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Finance committee rebuffs Wisconsin governor’s medical marijuana plan
The Wisconsin Legislature’s joint finance committee on Thursday voted 11-4 along party lines to reject Gov. Tony Evers' budget proposal to legalize medical marijuana.
News May 9
Schumer to reintroduce federal cannabis reform bill
Senate Minority Leader Chuck Schumer on Thursday said he intends to reintroduce his bill to remove marijuana from the U.S. controlled substances list, a move that would permit states to…
News May 9
Alabama Senate moves limited medical marijuana program bill forward
The Alabama Senate approved a measure Thursday that would create a limited medical cannabis sales and taxation program to treat certain debilitating illnesses and conditions. The Senate passed the bill…
News May 9
Weekly Deal Watch: Private companies drive cannabis M&A activity
The number of completed M&A deals in the cannabis space remains significantly higher so far this year compared with a similar period in 2018 - and private companies are largely…
News May 9
Netherlands prepares legal recreational cannabis cultivation experiment
The Netherlands is laying the groundwork to become the first country in Europe to allow commercial production of adult-use marijuana – although initially the program would be considered an experiment.…
News May 9
Cannabis firm Cronos Group misses on revenue, reports wider Q1 loss
Toronto-based Cronos Group reported first-quarter results Thursday revealing the licensed marijuana company’s losses grew from a year ago as it missed revenue expectations. Cronos reported first-quarter revenue of 6.5 million…
News May 9
Cannabis business win/loss scorecard in Golden State’s legislative session
California lawmakers are almost halfway through the 2019 legislative session, and multiple bills that could have a big impact on the marijuana industry remain alive and kicking.
News May 9
Ohio panel endorses anxiety, autism as conditions for medical marijuana use
An Ohio state medical board committee recommended the state add anxiety and autism to the list of qualifying conditions for medical marijuana, which likely will help boost participation in the…
News May 8
Michigan AG forms group to ease implementation of recreational cannabis law
Michigan’s attorney general has created a marijuana work group to study and reevaluate adult-use marijuana rules and regulations, with the aim of avoiding “the years of uncertainty” that followed the…
News May 8
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