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California marijuana company plans $200 million campus in New York
Ahead of New York’s anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution…
News January 14
Legal cannabis could skim $55 billion per year from alcohol, tobacco firms
Global alcohol and tobacco companies could face losses of $55 billion a year if a fully legal cannabis industry develops in North America, a new report predicts, a key driver for…
News January 14
West Virginia AG: Banks risk defying fed law when serving medical cannabis firms
West Virginia’s financial institutions face risks when providing banking services to medical marijuana businesses because cannabis is illegal under federal law, the state’s attorney general, Patrick Morrisey, wrote in a…
News January 14
Cannabis Trade Federation hires 15 DC lobbyists to push for US marijuana law reform
A relatively new marijuana trade association is aggressively targeting federal cannabis law reform. According to The Hill, the Cannabis Trade Federation (CTF) hired 15 lobbyists to work in Washington DC to…
News January 14
In Canada, a macro wait for micro licenses in cannabis
Small-scale cannabis growers in Canada are facing such burdensome licensing regulations that fewer than 30 such applications have been made to Health Canada since legalization in October.
News January 14
Chart: Multistate cannabis operators rapidly expanding into new markets
The fragmented, state-by-state nature of the marijuana industry historically has been dominated by small, local players, but larger, publicly traded companies with multistate operations are becoming an increasingly prevalent force.
News January 14
First cultivator begins growing medical marijuana in Arkansas
An Arkansas cultivation company has planted the first crop of medical cannabis and growing is underway, a sign that the market’s long-delayed launch may be approaching. According to Arkansas TV stations…
News January 11
CEO of Canadian cannabis giant Aphria out amid short attack, hostile takeover bid
The chief executive officer of one of the biggest cannabis companies in North America plans to depart as the company continues to fend off a short attack and separate hostile…
News January 11
MA marijuana regulators seek to end towns’ excessive demands on MJ firms
The Massachusetts Cannabis Control Commission is asking the state Legislature for more authority to halt excessive financial agreements between marijuana businesses and the municipalities in which they operate. Marijuana firms…
News January 11
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