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Insurance-covered cannabis in Germany tops 70 million euros in 2018

Statutory health insurers in Germany covered 73.7 million euros ($83.7 million) worth of medical cannabis products in 2018, according to new data published by German health insurance agency GKV-Spitzenverband. Pharmacies…

News March 19
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NJ adult-use cannabis bill heads to final vote after key committee OKs

New Jersey took another major step Monday toward legalizing recreational marijuana when Senate and Assembly committees approved an identical measure and sent it to the full Legislature for a vote.…

News March 19
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California environmental regulations and marijuana: Q&A with Green Wise’s Pamela Epstein

Before joining the cannabis industry as an attorney and business consultant, Pamela Epstein practiced environmental law. Epstein, founder of Los Angeles-based Green Wise Consulting, specialized in the California Environmental Quality…

News March 19
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Is vertical integration the right approach for your cannabis business?

Kevin Currier has lost sleep over the prospect of vertically integrating his new marijuana business in Michigan. A Michigan resident, Currier applied for a medical cannabis retail license in Grand…

News March 19
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Florida ends ban on smokable cannabis, opening door to tens of millions in new sales

Florida’s dozen or so active medical marijuana businesses are expected to see tens of millions of dollars in additional sales by this summer – thanks to a new law that…

News March 18
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Tilray eyes US, European marijuana as it reports Q4 sales rise, wider loss

Canadian cannabis cultivation giant Tilray plans to focus on Europe and the U.S. for its upcoming expansion plans after posting higher-than-expected sales in the fourth quarter.

News March 18
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IL treasurer: State medical cannabis firms may collapse without banking reform

Illinois Treasurer Michael Frerichs warned legislators the state’s medical marijuana  industry could collapse if the state doesn’t take action to combat what he called a banking crisis for cannabis businesses.…

News March 18
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Marijuana company Curaleaf to buy Nevada’s Acres Cannabis for $70M

Massachusetts-based Curaleaf, a vertically integrated cannabis operator, agreed to buy Acres Cannabis for $70 million in a cash and stock deal. Acres Cannabis currently operates 269,000 square feet of cultivation…

News March 18
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New Mexico adult-use cannabis bill fails; gov wants to revive in 2020

New Mexico Gov. Michelle Lujan Grisham is looking to put recreational marijuana legalization back on the agenda for the next legislative session after a bipartisan bill stalled without a Senate…

News March 18
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