MJBizDaily
Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Study shows depth of Oregon’s cannabis glut, illegal transport
A new report on Oregon’s marijuana industry sheds more light on the massive oversupply there and the huge illegal trade across state lines, issues that need to be addressed immediately,…
News August 6
Marijuana REIT investing $13 million in Michigan MMJ grow facility
Innovative Industrial Properties, a San Diego real estate investment trust (REIT) serving the medical marijuana industry, is spending $13 million to acquire and lease out a property in Michigan slated…
News August 3
Ohio awards seven provisional medical cannabis processing licenses
Ohio regulators on Friday awarded seven provisional medical marijuana processing licenses, and six more potential licensees are pending tax and background checks. The state, which received 104 processing applications, is…
News August 3
Border concerns have chilling effect on Canada’s marijuana industry
Reports that some Canadian cannabis professionals have been turned away from the U.S. and received lifetime bans due are having a chilling effect across the industry.
News August 3
Nevada’s first year of recreational marijuana sales surpasses expectations
Nevada regulators and industry insiders say the state’s first year of broad cannabis legalization exceeded even their highest estimations, with sales and tax collections already surpassing year-end projections by 25%.…
News August 3
High Hampton expands California marijuana holdings with $8.1 million deal
Toronto-based High Hampton Holdings continued to grow its California presence with the acquisition an edibles maker for $8.1 million.
News August 3
Week in Review: California marijuana recalls, MA diversity issues & Detroit limits MMJ facilities
Two voluntary marijuana product recalls occur in California, financial hurdles stymie diversity in Massachusetts’ recreational MJ industry, and Detroit caps the number of medical cannabis licenses at 75. Here’s a…
News August 3
New York group chosen to draft bill that would regulate recreational marijuana market
New York Gov. Andrew Cuomo appointed a task force to draft recreational marijuana legislation which, if eventually enacted, would position the state to have potentially one of the largest adult-use cannabis…
News August 2
Cannabis companies spend big on lobbying at California Capitol
Marijuana-related companies in California spent a sizable $455,000 on lobbying efforts in Sacramento in just the second quarter of 2018, a telltale sign of how the regulatory situation is still…
News August 2
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