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How California’s local elections could expand cannabis business opportunities
The biggest bottleneck to the development and expansion of the legal cannabis industry across California has been local governments banning commercial marijuana companies. That roadblock could morph into more of…
News October 25
Louisiana medical marijuana sales delayed by lack of testing lab
A failure to find an independent testing lab will delay medical marijuana sales in Louisiana at least until January, roughly two months after the market was originally anticipated to launch.…
News October 24
CIBC: Marijuana legalization a ‘global trend that is merely getting started’
Canadian cannabis businesses would be among the first to capitalize if any other major country takes a meaningful step toward legalization, according to a new report from CIBC World Markets,…
News October 24
Pennsylvania tops 80,000 medical cannabis patient registrations
Pennsylvania’s medical marijuana patient count continues to surge, boding well for MMJ sales. More than 80,000 patients have registered for the program since the state registry was launched in October…
News October 24
Weekly Deal Watch: Cannabis firms hustle to expand, raise capital to support growth
Strong distribution networks are critical for future growth in the U.S. cannabis market - and firms are willing to invest in growing their networks.
News October 24
Arizona AG retracts bid to make extracts illegal for medical marijuana patients
Arizona Attorney General Mark Brnovich has withdrawn his request asking the state Supreme Court to declare medical marijuana hashish and cannabis extracts illegal for MMJ patients. His reversal could help ease the…
News October 24
Growers: Western marijuana prices are down amid strong harvest, despite high demand
The marijuana harvest is underway and growers in several western states are reporting a bumper crop, but it’s coming at a time when supplies already are abundant and MJ prices are…
News October 24
Report: Constellation to sell off wine brands, focus on cannabis, beer
One of the world's largest alcohol producers, Constellation Brands, plans to shed some of its U.S.-based wine portfolio as part of a strategic shift to beer and marijuana products, according…
News October 23
Marijuana vape firm Pax Labs raises $20M but seeks to avoid VC dependence
San Francisco-based Pax Labs has closed a $20 million funding round, Bloomberg reported. CEO Bharat Vasan told the news outlet that the company wanted to keep the investment small to…
News October 23
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