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Possible Massachusetts recreational marijuana license delay shouldn’t slow sales launch
The Massachusetts Cannabis Control Commission is allowed by state law to start issuing recreational marijuana business licenses June 1, but the agency’s top regulator suggested the first permits probably won’t be…
News May 31Five reasons why lighting giant Osram’s acquisition of Fluence is a big deal for cannabis
One of the cannabis industry’s largest lighting solutions suppliers, Austin, Texas-based Fluence Bioengineering was recently acquired by Osram, a $4.1 billion firm based in Munich, Germany. The deal may signal…
News May 31Southern Africa becomes magnet for Canadian medical cannabis investments
Canada's largest medical cannabis companies are ponying up tens of millions of dollars to get a piece of Southern Africa's burgeoning MMJ market. Some of the country's largest players - including…
News May 30California marijuana vape pen maker to expand into Nevada
The interstate expansion race continues in the cannabis industry, with the latest participant being California-based Bloom Farms, a longtime vape pen and cartridge maker. The Oakland company has expanded into…
News May 30Fierce, last-minute attempt fails to keep medical cannabis measure off Utah ballot
An initiative to legalize medical marijuana in Utah has been certified for the November ballot. And it comes after a well-funded opposition effort fell just short of persuading enough people to…
News May 30California marijuana dispensary fined $40K for insufficient cancer warnings
The local district attorney’s office in Santa Rosa, California, fined an 11-year-old medical cannabis dispensary $40,000 for failing to adhere to state-required warnings about potentially cancer-causing substances, which include marijuana.…
News May 30Key California marijuana bills face June 1 hurdle at state Capitol
The California marijuana industry suffered a significant setback in the statehouse last week when a bill to reduce a statewide excise tax died in committee.
News May 30What cannabis investors should know about MedMen’s Canadian trading debut
Los Angeles-based MedMen is the latest U.S. cannabis company to go public in Canada as more firms hustle to raise the capital needed to stay ahead in the green rush.The…
News May 30Cultivation applicants in Canada soar, but cannabis shortage looms
The number of applicants to cultivate cannabis in Canada rose 150% in the first quarter of 2018 as the industry ramps up for legalization late this summer.
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