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Incoming Luxembourg government plans to legalize recreational marijuana

Luxembourg’s incoming coalition government agreed to include recreational cannabis legalization as part of the group’s policy goals, as the landlocked nation looks to become the first country in Europe to…

News November 29
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Alaska credit union launches pilot program to serve marijuana firms

An Alaska credit union has joined the growing ranks of state-chartered financial institutions to announce plans to serve the legal cannabis industry. Credit Union 1 – a 66-year-old, Anchorage-based business…

News November 29
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US cannabis edibles firm Dixie Brands debuts trading on CSE

Denver-based Dixie Brands began trading Thursday on the Canadian Securities Exchange, joining a rapidly growing list of U.S.-based marijuana firms that have looked north of the border to raise capital…

News November 29
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Mexico approves nation’s first 38 over-the-counter cannabis products

For the first time, Mexico authorities approved cannabis-derived products for sale without prescription in the Latin American nation. Thirty-eight cannabis products authorized by the Mexican Federal Commission for the Protection Against Sanitary…

News November 29
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Arkansas medical marijuana growers aim to have product ready by spring

Two of the businesses licensed by Arkansas to grow medical cannabis say they expect to have product available for dispensaries as soon as April. Arkansas voters approved a constitutional amendment…

News November 29
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Michigan wants to help medical cannabis dispensaries through licensing transition

Michigan is trying to ease newly licensed medical marijuana dispensaries’ concerns that they’ll run out of supply and lose business during the transition to a new, stricter regulatory regime. The…

News November 29
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Challenges – and controversy – swirl around marijuana social equity programs in California

In a bid to reverse the fallout from the war on drugs, California is hoping to bring more minorities and economically disadvantaged individuals into the state’s cannabis industry through so-called…

News November 29
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Multistate marijuana firm Cura Partners inks $75 million private placement

Oregon-based Cura Partners, a multistate cannabis firm, has completed a $75 million private placement. The capital will be used for product development, marketing and expanding operational infrastructure, the company said.…

News November 28
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Bolstered cannabis sales, new stores boost Green Thumb’s Q3 revenue 344%

New store openings and a big boost in organic sales sent Chicago-based Green Thumb Industries’ third-quarter revenues soaring 344% – to $17.2 million – compared to the same period a…

News November 28
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