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Week in Review: Arizona AG ditches anti-hashish stance, MMJ gains in NJ-PA & CA updates proposed cannabis rules
Arizona’s attorney general abandons his bid to make medical cannabis hashish illegal, New Jersey and Pennsylvania report sizable gains in their MMJ patient populations, and California releases its latest draft…
News October 26Marijuana tech firm Metrc gets $50M with help from Snoop Dogg, Tiger Global
Metrc, which operates cannabis seed-to-sale tracking systems in 11 states and Washington DC, raised $50 million to expand its operations with the help of two notable marijuana investors. The funding…
News October 25Alaska regulators weigh increase in license fees for cannabis businesses
Alaska regulators are mulling a hike in marijuana business license fees to bankroll the work needed to regulate the state’s cannabis industry. The Alaska Journal of Commerce reported the state’s Marijuana…
News October 25Poland approves Aurora Cannabis as medical marijuana supplier
Alberta-based Aurora Cannabis said it received the green light to ship medical marijuana to Poland, making the Canadian company "the first nongovernment-run business" to win approval to supply medical marijuana…
News October 25Marijuana company 4Front completes $31 million raise to fund acquisitions, expansion
Multistate cannabis operator 4Front Holdings, which plans to go public in Canada, raised $31 million in a private placement of equity securities – more than double the initial offering of…
News October 25Upstart Ohio medical cannabis firm raises CA$85 million to expand footprint
A young cannabis company headquartered in Columbus, Ohio, raised 85 million Canadian dollars ($65 million) that it will use to expand its operations. Green Growth Brands – whose CEO, Peter Horvath,…
News October 25‘Horrifying’ marijuana sales in British Columbia a wake-up call for regulators
British Columbia’s dismal cannabis sales in the opening hours of legalization should be seen by provincial and federal regulators as a sign to do more to entice illicit players to…
News October 25How 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 25Louisiana 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.…
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