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New mayors alliance aims to advocate nationally for state-legal marijuana programs
A group of mayors has formed a coalition to push for marijuana reform at the national level, including provisions that would allow banks to work with state-legal MJ businesses. The…
News June 11Colorado law will now allow CBD prescriptions
Colorado's governor has signed into a law a bill to allows physicians to prescribe CBD medicines that have been approved by the U.S. Food and Drug Administration. The FDA's ruling…
News June 11Michigan medical marijuana license applicants must wait another month
Seventeen medical cannabis companies that were supposed to get news on Monday about their state license applications in Michigan will have to wait another month, along with many more that…
News June 11Chart: Timeline for launch, projected sales in seven new marijuana markets
More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and…
News June 11President Trump says he ‘probably’ would support states’ rights cannabis bill
President Donald Trump told reporters Friday he “probably” would support legislation that would allow states to decide for themselves whether marijuana should be legal.
News June 8Colorado gov’s veto could drive marijuana businesses out of state, officials warn
After Colorado Gov. John Hickenlooper quashed a bill that would have allowed publicly traded companies to invest in the state's marijuana industry, local cannabis companies are threatening to move to…
News June 8Canada’s Senate passes cannabis bill; industry ‘deeply concerned’ with amendments
Canada’s marijuana industry hailed the passage of the recreational cannabis legalization bill by the Senate, but industry executives are concerned about some of the amendments. The bill was approved by…
News June 8Marijuana venture fund Phyto Partners closes $14 million raise
Phyto Partners, a cannabis-focused venture capital fund, has closed its second fund – raising $14 million from a group of limited partners. Based in Boca Raton, Florida, Phyto has already…
News June 8Labor shortage, rising wages could strike Canada’s cannabis sector in late 2018
Marijuana companies could face a tight labor market and rising wages as businesses in this fast-growing industry compete for skilled workers after legalization takes effect, according to a new salary…
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