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How investing in cannabis worker training boosts operators’ margins
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Weekly Deal Watch: Brand development, scale drive cannabis dollars
Cannabis firms have raised more than $13.7 billion in 2018 as U.S.-based operators work to grow their domestic footprints and Canadian cannabis companies consider international opportunities.
News December 19
Philippines president withdraws support for medical marijuana law
A proposed medical marijuana law in the Philippines died in the Senate after President Rodrigo Duterte had a change of heart and withdrew his support.
News December 18
Canadian medical cannabis firm Tilray eyes global reach in deal with Novartis subsidiary
British Columbia-based Tilray reached an agreement with a subsidiary of Swiss pharmaceutical giant Novartis AG in which the Canadian firm’s medical marijuana will eventually be produced and distributed in countries…
News December 18
More medical cannabis dispensary permits approved by Pennsylvania
Pennsylvania is giving out another 23 permits to sell medical marijuana through dispensaries for an MMJ program that opened for business last February. The state Department of Health said the…
News December 18
Arkansas delays licensing of medical marijuana dispensaries
Arkansas will wait until early next year to award the first dispensary licenses, the state’s Medical Marijuana Commission announced. Here’s what you need to know: The panel had planned to…
News December 18
New Zealand sets ‘binding’ cannabis legalization referendum
A week after approving medical marijuana, New Zealand’s government announced that a binding referendum on ending cannabis prohibition will be held alongside the general election in 2020. If the prohibition…
News December 18
Ohio regulators to receive $2.1 million to cover medical cannabis legal fees
Ohio’s medical marijuana regulatory agencies have been approved for a $2.1 million loan to help cover legal fees. The $2.1 million, approved by the state’s Controlling Board, is needed to…
News December 18
New Jersey increases number of medical marijuana dispensaries to a dozen
New Jersey regulators doubled the number of medical marijuana dispensaries that can operate in the state, adding six more for a total of 12. The move could help alleviate a…
News December 18
How Florida’s $250M medical cannabis market could open up to new businesses in 2019
Florida’s $250 million medical marijuana market is poised to swing its doors open to new companies next year after two judicial rulings in recent months that could reshape the competitive…
News December 18
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