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MA 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 24
Haborside 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 24
Colorado 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 24
Utah 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…
News May 24
South Africa approves continent’s first federal cannabidiol law
A change to South Africa’s medicines law means the country is the first in Africa to carve out a federally approved market for nonprescription CBD. Health Minister Aaron Motsoaledi amended…
News May 24
MMJ expansion moves forward in NJ, cannabis banking, Canada shortages toll & more
New Jersey legislators advance a medical marijuana program expansion, state banking associations get behind federal banking reform, Canada’s cannabis shortage has international implications – plus other important news from around the…
News May 24
MI House supports federal act to protect banks doing business with marijuana firms
Michigan House legislators adopted a resolution that asks the U.S. Congress to make laws providing protection to banks that take medical cannabis businesses as customers. The resolution urges Congress to…
News May 23
New Jersey Assembly approves medical cannabis expansion
The New Jersey Assembly on Thursday voted 65-5, with six abstentions, to expand the state’s medical marijuana program, a measure that could significantly boost sales in what has become a…
News May 23
Marijuana firm MedMen closes initial $80 million in funding from Gotham Green
MedMen, a multistate cannabis company based in California, said it closed on an initial $80 million tranche of funding from New York private equity group Gotham Green Partners (GGP). The…
News May 23
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