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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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British Columbia, Ontario at bottom of per-person legal cannabis sales
Provinces with more physical cannabis stores saw significantly higher per-person sales in the six weeks after Canada’s legalization of recreational marijuana, according to new data from Statistics Canada – an…
News January 23
Law firm analysis: 79% of MA marijuana business contracts with municipalities illegal
In review performed by the Boston law firm Gersten Saltman, nearly four out of five of the so-called “host community agreements” between local governments and cannabis firms in Massachusetts are…
News January 23
Industry officials suggest OK medical cannabis security rules may need change
An Oklahoma medical marijuana industry official said most of the state’s new MMJ security rules are reasonable, but at least one could require an “excessive” amount of money to comply.…
News January 23
If these Northeast states legalize adult-use marijuana, they could generate billions of dollars in sales
The legalization of recreational marijuana appears poised to sweep across the Northeast, which could result in billions of dollars of business opportunities over the next few years in a densely…
News January 23
California marijuana growers association drops suit over loophole for mega-farms
The California Growers Association (CGA) has dropped a lawsuit it filed a year ago against the state over a regulatory loophole that allowed commercial-scale cannabis farms to begin operating in 2018.…
News January 22
Class action lawsuit against cannabis firm Organigram will proceed to trial in Nova Scotia
A class action lawsuit targeting Canadian licensed medical marijuana grower Organigram has been approved to proceed to trial by the Nova Scotia Supreme Court. The suit stems from product recalls…
News January 22
Cannabis firm KushCo raises $34 million to fund working capital, new technology
California-based KushCo Holdings, a diversified marijuana company specializing in packaging and other products and services, closed on a $34 million stock funding that comes on the heels of a similar direct offering…
News January 22
Tilray to double domestic footprint with acquisition of Canadian marijuana cultivator
British Columbia-based Tilray plans to buy Natura Naturals Holdings for up to 70 million Canadian dollars ($52 million) to significantly increase its Canadian cannabis footprint. Natura Naturals – a subsidiary…
News January 22
Cannabis firms in M&A hunt look beyond Canada for growth
Canadian medical cannabis companies are increasingly looking internationally for acquisitions to tap growth while consolidation in the country’s marijuana sector continues to steam ahead. Last year, 140 U.S. cannabis companies…
News January 22
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