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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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Oregon cannabis harvest floods market again, driving prices even lower
More than a million pounds of marijuana flooded an oversaturated Oregon market last October, keeping prices low and further straining burdened cannabis businesses. Oregon’s marijuana cultivators harvested more than 2.5…
News January 4
‘Investors smell opportunity’: Bermuda courts cannabis industry
Bermuda is lifting a regulatory ban on marijuana investment funds, a move that could grow the pool of international capital available for the legal cannabis industry and blaze a trail…
News January 4
Marijuana company Tilt Holdings inks $210 million deal to buy vape tech firm
Tilt Holdings, a Massachusetts company specializing in cannabis technology, cultivation and support solutions, agreed to acquire Jupiter Research, a Phoenix-based vaporization technology business, for $210 million.
News January 4
Week in Review: MMJ stores close in Michigan, OK dispensaries may serve Arkansans & California marijuana banking
Dozens of shuttered medical marijuana stores in Michigan face big sales losses, Oklahoma dispensaries could soon get MMJ customers from Arkansas, and a California government report nixes hopes that the…
News January 4
Federal judge throws out racketeering claim against California cannabis grower
A federal judge dismissed a federal racketeering claim against an allegedly illegal marijuana cultivator in Northern California, saying the plaintiffs failed to prove a business or property loss as required…
News January 3
MA planning board says no to million-square-foot marijuana grow facility
The Charlton, Massachusetts, planning board unanimously rejected a cannabis company’s site plan to build a $100 million, 1 million-square-foot marijuana processing and cultivation facility in the town, The Boston Globe reported.…
News January 3
Louisiana cannabis grower raises questions about state’s MMJ testing blueprint
Louisiana’s only operating medical marijuana grower is uneasy about the state’s plan to test the crop itself instead of using third-party laboratories. The president of licensed grower GB Sciences Louisiana,…
News January 3
End of an era: After Jan. 9, California’s unlicensed medical cannabis collectives/co-ops illegal
On Jan. 10, California’s legal cannabis industry is expected to get even smaller. Medical marijuana collectives and cooperatives will become illegal without a state license that day, per guidance that…
News January 3
Weekly Deal Watch: Cannabis firms close out 2018 with blockbuster $13.8 billion raised
The year 2018 will go down as massive milestone for cannabis companies with $13.8 billion raised and more than 300 mergers and acquisitions inked across the industry, according to data…
News January 3
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