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Marijuana Business This Week: NY lawmakers race the clock, Minnesotans mobilize for adult use, earnings watch & more
Here are some notable stories and events in the cannabis industry to watch for in the coming days.
News May 13
Italy’s interior minister declares war on cannabis, but stakeholders expect limited impact
In a move seen as more bluster than substance, an Italian official vowed to close all "cannabis light" shops in the country.
News May 10
Marijuana group 4Front secures $50 million loan to help build facilities
Phoenix-based 4Front Holdings, a vertically integrated cannabis group, has secured a $50 million loan to help it build cultivation and production facilities connected with the company’s expected merger with Cannex…
News May 10
Nevada discloses recreational cannabis license winners
Nevada is making public the names of people and businesses awarded recreational marijuana business permits for the state’s booming MJ industry. As Gov. Steve Sisolak signed what he called a…
News May 10
Medical marijuana measure clears Nebraska legislative panel
A bill to legalize medical cannabis in Nebraska that would offer a variety of business license opportunities but would ban certain products from the market advanced out of a legislative…
News May 10
AK cannabis regulators float on-site consumption, testing, tracking rule changes
The Alaska Marijuana Control Board is seeking public comment by June 19 on proposed changes to the state’s rules for on-site cannabis consumption spaces and the testing and tracking of marijuana.…
News May 10
California marijuana sales a far cry from state’s projections
California is paying a price for the shaky rollout of its legal recreational marijuana market. State budget documents show Gov. Gavin Newsom’s administration is sharply scaling back what it expects…
News May 10
Cannabis group Greenlane reports net loss amid expansion
Greenlane, a Florida-based distributor of vape products, reported improved revenue of $49.9 million for the first quarter 2019, up 15.3% from the same period last year.
News May 10
IL gov touts adult-use marijuana plan, FL dispensary cap lawsuits, Euro MJ conference & more
Illinois Gov. J.B. Pritzker unveils a blueprint for recreational marijuana, lawsuits crop up in Florida around the state’s dispensary caps, a conference in Denmark highlights the growing international MJ space…
News May 10
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