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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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Congressional hearing on marijuana banking boosts industry hopes for reform, but passage far from assured
Major issues facing the cannabis industry, such as limited access to banking services, have stalled in Congress without even getting a hearing, much less a floor vote. That will change…
News February 13
MJBizDaily launches annual cannabis industry survey to collect key business data
Marijuana Business Daily has launched its seventh annual survey of cannabis industry executives and investors, an undertaking that’s intended to help the Colorado-based company provide key market, financial and operational data…
News February 12
Luxury retailer Barneys New York to sell marijuana products in California flagship
Upscale specialty retailer Barneys New York announced plans to sell cannabis products and accessories in a new “luxury” head shop called The High End, the latest mainstream company to capitalize…
News February 12
Cannabis tech firm MassRoots to acquire logistics business COWA Science for $5.8M
Marijuana technology firm MassRoots - which has been struggling financially - said it agreed to acquire COWA Science, a cannabis-focused logistics and supply chain firm, in a stock deal valued at $5.8…
News February 12
MedMen asked to resign from New York medical marijuana trade group
California-based cannabis retailer MedMen may be forced out of a medical marijuana trade group in New York, where it holds one of 10 MMJ business permits. According to the Daily…
News February 12
How Canadian firms and money are shaping US cannabis sector: Q&A with The Apothecarium’s Ryan Hudson
Ryan Hudson co-founded The Apothecarium in San Francisco in 2011. On Monday, he agreed to sell the retail company and its assets to a Canadian wellness firm for a cool $118 million…
News February 12
Retaining prized budtenders no easy task, but it can be done, marijuana insiders say
It can be difficult for marijuana businesses to retain their best budtenders, but the payoff for investing in retention is well worth the effort.
News February 12
San Francisco cannabis retailer acquired by Canada’s TerrAscend for $118M
Canadian marijuana firm TerrAscend announced it will acquire California-based The Apothecarium in a deal worth more than $118 million (157 million Canadian dollars).
News February 11
Canada still plans to revoke Ascent’s marijuana license; shareholders may meet
Ascent Industries subsidiary Agrima Botanicals failed to demonstrate to federal authorities that a suspension of its cannabis licenses in Canada is unfounded, putting future operations further in doubt, the company said…
News February 11
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