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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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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
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
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
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
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
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
MPP chief sees several more recreational marijuana states in next few years
Steven Hawkins, who is now three months in as the executive director of the Marijuana Policy Project (MPP), said in a telephone interview with Marijuana Business Daily that he sees opportunities…
News November 28
Draft medical marijuana law in Thailand breezes through key hurdle
A draft bill to legalize medical cannabis in Thailand breezed through a key hurdle in the National Legislative Assembly when 145 lawmakers voted to advance the proposed law.
News November 28
Sales booming at Massachusetts recreational cannabis stores
About a week after opening, sales are going strong at the first two businesses in Massachusetts allowed to sell recreational marijuana. The two stores sold more than $2.2 million worth…
News November 28
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