislature. The measure was introduced on…
News May 15Updated: Provinces may permit cannabis nurseries to sell genetics on-site, Health Canada says
Provinces and territories have the authority to approve onsite retail sales of cannabis plants and seeds to consumers by federal nursery license, Health Canada has confirmed.
News May 15Subsector Snapshot: Infused Product Manufacturers
The infused product manufacturing sector is arguably best positioned to capitalize on the wave of marijuana legalization in the U.S., with: Low tax liabilities and higher annual revenues make infused…
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