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Vireo enters New Mexico medical marijuana market
Vireo Health, a Minneapolis-based cannabis group that started trading this month on the Canadian Securities Exchange (VREO), said it is expanding into the New Mexico medical marijuana market with the acquisition…
News March 28
Maryland regulators intend to issue new medical cannabis licenses despite suit
Maryland regulators said Thursday they plan to move forward with plans to issue additional medical marijuana cultivation and processing licenses, despite a lawsuit by Curio Wellness to block their effort.…
News March 28
Walgreens joins CVS in sales of CBD topical products
The Walgreens pharmacy chain will sell CBD-infused creams, sprays and transdermal patches in 1,500 stores across nine states, but the company declined to identify the brands it plans to carry,…
News March 28
Hypur launches $500 million marijuana and hemp investment fund
Arizona-based Hypur Ventures announced it's rolling out a half-a-billion-dollar cannabis investment fund intended to inject even more capital into both the marijuana and hemp sectors.
News March 28
CannTrust plans massive outdoor cannabis grow in Canada, explores US move
Ontario-based cannabis firm CannTrust plans to establish a large outdoor grow operation in Canada to provide low-cost production inputs for extraction-based products. CannTrust “believes it will be a leader in…
News March 28
Detroit medical marijuana dispensary sues over licensing deadline
An unlicensed medical cannabis dispensary in Detroit has sued the state, just days before regulators are poised to shutter shops that have not obtained appropriate permits. Green Genie filed suit…
News March 28
Mexico revokes cannabis guidelines, throwing licenses into doubt
Mexico's main regulatory body for medical cannabis revoked key guidelines used as the basis for issuing dozens of import licenses for low-THC products, putting the status of those permits into question, pending…
News March 28
WV gov vetoes cannabis bill that would tax vertically integrated firms at lower rate
West Virginia Gov. Jim Justice vetoed a medical marijuana bill because he said it “favors wholly vertically integrated businesses” by taxing them at a lower rate than stand-alone cultivators, processors…
News March 28
Cannabis banking bill advances in committee; full US House vote expected within weeks
A key U.S. House committee voted resoundingly Thursday to provide federal protection for financial institutions that serve state-authorized marijuana and ancillary businesses, a landmark development for cannabis banking legislation. The…
News March 28
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