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Canada clamps down on ‘one-click’ age checks for marijuana promotions
One-click authentications of a website user’s age are not enough to ensure cannabis promotions cannot be accessed by young people, according to Health Canada, and the agency expects regulated parties…
News March 22
Cannabis financier Gotham Green Partners to invest up to $250 million in MedMen
MedMen, a California-based multistate marijuana operator, said it will receive an investment of up to $250 million from private equity fund Gotham Green Partners (GGP). The investment – a convertible…
News March 22
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
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