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New California gov earmarks more funds for cannabis regulations, enforcement
In his first state budget, California Gov. Gavin Newsom recommended a sharp increase in spending for marijuana regulatory programs. But it’s an open question whether additional funding will be enough…
News January 11Canadian marijuana companies raised landmark CA$12 billion in 2018
Marijuana firms in Canada raised a record 11.96 billion Canadian dollars ($9 billion) last year as they prepared to meet demand in the new adult-use market and grow their medical…
News January 11Missouri receives 200-plus applications for medical marijuana licenses in Week 1
Plenty of entrepreneurs are showing interest in opening medical marijuana businesses in Missouri, a market that experts predict could be favorable to cannabis commerce. The Missouri health department said it…
News January 11Cannabis business takeaways for week ending Jan. 11 (SLIDESHOW)
Unlicensed medical marijuana collectives/co-ops become illegal in California, Denmark approves "bulk" medical cannabis exports, the Oregon cannabis harvest floods the market again, driving prices even lower – plus more important…
News January 11Chinese delegation will visit Israel to explore medical cannabis opportunities
A Chinese delegation from business and research circles is planning to visit Israel in the coming days to explore opportunities in the medical cannabis sector. Cannabis for medical use remains…
News January 10AR approves medical cannabis dispensary scores, advancing licensing process
Arkansas regulators are notifying 32 medical marijuana dispensary license winners statewide, after the Medical Marijuana Commission unanimously approved the final scores produced by an independent evaluator. The top four scores…
News January 10Canadian marijuana industry targets alcohol, mainstream executives to steer growth
Cannabis corporations in Canada are ramping up their drive to hire executives from the alcohol, tobacco and consumer packaged goods (CPG) sectors to help steer aggressive growth strategies. Personnel in…
News January 10Marijuana firm MedMen, top execs face $20 million suit for allegedly breaching duties, enriching selves
Cannabis industry retail giant MedMen Enterprises and its top executives face a $19.8 million lawsuit by an early investor group who charge that senior execs enriched themselves at the expense…
News January 10British Columbia won’t rule out starting own cannabis production scheme ‘in future’
British Columbia says it could consider establishing its own licensing scheme for cannabis production in the future, however the province currently has no plan to take the unprecedented step. “It’s too…
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