MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Ex-officials at marijuana retail chain Sweet Leaf in jail on felony drug charges
Two former executives of the once high-flying Colorado cannabis company Sweet Leaf have pleaded guilty to felony drug charges and are serving 30-day jail sentences, the alt-weekly Westword newspaper reported. The…
News December 3
280E still applies to marijuana companies, US Tax Court rules
The U.S. Tax Court ruled on a 2½-year-old case in which California-based Harborside had hoped to end 280E's hold over the marijuana industry's profit margins.
News December 3
Cannabis firm Cronos confirms talks for investment by Marlboro maker Altria
Cronos Group - the Ontario, Canada-based cannabis multinational - confirmed it is engaged in discussions with tobacco giant Altria Group about a "potential investment" by the company that produces Marlboro…
News December 3
L.A.-based marijuana firm OG DNA Genetics inks $35 million raise
OG DNA Genetics of Los Angeles has raised a total of $35 million through two initial equity financing deals. The company said it plans to use the proceeds to expand…
News December 3
Multistate cannabis firm Cresco Labs launches trading on CSE
Chicago-based Cresco Labs began trading Monday on the Canadian Securities Exchange, adding its name to the rapidly growing list of U.S.-based firms that are going public in Canada.
News December 3
‘It’s a game changer’: Ontario company prepares Canada’s first outdoor cannabis crop
Ontario-based 48North is laying the groundwork for what would be Canada’s first large-scale outdoor marijuana crop under the Cannabis Act this spring, pending required permits from Health Canada. “With Health…
News December 3
Chart: Where does California’s recreational marijuana supply come from?
While outdoor grows abound in California’s adult-use market, the state’s supply of recreational cannabis is dominated by indoor and greenhouse producers in Santa Barbara and Humboldt counties.
News December 3
Final California marijuana industry rules may not be made public until January
Although California’s final cannabis industry regulations will reportedly be completed Monday, many industry insiders likely won’t be able to read them until January. That may be a disappointment to marijuana…
News November 30
Iowa medical CBD sales set to begin Saturday under cloud of confusion
Iowa's five CBD dispensaries open for business Saturday to serve roughly 1,000 patients in one of the nation's most limited medical cannabis markets.
News November 30
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