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Marijuana investment adviser sanctioned for securities fraud

A Colorado-based investment adviser received a cease-and-desist order from state regulators after admitting to securities fraud tied to a cannabis-focused firm he launched in 2016. Charlie Stivers, founder of Aurora-based…

News July 3
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Developing player in cannabis market to invest roughly $10 million in Iowa

An emerging major player in the marijuana industry plans to build a large facility in what might seem an unlikely place: Iowa. The state’s medical marijuana market allows the sale…

News July 3
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Los Angeles to launch long-delayed licensing for marijuana growers

Los Angeles will kick off the process for licensing marijuana cultivators and manufacturers on Aug. 1, but it’s likely to be many months before any of those companies open their…

News July 3
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Here’s how California might enforce violations of marijuana business rules

Now that it's July and new mandated regulations involving packaging and lab testing have kicked in, many licensed companies in California might be wondering what will happen if they're suddenly…

News July 3
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Oklahoma gov is seeking to undermine medical cannabis law, trade group charges

Oklahoma Gov. Mary Fallin has no intention of implementing the state’s new medical marijuana law and is setting the stage for a potential $100 million-plus industry to be stalled in litigation,…

News July 3
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‘Time is running out’ for British Columbia to cash in on multibillion-dollar cannabis market

British Columbia, Canada’s current market leader in the cannabis industry, is dragging its feet on regulations and may lose its competitive advantage.

News July 3
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Arizona dispensaries continue selling marijuana extracts, despite court ruling

Arizona’s medical cannabis businesses will continue selling extracts until a recent court ruling that outlaws concentrates is upheld by the state Supreme Court. That’s according to the Phoenix New Times,…

News July 2
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Cannabis firm 4Front to go public after closing $13.4 million raise

Arizona-based 4Front Holdings is charting a path to go public in Canada following its latest $13.4 million funding round.

News July 2
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Vermont now allows adult-use marijuana, but MJ sales not permitted

Vermont’s recreational marijuana law went into effect July 1 – but sales aren’t allowed, meaning business opportunities are limited to vendors offering consulting services and supplies for home growers. Those…

News July 2
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