MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Exclusive: Report finds Washington state rushed into launching marijuana tracking system, fixes needed
An independent report commissioned by Washington marijuana regulators found the state and MJ Freeway were forced to rush out a new cannabis seed-to-sale traceability system earlier this year despite technical…
News October 5
Cresco Labs closes $100 million raise, draws institutional investors to cannabis industry
Chicago-based marijuana firm Cresco Labs closed a $100 million funding round that attracted institutional investors, a notable milestone for cannabis finance in the United States. The raise represents the second-largest…
News October 5
More CA enforcement: 250 grows targeted, 614,000 marijuana plants seized
In California, a 39-county sting operation at 250 illegal cannabis cultivation sites resulted in the arrest of 52 people and the seizure of more than 614,000 plants, authorities said Thursday.…
News October 5
First medical cannabis plants harvested in Ohio; sales still delayed
Some of Ohio’s medical marijuana growers are harvesting the state’s first legal marijuana, but sales are still a ways off for this potential $400 million market. According to the Cincinnati…
News October 5
Oklahoma names health official to oversee state’s medical marijuana program
Oklahoma health officials appointed an internal candidate to head up the state’s new Medical Marijuana Authority. Oklahoma State Department of Health Interim Commissioner Tom Bates announced Thursday that Adrienne Rollins…
News October 5
Colorado cannabis biotech snags $10 million for expansion
Marijuana biotech firm Front Range Biosciences announced Thursday it secured $10 million in private funding to accelerate production in California, Canada and Colorado. The company, based in Lafayette, Colorado, said…
News October 5
Week in Review: California’s cannabis social equity move, US attorney’s marijuana threat & lawmakers’ bid for more MJ growers
California approves a law to boost participation among minorities and those less well off in the marijuana industry, Colorado’s U.S. attorney threatens to crack down on licensed cannabis businesses that…
News October 5
Compromise reached on establishing medical marijuana program in Utah
Medical marijuana appears headed for Utah after a grand compromise was hammered out by parties involved in the contentious debate over MMJ. A medical cannabis legalization initiative still will appear…
News October 4
Massachusetts gives final OK to first two recreational cannabis shops
Massachusetts regulators issued final licenses to two recreational marijuana shop operators, a move that puts the state closer to a much-delayed program launch. The Cannabis Control Commission on Thursday voted…
News October 4
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