MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Marijuana firm Invictus to spin off vape subsidiary in move to tap US, global markets
Canadian cannabis producer Invictus plans to spin off wholly owned subsidiary Poda Technologies as it looks to tap into U.S. and global business opportunities. The Vancouver-based firm, which trades on…
News August 21
DEA to up amount of medical cannabis grown for federal research
The Drug Enforcement Administration took steps to dramatically increase the amount of cannabis that can legally be grown in the United States, a shift potentially signaling that the federal agency intends…
News August 21
Latest financials raise new questions about future of marijuana tech firm MassRoots
The future of Denver-based MassRoots remains in peril, due to continued multimillion-dollar losses, massively shrinking sales and insufficient cash.
News August 21
California judge temporarily blocks county from destroying marijuana farm’s plants
California cannabis growers looking to challenge code enforcement abatement orders in San Luis Obispo County are closely watching a case in which a state judge issued a 30-day stay of…
News August 21
New Mexico revokes license of medical cannabis company
A New Mexico medical marijuana producer with dispensaries in Las Cruces and Albuquerque is reportedly the first in the state to have its license revoked for allegedly falsifying audits to the…
News August 21
Recreational marijuana fails to make Oklahoma ballot for November
An effort to place recreational cannabis on Oklahoma’s ballot in November has fallen more than 20,000 signatures short, Oklahoma state officials reported. A count by the Secretary of State’s office determined…
News August 21
Looking to enter Europe’s medical cannabis market? Here are some factors to consider
While there are a lot of predictions about the direction of the EU cannabis market, one thing is certain: A fair share of marijuana will be crossing multiple European borders…
News August 21
Potential $325M-$425M Michigan medical marijuana market braces for more turmoil
Michigan’s medical marijuana industry is girding itself for a heap of disorder – including possible product shortages and revenue losses to the black market – unless state regulators approve many…
News August 21
Class action suit filed on behalf of cannabis growers in California county
A class action lawsuit was filed in an attempt to win back roughly $16 million in taxes and fees paid to a California county by cannabis growers that were hoping…
News August 20
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