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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Weekly Deal Watch: Need for scale fuels US cannabis consolidation
Marijuana firms are looking at unique deals and new markets to build scale and raise funds for future growth.
News November 28
Maryland’s medical marijuana program is rapidly developing
Maryland’s medical marijuana patient pool is growing at a quick rate, providing increased revenue and opportunities for the state’s MMJ businesses. The head of the Maryland Medical Cannabis Commission (MMCC)…
News November 27
Sunniva acquires California-based cannabis distributor
Vancouver, British Columbia-based Sunniva (Canadian Securities Exchange: SNN) has acquired LTYR Logistics, a California-based cannabis distribution company in a stock deal valued at 7.9 million Canadian dollars ($5.9 million). LTYR…
News November 27
MI sets recreational marijuana legalization date, will take business apps in late 2019
Possession and adult use of marijuana will be legal in Michigan starting Dec. 6, but the launch of what is expected to be a billion-dollar-plus commercial industry is still more…
News November 27
Turmoil at Canadian marijuana producer after license revoked
The senior leadership of a British Columbia marijuana company abruptly resigned after Health Canada said it planned to revoke the production and dealer licenses of its subsidiary over “unauthorized activities…
News November 27
The entourage effect: Is it a legitimate theory worth marketing by cannabis companies?
Many marijuana and terpene enthusiasts believe the unique effects of individual plants are the result of different cannabinoids - most notably THC - working in concert with other cannabinoids and…
News November 27
New Jersey legislative committees advance adult-use cannabis legislation
New Jersey took a big step Monday toward becoming the latest state to legalize recreational marijuana when separate panels in the Senate and the Assembly approved identical legislation and sent…
News November 26
South Korea Legislature passes medical cannabis law, first in East Asia
South Korea is looking to become the first country in East Asia to legalize medical cannabis, marking a significant milestone in the global industry and a potential turning point in…
News November 26
Business associates arrested in California over marijuana murder-for-hire plot
Three California cannabis business insiders have been arrested and charged over an alleged plot to kidnap and assassinate a fourth business associate in a cannabis deal gone sour. The defendants –…
News November 26
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