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Judge orders cannabis firm Sweet Leaf co-owners to pay $8.8 million for unpaid rent

A Denver court issued an $8.8 million judgment against the owners of the once-thriving Colorado marijuana chain Sweet Leaf for unpaid rent, late fees and interest in breaching four commercial leases in…

News December 17
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Chart: 2018 Farm Bill addresses major pain points for hemp industry

Several major hurdles undermining hemp cultivators’ ability to run successful, profitable businesses are set to crumble once President Donald Trump signs the 2018 Farm Bill.

News December 17
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New Jersey lawmakers delay action on adult-use marijuana until 2019

New Jersey lawmakers won’t vote on legalizing adult-use marijuana before the end of the year after failing to reach a compromise deal. The failure likely means that legalization won’t be…

News December 14
cannabis stimulus spending

US Senator plans to pitch measure to resolve cannabis’ legal, financial issues

U.S. Sen. Cory Gardner plans to introduce an amendment to a criminal justice reform bill that would fully protect state-legal marijuana programs as well as resolve banking and taxation issues…

News December 14
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Ohio regulators ask for $2.1M to cover costs of medical marijuana lawsuits

Ohio’s medical cannabis regulators are asking for an additional $2.1 million from state funds to cover the legal fees incurred from lawsuits lobbed by companies that were denied MMJ licenses.…

News December 14
Photo by Sandro Schuh on Unsplash

‘Severe supply shortage’ forces Ontario to start with only 25 cannabis retailers; licensed producers barred

Canada’s largest marijuana market is set to adopt a phased approach to cannabis retail due to “severe supply shortages across the country,” the Ministry of Finance announced Thursday, capping the…

News December 14
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Massachusetts bank willing to accept deposits from some cannabis businesses

At least one bank in Massachusetts is willing to do business with medical marijuana companies. Swansea-based BayCoast Bank said it will take deposits from MMJ businesses, according to the Boston…

News December 14
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Week in Review: NV cannabis licensing gripes, Connecticut permits more MMJ dispensaries & Q3 earnings roundup

Nevada issues 61 additional provisional recreational marijuana retail permits, Connecticut doubles the number of medical cannabis dispensary licenses in the state, and some publicly traded MJ firms release third-quarter results.…

News December 14
Image of round cannabis gummies bearing THC stamp

Washington state regulators approve new rules for marijuana edibles

After months of back and forth with cannabis-infused products makers and MJ trade associations, the Washington state Liquor and Cannabis Board approved new packaging, labeling and product design regulations for…

News December 13
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