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Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Israel’s prime minister contemplates adult-use marijuana legalization
Three weeks before the country goes to the polls, Israeli Prime Minister Benjamin Netanyahu said he would weigh legalizing cannabis if his party wins another term, The Jerusalem Post reported. So far, Canada…
News March 15
Record-setting acquisition hits US marijuana industry and more of the week’s top news
A record-setting acquisition shakes up the U.S. cannabis space, two notable investors and a beverage industry veteran sign on with marijuana businesses, New Jersey politicians strike a deal to establish…
News March 15
Michigan medical cannabis cultivator Green Peak raises $30M-plus for expansion
Green Peak Innovations, a medical cannabis cultivator based in Lansing, Michigan, raised more the $30 million in an oversubscribed debt round. The funds will be used to support Green Peak’s…
News March 14
Connecticut’s Democratic lawmakers push to legalize adult-use marijuana
Several House Democrats in Connecticut on Thursday unveiled draft legislation to legalize adult-use marijuana under a tightly-controlled framework, becoming the latest Eastern state to push for recreational legalization. Businesses wouldn’t…
News March 14
Massachusetts cannabis RICO case settled out of court for ‘substantial’ amount
A Massachusetts racketeering lawsuit against a marijuana shop was dismissed, but the victory for that cannabis business didn’t come without a cost. The parties agreed to a “substantial” but confidential…
News March 14
Canada’s dried cannabis supply builds as adult-use sales decline
The volume of dried adult-use cannabis sold in the regulated Canadian market fell in January while inventories continued to build, according to the latest data from Health Canada. In January,…
News March 14
New Mexico adult-use marijuana bill might face long odds in final stretch
Legislation that would legalize recreational cannabis in New Mexico but under a mostly government-run retail structure faces an uphill climb. Although the House passed the measure, a key New Mexico Senate…
News March 14
Weekly Deal Watch: Cannabis capital raises outpace record 2018 levels
North American cannabis companies have raised nearly $3.3 billion so far this year, outpacing the record funding levels set in 2018, according to the latest data from Viridian Capital Advisors.
News March 14
Florida lawmakers vote to end ban on smokable medical cannabis products
Florida is on the verge of eliminating its ban on smokable medical marijuana, a move that is expected to provide a significant boost in sales for the already booming $250…
News March 13
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