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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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After huge cannabis investment, Altria buys $13B stake in vape firm Juul
Two weeks after announcing a major move into the marijuana market with an investment of $1.8 billion in Canadian medical and recreational MJ provider Cronos Group, Marlboro maker Altria revealed…
News December 20
Ascent appeals marijuana license revocation, lays off a third of Canadian staff
Vancouver-based Ascent Industries has appealed Health Canada’s decision to revoke the license of its subsidiary, Agrima Botanicals, after the agency said the marijuana company conducted “unauthorized activities with cannabis.” Ascent…
News December 20
Missouri to start taking medical marijuana business application fees Jan. 5
Missouri health regulators said they will begin accepting license application fees for medical marijuana cultivation, infused product manufacturing and dispensaries on Jan. 5.
News December 20
Tactics used by California cannabis businesses as they transition to new testing requirements
In January, California’s licensed marijuana cultivators and concentrates and infused product manufacturers will be required to test all harvested cannabis and marijuana products under the new so-called Phase 3 rules,…
News December 20
California marijuana industry braces for ‘another enormous burden’ from next phase of testing costs
A new round of regulations in California will cause laboratory testing fees to increase more than 40%-55% for some of the state’s licensed cannabis cultivators as well as makers of…
News December 20
Budweiser maker AB InBev teams with Tilray in $100 million deal to research marijuana-infused drinks
Two commercial giants from the worlds of beer and marijuana are teaming up to spend $100 million to research cannabis-infused beverages, the latest deal to pair a Canadian cannabis company…
News December 19
Florida appeals court delays ruling on major medical cannabis case
A legal case that could further open up Florida’s medical marijuana market to new entrepreneurs and hopeful plant-touching MMJ companies has been put on hold for now by a state appeals…
News December 19
Medical marijuana producer sues New Mexico over infused product rules
New Mexico’s largest medical cannabis producer is suing the state health department over regulations that govern edibles, salves, lotions and other products infused with marijuana. Bernalillo-based Ultra Health contends the…
News December 19
Maryland medical cannabis grower fined for using banned pesticides
The first company to be licensed as a medical marijuana grower in Maryland has been fined and handed a two-year probation for using banned crop-protection pesticides. Nationwide, cannabis cultivators and…
News December 19
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