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Lebanon weighs medical cannabis laws as Israel drags feet
While cannabis companies in Israel await export approval, neighboring Lebanon is reportedly considering turning to MMJ to improve its economy. Global consulting firm McKinsey & Co. recommended legalizing medical cannabis…
News July 24
‘Breakthrough’ in South Korea as cannabis law gets major backer
A move to legalize medical marijuana in South Korea picked up a key backer, increasing its chances of approval by the end of this year.
News July 24
Recreational marijuana initiative in Oklahoma unlikely to make November ballot
Oklahoma state officials said this week that two marijuana initiatives, including one to legalize recreational cannabis, probably do not have enough time to make the November election ballot. Here are…
News July 24
California cannabis greenhouses catch fire; blaze under investigation
Several cannabis greenhouses caught fire Monday afternoon in central California, leading the company’s 300 employees to evacuate and call authorities for help. The greenhouses are owned by Loudpack Farms, a licensed…
News July 24
Manitoba First Nation lends CA$35M to marijuana retailer
A Manitoba First Nation has agreed to lend $35 million Canadian dollars ($26.6 million) to a Canadian cannabis firm to tap into the country's imminent recreational market.
News July 24
Sweet Leaf granted temporary reprieve from destroying its Denver cannabis
Sweet Leaf, which recently saw its 26 Denver marijuana licenses revoked, doesn’t have to destroy inventory in those facilities – at least not yet. The company won a “stay of…
News July 24
State marijuana reforms could spark tens of millions of dollars in business opportunities
Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting…
News July 24
Seattle-based GRN Funds to provide cannabis banking solutions in Florida
Seattle-based GRN Funds is planning to provide banking services starting Aug. 16 to the Sunshine State’s medical marijuana treatment centers and ancillary marijuana businesses that successfully complete its application process.
News July 23
Marijuana firm LivWell International prepares launch, Canadian exchange listings
Alberta-based 51st Parallel, an affiliate of Denver-based LivWell Enlightened Health, announced a series of transactions Monday that will result in the creation of LivWell International, the companies said in a…
News July 23
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