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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
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
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
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
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
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
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
Half of Canada’s cannabis cultivation applicants in limbo
More than half of the cannabis site applications in Canada had not transitioned to the new licensing system as of the end of 2018, meaning their applications are effectively in…
News January 27
Navigating environmental rules needn’t be messy for cannabis growers
When California marijuana dispensary owner Chris Jennings decided to apply for a cultivation license in 2016, he helped organize a meeting for growers to discuss water and other natural resource…
News January 26
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