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Former CFO sues cannabis firm MedMen, alleging breach of contract, other misdeeds

The former chief financial officer of MedMen Enterprises filed suit against the California-based company this week, alleging top executives forced him to “choose between complying with his fiduciary duty to the…

News January 31
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Victoria’s aim to be Australian ‘cannabis capital’ challenged by patient access issues

An Australian state’s ambition to be the nation’s “medical cannabis capital” is unlikely to succeed unless market access for local patients substantially improves, experts note. Patient access to medical cannabis…

News January 31
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Study: Oregon would double marijuana supply if all producer licenses allotted

A new study of the economics of Oregon’s recreational cannabis industry shows the state would nearly double its cannabis supply if regulators approved all pending producer applications, which could potentially…

News January 31
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Big Pharma ‘missing link’ in Canada’s emerging marijuana industry

The entrance of multinational pharmaceutical companies into Canada's cannabis sector will mark one of the next major themes in the industry, analysts told Marijuana Business Daily.

News January 31
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Canadian cannabis firm Green Growth enters Arizona with $12M Desert Rose purchase

Toronto-based Green Growth Brands is entering its third U.S medical marijuana market with the $12.35 million cash acquisition of ZLJT and Arizona Natural Pain Solutions, better known collectively as Desert Rose.…

News January 31
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Veteran marijuana advocate Steve Fox leaves NCIA to join upstart MJ trade group

Longtime marijuana advocate Steve Fox has left the National Cannabis Industry Association, which he co-founded, to join the upstart Cannabis Trade Federation to promote federal MJ reform. “It is a…

News January 31
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CA credit union reveals that it’s been banking cannabis businesses for a year

A California credit union said it has been providing banking services to licensed marijuana businesses for roughly a year.

News January 31
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Audit says Oregon marijuana regulators fail to meet basic standards

A new audit released by the Oregon Secretary of State examined the state’s regulation of the cannabis market and concluded that regulators are coming up short in a number of…

News January 31
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Lack of cannabis tracking data in WA sparks confusion, missed business opportunities

A dearth of comprehensive price and sales data and incorrect figures about marijuana commerce have sowed confusion among cannabis businesses in Washington state since regulators rolled out a new traceability…

News January 31
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