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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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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
Cannabis company Terra Tech sued for alleged theft, deceptive finances
A businesswoman in Reno, Nevada, is suing Terra Tech, accusing the California-based, vertically integrated marijuana company and various defendants connected to the firm of alleged theft, stock manipulation and filing false reports…
News December 17
Suit aims to keep CA highway patrol from assisting federal marijuana enforcement
A class action lawsuit filed in San Francisco County Superior Court is asking a California judge to block the state’s highway patrol from seizing and turning over cash and other assets from…
News December 17
French scientific committee recommends expanding medical marijuana program
A temporary scientific committee launched by the French National Agency for the Safety of Medicines and Health Products (ANSM) has recommended that medical marijuana be authorized – five years after…
News December 17
NY gov wants to legalize adult-use cannabis in 2019, creating $1.7 billion market
New York Gov. Andrew Cuomo said he’d like to see the legalization of adult-use marijuana in the state early next year, which could create a $1.7 billion market, generate significant new…
News December 17
Pesticides spur MA medical marijuana retail closures; 700 batches failed CA testing
Cannabis cultivators, product manufacturers, retailers and laboratories coast-to-coast are facing closure, failed mandatory tests and increased scrutiny from regulators over pesticide concerns. In Massachusetts, the state’s health department ordered medical…
News December 17
Judge orders cannabis firm Sweet Leaf co-owners to pay $8.8 million for unpaid rent
A Denver court issued an $8.8 million judgment against the owners of the once-thriving Colorado marijuana chain Sweet Leaf for unpaid rent, late fees and interest in breaching four commercial leases in…
News December 17
Chart: 2018 Farm Bill addresses major pain points for hemp industry
Several major hurdles undermining hemp cultivators’ ability to run successful, profitable businesses are set to crumble once President Donald Trump signs the 2018 Farm Bill.
News December 17
New Jersey lawmakers delay action on adult-use marijuana until 2019
New Jersey lawmakers won’t vote on legalizing adult-use marijuana before the end of the year after failing to reach a compromise deal. The failure likely means that legalization won’t be…
News December 14
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