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Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland
A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software…
News June 8Marijuana businesses swarm Colorado’s Sponsor-a-Highway program
Cannabis businesses in Colorado – which are saddled with restrictive advertising rules – are flocking to the state’s Sponsor a Highway program. The program covers 287 miles of highway. Roughly…
News June 7US senators pitch bipartisan bill to resolve cannabis’ legal, banking, tax issues
Democratic Sen. Elizabeth Warren and Republican Sen. Cory Gardner unveiled legislation Thursday that would fully protect state-legal marijuana programs as well as resolve banking and taxation issues dogging the MJ…
News June 7Marijuana Policy Project cuts staff amid funding challenges
The Marijuana Policy Project may be a victim of its own success. The policy advocacy organization has cut its full-time staff by 30%, from 20 employees to 14, because of…
News June 7Marijuana industry banking woes: Here’s how some states are struggling to address them
U.S. cannabis companies are forecast to bring in as much as $10 billion in retail sales this year, according to the Marijuana Business Factbook 2018. But much of that money will…
News June 7Provincial Preview: Manitoba cannabis businesses ‘sitting on perfect storm of opportunity’
The small number of licensed cannabis producers in Manitoba has kept a lid on ancillary opportunities, but that hasn’t stopped them from leveraging the province’s benefits, including a business-friendly recreational…
News June 7Ohio confirms medical marijuana delay; businesses will suffer, but costs unclear
Ohio had set a Sept. 8 deadline to have a fully operational medical marijuana market. But the state confirmed this week what industry observers have predicted for a while: It’s…
News June 6California regulatory reversal: New marijuana delivery rules highlight Eaze’s political pull
New cannabis rules in California released Tuesday highlight again how fractious the state's industry remains.
News June 6MedMen inks $53 million acquisition of Florida cannabis cultivator, dispensary sites
MedMen Enterprises has signed a deal to acquire a Florida-based cultivator and the right to open up to more than two dozen dispensaries across the state. The $53 million deal…
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