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Nevada judge sets May hearing on lawsuits to halt marijuana licensing

A Nevada judge announced she will hear arguments next month on a bid by dozens of companies to freeze a second wave of licenses for entry in to the state’s…

News April 22
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Maine regulators ask second consultant to review adult-use cannabis rules

In the continuing saga surrounding the development of rules for Maine’s recreational marijuana industry, state regulators hired a second consulting firm to aid the process – but they deny the…

News April 22
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Idaho lumber business sues Massachusetts marijuana firm over logo similarity

A Boise, Idaho-based lumber company is suing New England Treatment Access (NETA), a Massachusetts medical and recreational cannabis company, for trademark infringement. The situation underscores why marijuana firms must perform…

News April 22
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Medical cannabis licensing and tracking contract faces challenge in Missouri

Florida-based BioTrackTHC filed a protest with Missouri marijuana regulators over a decision to award a medical cannabis licensing and seed-to-sale tracking contract to Metrc in the Show-Me State.

News April 22
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Aphria prices $300M of convertible notes to fund global marijuana expansion

Canadian cannabis firm Aphria plans to raise capital via convertible senior notes in a private placement offering to fund international expansion initiatives and future acquisitions. Aphria priced $300 million of…

News April 22
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Cannabis vaporizer company Pax Labs raises benchmark $420 million in funding

Pax Labs, a San Francisco-based maker of vaporizers, confirmed it raised $420 million in equity financing, a record for a U.S.-based marijuana company. The firm said the round included both new…

News April 22
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MJardin to add marijuana extraction in Nevada with acquisition

Denver-based MJardin Group agreed to buy Carson City Agency Solutions, which does business as Cannabella, an operator of a cannabis extraction facility and producer of edibles and topicals in Carson…

News April 22
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Merrill Lynch launches marijuana sector coverage, predicts more cross-border deals

Bank of America Merrill Lynch deepened its interest in the cannabis industry by initiating coverage of the burgeoning sector, less than a year after it financed Constellation’s multibillion-dollar investment in Canada’s Canopy Growth.…

News April 22
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Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more

Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is the deadline set by a group of senators for U.S. Attorney General William…

News April 22
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