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West Virginia law clears path for medical marijuana banking
West Virginia’s governor penned a medical cannabis banking bill into law that will allow financial institutions in the state to bid on providing banking services surrounding the state’s MMJ program, MetroNews…
News March 27
Tilray expects GMP approval, first cannabis sales from Portugal this summer
Tilray’s facility in Portugal is expected to receive Good Manufacturing Practice (GMP) certification in the coming months, which the Canada-based cannabis company says will open the door for the first shipments…
News March 27
New York medical cannabis businesses fighting for priority in adult-use market
New York’s medical marijuana companies are fighting to get a first crack at any new recreational market when one is finally created, and they may be making some progress in…
News March 27
Ohio medical cannabis participation rate remains low
Ohio’s licensed medical marijuana dispensaries have had to face the reality that only 28% of Ohioans who signed up for the state’s medical marijuana registry in the first three months…
News March 26
Florida bank gives notice it’s closing medical marijuana group’s account
A Florida bank is moving to close the account of a medical cannabis advocacy organization. SunTrust Bank notified the Tallahassee-based Medical Marijuana Business Association of Florida (MBAF) last week that…
News March 26
Vireo enters Arizona medical cannabis market
Vireo Health, a Minneapolis-based cannabis group, said it is expanding into Arizona with the acquisition of Arizona Natural Remedies (ANR). Vireo declined to disclose the value of the acquisition. The…
News March 26
Louisiana medical marijuana grower plans ‘limited release’ of product in May
A Louisiana medical cannabis cultivator is planning to release a limited amount of product in May, which could temporarily alleviate some frustration from the ongoing delay in the program’s rollout.…
News March 26
Molson Coors: Cannabis consumption may hit company’s bottom line
The second-largest beer maker in North America is once again warning its shareholders that the rising tide of legal marijuana could take a bite out of its profits. Denver-based Molson…
News March 26
Cronos Group reports boosted cannabis revenue but wider losses in Q4
Cronos Group, a Toronto-based licensed cannabis party, posted sizable fourth-quarter revenue, the company said in an earnings report Tuesday, but its net loss for the period grew sharply – fueled in large part…
News March 26
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