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Fearing cannibalization, beer companies ask Canada for higher cannabis taxes
Canada’s beer industry is expressing concern that the recreational marijuana market is going to cut into its profits, and it wants the government to raise the proposed tax to level…
News May 16Lawsuit alleges California cannabis tech firm Eaze broke US law with marketing solicitations
One of the biggest facilitators of marijuana deliveries in California faces a possible class-action lawsuit that one Bay Area attorney says could threaten the company’s existence. Farrah Williams, of San…
News May 16New Jersey’s medical marijuana patient count could reach 50,000, regulator says
New Jersey is expecting to at least double its medical cannabis patient registration, from about 20,000 to 40,000 or even 50,000, the state's health commissioner said Tuesday.
News May 15Chicago-based cannabis firm GTI plans to go public in Canada
Green Thumb Industries, a Chicago-based cannabis grower and dispensary operator, released its plans to go public in Canada’s booming marijuana market. The multistate company has signed a letter of intent…
News May 15Marijuana firm iAnthus lands $50 million investment
Multistate cannabis firm iAnthus secured a $50 million investment from Gotham Green Partners, a marijuana-focused private equity firm based in New York.
News May 15Four state marijuana ballot initiatives likely on tap in 2018, with Oklahoma first up
If 2016 signaled a high-water mark for state ballot initiatives to legalize cannabis, then this year portends a slow, but steady, flow. A medical marijuana measure will go before Oklahoma…
News May 15Four marijuana firms to form multinational company, continuing industry consolidation
Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada merging to launch a multinational company with combined revenue forecast to total more…
News May 15Thailand set to unveil medical cannabis law
A draft law to greatly expand medical cannabis regulations in Thailand is expected to be unveiled this week, a move that executives say will open the door to potentially millions…
News May 15Eight Pennsylvania colleges get OK to study medical marijuana
Pennsylvania on Monday unveiled eight universities that will be allowed to research medical marijuana, a potential boon for an industry where cannabis study is extremely limited.
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