MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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OR county gets grant to battle marijuana growers harvesting more than license limits
An Oregon county’s sheriff’s office will use state grant money to go after legal growers that harvest more than their license allows as well as black-market marijuana producers. The nearly…
News September 17Calgary looks to develop Canada’s first cannabis business hub
Alberta’s most populous city is throwing its doors open to the cannabis industry, designating part of a massive industrial park as a cannabis business “hub.” “We recognize the opportunity the cannabis industry…
News September 17Chart: Alaska’s recreational cannabis market strong, but seasonal sales swings a challenge for MJ businesses
Alaska’s summer tourism season has produced the strongest months on record for wholesale marijuana sales, but MJ businesses are still adapting to the cyclical nature of the state’s adult-use market.…
News September 17Ohio to strip license from medical cannabis grower
Ohio plans to revoke the license of a medical marijuana cultivator that has made little progress in building its facility in Toledo. The business, OhiGrow, which won a Level 2…
News September 14Marijuana company Curaleaf looking for $4 billion valuation
Massachusetts-based Curaleaf, a vertically integrated cannabis company, is seeking a valuation of up to $4 billion. According to Bloomberg, the company entered into a reverse takeover when Canada’s Lead Ventures…
News September 14Longtime head of California cannabis growers group steps down to head new MJ venture
Hezekiah Allen has been a staple of marijuana lobbying in Sacramento, California, for more than four years as head of the Emerald Growers Association and then the renamed California Growers…
News September 14Massachusetts credit union says it will serve recreational marijuana businesses
Recreational and medical marijuana businesses in Massachusetts can look forward to having access to banking services after a credit union announced it is willing to serve them. The GFA Federal…
News September 14Judge nixes Michigan’s plan to close 98 medical cannabis businesses
A judge on Thursday issued an injunction preventing Michigan from closing 98 medical marijuana facilities as planned on Sept. 15. The ruling by Michigan Court of Claims Judge Stephen Borrello…
News September 14Week in Review: MJardin’s reverse takeover, California’s marijuana testing woes & Alaskans’ taste for high-THC goods
MJardin becomes the latest U.S. cannabis company to go public in Canada through a reverse takeover, nearly 20% of marijuana products in California fail tests for potency and purity, and…
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