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Jamaica’s central bank asked to solve cannabis banking issues

Jamaica has asked its central bank to find a solution to banking issues that are tripping up development of the country’s medical cannabis industry. Daryl Vaz, minister without portfolio in…

News April 18
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Oregon marijuana oversupply driving out small farmers, lowering prices

Oregon cannabis farmers grew three times the amount of product consumers purchased last year, small cultivation operations are going out of business and dispensaries across the state are closing up…

News April 18
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Stock-based compensation drives up MassRoots’ red ink to $44M in 2017

Turmoil-plagued marijuana tech company MassRoots suffered a $44.3 million loss in 2017, a large portion of which can be attributed to $22 million in stock-based compensation the company handed out…

News April 18
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Why the US needs federal marijuana reform: Q&A with Congressman Tom Garrett

U.S. Rep. Tom Garrett isn’t the most likely congressional member to embrace federal marijuana reform. The first-term Republican is from a state – Virginia – that has yet to legalize…

News April 18
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Aurora to build Alberta marijuana production facility with eye on exports

One of Canada’s top licensed producers unveiled plans for its largest cultivation facility, with a “significant proportion” of the new production slated to address a “massive” supply shortfall for medical…

News April 18
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How marijuana business owners, organized labor can live in peace

Cannabis business owners increasingly must confront a workplace reality that mainstream companies have faced for generations: organized labor. Front and center is the United Food and Commercial Workers union, which…

News April 18
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Scotts to buy hydroponic distributor for $450M, boosting cannabis reach

Scotts Miracle-Gro said it agreed to buy the nation’s largest hydroponic distributor for $450 million, a deal that will bolster the U.S. lawn and garden care giant’s position in the ancillary…

News April 17
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New Orleans medical marijuana pharmacy gets green light

There was a come-from-behind win in the race for New Orleans’ first medical marijuana dispensing license Tuesday, when H&W Drug Store was awarded the lone license to dispense MMJ in…

News April 17
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Medical cannabis won’t make South Dakota ballot

Supporters of legalizing medical marijuana in South Dakota have failed to bring the matter to a public vote. A petition to put medical marijuana on the ballot for the state’s…

News April 17
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