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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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WA tells marijuana edibles makers to end output of gummies, hard candies
Washington state regulators ordered local edibles makers to cease production of cannabis-infused gummies and hard candies, warning they might appeal to children. The unexpected decision dealt a major blow to…
News October 4
Vicious battle erupts over plans for $100M cannabis grow facility in Massachusetts
A Central Massachusetts farmer is embroiled in a bitter fight with the local community over plans to sell his property for construction of a $100 million marijuana cultivation facility. Nathan Benjamin…
News October 4
IHeartMedia to invest up to $10 million in marijuana publisher High Times
The nation's largest radio broadcaster, IHeartMedia, has agreed to invest up to $10 million in the publisher of High Times magazine, giving the marijuana company access to the media firm's…
News October 4
On cusp of legalization, Canadian cannabis stockpiles hit record
Licensed producers of marijuana in Canada have stored away a record amount of cannabis in the months leading up to legalization, yet analysts still anticipate a significant shortage after initial…
News October 4
California marijuana growers optimistic while seeking paths around slew of obstacles
California’s cannabis cultivation market is a maze of farms that run the gamut from cottage growers with a few dozen plants to commercial-sized industrial operations. That also means the scope…
News October 4
Judge reinstates medical cannabis license pulled by Montana health department
A Montana district judge ruled that the state improperly revoked a Billings medical marijuana provider’s license by not giving the dispensary owner time to correct violations. Yellowstone County District Judge…
News October 3
Phoenix City Council shoots down “ambush-style” medical marijuana tax
Phoenix’s City Council on Tuesday unanimously killed a proposed medical marijuana tax that would have cost some MMJ businesses more than $1 million a year. The proposed tax became public…
News October 3
MedMen inks dispensary deal to enter Illinois medical cannabis market
Los Angeles-based MedMen announced its second acquisition of the week to expand its national footprint – this time into the Illinois medical marijuana market. The multistate marijuana business agreed to acquire Seven…
News October 3
License suspension ‘stark reminder’ for Canadian marijuana companies
A licensed producer was suspended by Health Canada for the first time in four years, a sign that the government agency is keeping a closer eye on companies for potential violations…
News October 3
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