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In surprise move, Pennsylvania rejects medical cannabis research cultivators
Pennsylvania officials rejected all eight growers that planned to partner with medical schools to research medical marijuana. Those cultivators also would have been allowed to compete in the commercial market…
News December 6Utah medical marijuana advocates challenge new compromise law in court
Advocates in Utah are suing to block a compromise agreement legalizing medical cannabis, saying it wrongly guts a measure approved by voters last month. The compromise bill, which was signed…
News December 6Regulator warns Canadian marijuana firms against ‘problematic practices’
Canada’s stock market regulator warned publicly traded companies in emerging industries such as cannabis and fintech against “problematic promotional activities” that could artificially increase share prices and put investors at…
News December 6Adult-use cannabis legal in MI as of today; commercial market not likely until 2020
Michigan on Thursday became the latest state to officially legalize the recreational use of marijuana, but it's initially only for adult possession and use - not commercial sales.
News December 6IGC Resources, Westleaf Cannabis close CA$20M raise, including Tilray investment
Alberta marijuana companies IGC Resources (TSXV: IGC.H) and Westleaf Cannabis closed a brokered private placement of 20 million Canadian dollars ($15 million), including CA$2.9 million from British Columbia-based Tilray. The…
News December 6Aphria fallout: 5 takeaways on the report that sent this cannabis stock plunging
The blows to Aphria's stock continued Wednesday as the Canadian cannabis giant's share price tumbled in the wake of a scathing short-seller report.
News December 6Massachusetts recreational marijuana stores bring in $2.6M in second week of sales
The newly launched adult-use cannabis market in Massachusetts hit $2.6 million in sales during the second week of sales, according to figures released by the state’s Cannabis Control Commission. Data…
News December 5Medical cannabis export law passes first vote in Israeli Parliament
A long-awaited bill to permit the export of medical cannabis from Israel passed the first of three crucial votes in the country’s Parliament, potentially setting it up for approval in…
News December 5Aphria warned by Health Canada about ‘noncompliance’ in June
Beleaguered Canadian cannabis giant Aphria was given a noncompliance rating and issued a warning letter by Health Canada in June over “critical” findings discovered in a routine annual inspection.
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