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Forget the DEA and DOJ: When cannabis legalization happens, these are the feds to worry about
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Too much of a good thing in Oregon as cannabis businesses adapt to flooded market
There's one major pain point for Oregon marijuana business owners that eclipses all others: a supply glut caused by too much cannabis and insufficient demand. The surplus of wholesale cannabis…
News August 8
Medical cannabis firm Vireo Health raises $16 million, plans to go public in Canada
Minneapolis-based Vireo Health raised $16 million ahead of its plans to take the company public in Canada. The firm completed a private placement of more than 357,000 of its Series…
News August 7
Regulators prohibit new medical marijuana dispensary licenses in Billings, Montana
The Montana state health department said it won't allow new medical marijuana dispensary licenses in Billings, the state's largest city.
News August 7
Oklahoma governor approves less restrictive medical cannabis rules
Gov. Mary Fallin signed off this week on the do-over in Oklahoma’s emergency medical marijuana regulations – rules that revert to more business-friendly MMJ provisions. They: Permit sales of smokable…
News August 7
Marijuana firm GrowForce closes CA$38M raise ahead of public markets debut
Toronto-based GrowForce Holdings has closed a funding round of 38 million Canadian dollars ($29.1 million) as the firm prepares to go public later this quarter.
News August 7
Florida judge shoots down state cap on medical marijuana businesses
A Florida judge ruled that the state law restricting the number of medical marijuana businesses runs counter to a voter-approved constitutional amendment, a decision that could have far-reaching implications for…
News August 7
California Marijuana Notebook: More industry shrinkage may be on the way
Anyone who’s actively involved in the California marijuana space can tell you the one overriding theme of 2018 thus far has been confusion. There are far more questions than answers…
News August 7
CA county sends hundreds of cease-and-desist letters to unlicensed cannabis farms
California’s Humboldt County is taking more steps to crack down on its still-thriving underground marijuana market, having sent about 330 cease-and-desist letters to locals it believes may be growing without…
News August 6
Medical marijuana firm lands $65M funding led by Wrigley chewing gum heir
Medical marijuana firm Surterra Wellness is poised for expansion following a $65 million funding round, led by William “Beau” Wrigley Jr.
News August 6
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