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CBD set for sale at drugstore giant CVS & more of the week’s top cannabis business news (SLIDESHOW)
CVS emerges as a new sales outlet for Curaleaf hemp-derived CBD topicals, Florida medical marijuana patients can buy smokable flower, New Jersey looks short on the votes necessary for adult-use…
News March 22
New Jersey governor: Push to legalize recreational marijuana is short on votes
Days ahead of a planned vote in the Legislature that would make New Jersey the 11th state to legalize recreational marijuana, Gov. Phil Murphy said Thursday the measure is short…
News March 21
MedMen taking Miami Beach to court over cannabis dispensary regulations
Multistate marijuana operator MedMen is suing Miami Beach, Florida, claiming a local regulation – which requires medical cannabis dispensaries be at least 1,200 feet from each other – violates state law.…
News March 21
Florida dispensary conducts first smokable medical marijuana sale
Only days after Florida’s governor signed a bill allowing medical cannabis dispensaries to sell smokable products, Trulieve, the largest cannabis retailer in the state, began selling them. Trulieve sold the…
News March 21
California cannabis firms struggle to make sense of new track-and-trace system, fanning fears over its expanded rollout
Many California marijuana business executives welcome the state’s newly mandated track-and-trace system as an opportunity to ensure industry transparency – but they worry the technology’s rollout could prove rocky. Industry…
News March 21
Illinois Senate panel passes bill to protect banks serving cannabis businesses
An Illinois senate committee voted to advance a bill that would prohibit the Illinois Department of Financial and Professional Regulation from taking any action that would penalize or dissuade banks and…
News March 21
Cannabis extraction company Nextleaf begins trading on CSE
Vancouver, British Columbia-based Nextleaf Solutions has begun trading on the Canadian Securities Exchange (CSE) under the ticker symbol OILS.
News March 21
NY gov drops adult-use marijuana from budget, but bullish on legalization outlook
Democratic New York Gov. Andrew Cuomo said Wednesday a bill legalizing adult-use cannabis won’t be included in the state’s budget due April 1, but he predicted state lawmakers could come…
News March 21
Rhode Island lawmakers raise questions about plan to legalize recreational cannabis
Rhode Island lawmakers held their first joint hearing on a proposal to legalize recreational marijuana, but the measure received considerable pushback and prospects look dimmer without some reworking or compromises.…
News March 21
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