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More ‘extinction events’ for CA cannabis companies: Q&A with consultant Jackie McGowan

The past 12 months have been a rough ride for the California marijuana industry, and many business owners are hoping for a comparatively dull 2019 to get back to some…

News January 29
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Cannabis Women to Watch in 2019

The 22 women selected for Marijuana Business Magazine’s list of Women to Watch in 2019 have crafted companies from the ground up, forged new woman-focused alliances and upended traditional business…

News January 29
Nevada mountains, photo by Andrey Grinkevich

Marijuana firm Verano sued for $135 million in Nevada related to licenses

Multistate operator Verano Holdings faces a $135 million lawsuit in Nevada for alleged fraud in excluding its Nevada partners from a recent licensing round in which the Illinois-based firm won…

News January 28
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79 applications received for 13 contracts to cultivate medical cannabis in Germany

German officials report high interest in domestic cultivation, with 79 applications submitted for the 13 contracts to be granted. The first application process to select cultivators, which drew 118 applicants despite more stringent…

News January 28
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California lawmakers propose cannabis tax cuts to curb the state’s black market

In an effort to jump-start California’s sluggish legal marijuana marketplace, a group of Democratic state lawmakers proposed a bill that would for the next three years eliminate the state’s $148-per-pound cultivation…

News January 28
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In unusual move, Thailand to revoke foreign patent requests on marijuana

Thailand’s military government ordered the Department of Intellectual Property (DIP) to revoke within three months foreign companies' patent applications that include cannabis.

News January 28
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Ontario Cannabis Store offers opportunities for delivery, insurance firms

(This story has been updated with the application deadline for transportation and delivery services. – Ed.) The Ontario Cannabis Store (OCS) is looking to expand its network of partners, including for same-day…

News January 28
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Massachusetts hits $24M in adult-use marijuana sales as state issues 100th license

Recreational marijuana shops in Massachusetts have racked up nearly $24 million in sales since the initial ones opened two months ago. That’s according to the Cannabis Control Commission (CCC), the…

News January 28
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Chart: US-affiliated medical cannabis firms led fundraising on Canadian Securities Exchange in 2018

U.S.-affiliated medical cannabis companies dominated Canadian Securities Exchange (CSE) fundraising in 2018, raising nearly $2 billion through 50 equity-related deals.

News January 28
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