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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
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
Owners of Colorado marijuana retailer Sweet Leaf sentenced to prison in landmark case
The three owners of the shuttered Sweet Leaf dispensary chain and cannabis grower in Colorado were each sentenced to one year in prison Friday for their roles in an illegal,…
News January 25
Maine’s recreational cannabis timeline in flux after consulting firm let go
Maine’s timeline for launching sales of adult-use marijuana is uncertain now that the state has withdrawn from a contract with Botec Analysis, a Los Angeles consulting firm hired to help…
News January 25
Davos report: Europe could be world’s largest medical marijuana market in 5 years
Europe’s three largest medical cannabis markets could double in size in 2019, making this a “transformative” year for the European market, according to a new report by United Kingdom-based analytics firm…
News January 25
In turnaround, Pennsylvania governor exploring adult-use cannabis legalization
Pennsylvania Gov. Tom Wolf opened the door to legalizing recreational marijuana in one of the nation’s most populous states with the announcement that a series of town hall-style sessions will…
News January 25
California’s Calaveras County refunding nearly $1 million in fees to marijuana farmers
A California county that collected fees and taxes from marijuana farmers but then banned the industry has partly reversed course after voting this week to refund almost $1 million in…
News January 25
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