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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Alaska adds marijuana testing facility in state’s underserved interior
Alaska regulators approved the license for the first cannabis testing facility in interior Alaska, and the lab is expected to open next month in Fairbanks. Having a testing facility there…
News August 20
Wells Fargo closes account of Florida candidate who backs medical cannabis
In an election-year example of banks’ reluctance to affiliate with the cannabis industry, Wells Fargo terminated the campaign account of a Florida agriculture commissioner candidate because she supports medical marijuana. The…
News August 20
Third marijuana product recall in California – this one due to alcohol content
A third licensed California cannabis business, Venice Cookie Company, has initiated a voluntary recall, the third known recall since more stringent marijuana product testing standards went into effect July 1.…
News August 20
PA medical cannabis growers/processors on pace for $5M in sales in first year
Pennsylvania’s medical marijuana sales began in February 2018, and according to the latest tax revenue data, the state’s 12 growers and processors are estimated to have sold slightly more than $1.2…
News August 20
Chart: Consumption habits changing in Canada’s booming medical marijuana market
The number of medical marijuana patients in Canada skyrocketed in recent months, and patterns of consumption are evolving as the market grows. The latest data from Health Canada shows patient…
News August 20
Cannabis retailers share secrets on how to keep customers coming back
Whether it’s shopping for groceries or cannabis, everybody loves getting a good deal. That’s why loyalty programs - whether they come from your local grocery store or your neighborhood marijuana…
News August 20
California decides against state-chartered banking for marijuana industry
California lawmakers shelved a plan that would have allowed private banks to handle the money being generated by the legal cannabis industry. The proposal was put on ice after a legislative…
News August 17
Ohio licenses two processors, two testing labs in medical cannabis buildup
In a move to ramp up Ohio's medical marijuana program, state regulators have issued provisional licenses to two additional cannabis processors and two more testing labs.
News August 17
Arkansas picks Boston firm to rank medical marijuana applicants
Arkansas picked a Boston-based consultant to grade the 200-plus applications submitted for the state’s first medical marijuana dispensary licenses. The Arkansas Medical Marijuana Commission decided to outsource dispensary license scoring…
News August 17
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