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Forget the DEA and DOJ: When cannabis legalization happens, these are the feds to worry about
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California cannabis tech firm Treez closes $11.5 million funding round
Treez, an ancillary cannabis tech company based in Oakland, California, raised $11.5 million to help fund its expansion. The company offers a point-of-sale software system that currently serves more than 100 MJ…
News September 10
Aurora Cannabis to acquire Uruguay-based ICC Labs for CA$290 million
Aurora Cannabis has agreed to acquire Uruguayan marijuana producer ICC Labs in a deal valued at 290 million Canadian dollars ($220 million) and would establish the Alberta-based company as a…
News September 10
As expected, Ohio misses deadline for medical marijuana rollout
Ohio blew past Saturday’s deadline for rolling out its potential $400 million medical cannabis program, but many in the industry are confident better days are coming soon. It’s not uncommon…
News September 10
Chart: Dominant player emerging for state cannabis seed-to-sale tracking contracts
Businesses that provide seed-to-sale tracking systems to the marijuana industry operate in an intensely competitive environment, but one company appears to be pulling away from the pack with its recent…
News September 10
Cannabis legislation in Ontario expected in late September
Ontario’s Progressive Conservative government is expected to introduce legislation in late September to regulate the recreational cannabis industry, according to multiple sources with knowledge of the matter.
News September 8
L.A. crackdown: 105 unlicensed cannabis firms, 500-plus people targeted
Los Angeles prosecutors have filed misdemeanor charges against 515 people in a clampdown on 105 illegal marijuana businesses in the city – a move that could benefit legal MJ companies…
News September 7
Nevada marijuana business faces flurry of financial fraud suits
CWNevada, one of Nevada’s largest cannabis companies, has been sued for alleged fraud, failure to repay millions of dollars to its lenders and misusing intellectual property. “While local and national…
News September 7
FL cannabis lobbyist turned political candidate sees second bank account shut
A second bank has terminated the campaign account of Nikki Fried, a pro-medical marijuana Democrat who is running to become Florida’s agriculture commissioner. Fried said the bank, BB&T of Winston-Salem,…
News September 7
Former North Dakota AG leads new group opposing legalized marijuana
As North Dakota voters look to decide whether to approve adult-use cannabis in the state’s November general election, opposition is mounting. Former North Dakota Attorney General Bob Wefald is reportedly leading…
News September 7
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