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The cannabis industry is having a price compression crisis. What’s the solution?
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Denver Post eliminates staff of marijuana news site The Cannabist
At a time when the marijuana industry is booming, The Denver Post is cutting the entire editorial staff of The Cannabist, the first MJ-focused news site operated by a mainstream…
News April 27
Medical cannabis firm AltMed lands $35.4 million to bolster US, international growth
Alternative Medical Enterprises, a multistate medical marijuana producer and dispensary operator, has secured $35.4 million in a private placement financing from a Pennsylvania-based investment group. The massive investment will allow…
News April 27
Lawsuit settled over fiery blast at Oregon marijuana extraction facility
The lawsuit filed by a construction worker who was badly burned after an explosion and fire at an Oregon marijuana extraction facility has been settled. Jacob Magley filed an $8.9…
News April 27
Falling property values behind suit targeting Massachusetts medical cannabis dispensary
Falling property values: That’s why a group of businesses say they are suing a neighboring medical marijuana dispensary in Cambridge, Massachusetts. Boston 25 News reported that Harvard Square business owners claim the…
News April 27
Week in Review: Connecticut medical marijuana hopefuls, PA suit & Florida hits 100,000 patients
Connecticut receives dozens of applications from aspiring medical cannabis entrepreneurs, a Pennsylvania court tosses a lawsuit that could have undone the state’s medical marijuana program, and Florida hits 100,000 MMJ patients.…
News April 27
Organigram’s quarterly earnings rebound, boosted by sales of marijuana oil, flower
Massive sales spikes in cannabis oil and flower boosted both profits and sales for Organigram Holdings, as the Canadian company returned to the black during the latest quarter while it…
News April 26
Applications coming in for Massachusetts recreational cannabis licenses
Massachusetts regulators have received 19 applications for recreational marijuana licenses and more than 150 are in the submission process. The Worcester Business Journal reported that the Cannabis Control Commission has…
News April 26
Recreational marijuana use makes Michigan’s November ballot
A ballot drive to legalize recreational marijuana in Michigan has cleared a key hurdle. The state’s elections board said Thursday that organizers of a ballot drive to legalize adult use…
News April 26
Weathering California’s marijuana transition: Q&A with cultivation expert Kristin Nevedal
In the patchwork world of U.S. cannabis laws, California’s move toward a more highly regulated market is a “rodeo” worth watching, says Kristin Nevedal. The chief compliance officer at SunFed,…
News April 26
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