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Federal judge allows landmark marijuana patent suit to proceed
A Denver federal judge denied an early motion to toss out most aspects of a landmark cannabis patent lawsuit, allowing the case to proceed toward a jury trial. The suit,…
News April 25
Cannabis publication High Times accused of Women of Weed trademark infringement
A marijuana industry pioneer alleges that High Times infringed on her Women of Weed federally registered trademark and did so in a “sexualized” way. Ah Warner, founder and CEO of…
News April 25
BNY Mellon involved in new marijuana NYSE fund
Bank of NY Mellon will act as custodian bank to a new cannabis-focused exchange-traded fund (ETF), the first time a New York Stock Exchange marijuana-related fund has seen backing by…
News April 25
Weekly Deal Watch: Cultivation and retail continue to dominate cannabis investment
The marijuana retail and cultivation segment continues to lead the pack with regard to capital raises and acquisition activity.
News April 25
Sol Global to acquire Michigan cannabis group MCP Wellness for $150 million
Sol Global, a Toronto-based investment company focused on the cannabis industry, agreed to acquire Michigan-based MCP Wellness, which has licenses to operate retail and cultivation centers in the state. The…
News April 25
Canadian cannabis company warns about shady stock promotion
A small Canadian hemp cultivator is warning investors to be on the lookout for a “speculative” promotional email it says could be the cause of higher-than-average trading volume. The company…
News April 25
Alaska gov isn’t looking to repeal Marijuana Control Board this session
Alaska Gov. Mike Dunleavy does not plan to introduce legislation this session that would propose eliminating the board that regulates the state’s legal marijuana industry. Spokesman Matt Shuckerow said the…
News April 25
California distributors warn ‘double taxation’ by cities could further strain legal marijuana industry
California cannabis distributors are warning about what they call a “double-taxation” situation in San Diego that’s raising costs for businesses. If the practice is adopted by other cities and counties,…
News April 25
Aurora Cannabis exec: ‘Having a major presence in US is nonnegotiable’
Aurora Cannabis is vowing to not be a spectator as rival Canopy Growth continues to plow hundreds of millions of dollars into high-growth U.S. CBD and medical marijuana markets. Aurora…
News April 25
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