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Canadian cannabis firms raise CA$2 billion to fuel growth

Canada’s medical cannabis companies have raised 2 billion Canadian dollars ($1.57 billion) in capital this year to tap overseas opportunities and build out domestic capacity ahead of legalization. While independent investment…

News April 6
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New Mexico medical marijuana patient count swells amid supply squeeze

New Mexico's medical cannabis patient count has topped the 50,000 mark, but limits on the number of plants a business can grow is putting a strain on supply and causing…

News April 6
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Oregon county officials sue state over cannabis farms

Officials in an Oregon county who have tried to restrict commercial marijuana production sued the state in federal court, asserting state laws that made cannabis legal are pre-empted by federal…

News April 6
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Week in Review: Illinois’ MMJ banking, Massachusetts’ rec licensing & Florida lawsuit

An Illinois bank stops serving Illinois medical marijuana businesses, Massachusetts begins its recreational cannabis licensing process, and a Florida MMJ company takes the state to court.

News April 6
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Malta legalizes marijuana prescriptions; production law nears approval

Malta recently became the latest country to legalize medical cannabis prescriptions, and a separate law to permit production is within months of final approval.

News April 5
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High Times acquires cannabis news site

Hoping to expand its online presence, High Times magazine has acquired a 3-year-old marijuana news website. The iconic cannabis culture magazine acquired Green Rush Daily, a website that receives more…

News April 5
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Marijuana Policy Project launches national search for executive director

A prominent national cannabis reform organization, the Marijuana Policy Project, has begun a search for a new executive director. MPP’s current interim director, Matthew Schweich, will remain on the job…

News April 5
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California testing labs expect marijuana ‘bottleneck’ in July

Marijuana testing labs are going to be the gatekeepers for California’s legal cannabis industry come July 1, when only lab-tested products may be sold by licensed retailers. And that means…

News April 5
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MJBizDaily launches website dedicated to hemp coverage

As the hemp industry grows in the United States and around the globe, so too does Marijuana Business Daily’s coverage of it. We’ve launched a new website, Hemp Industry Daily,…

News April 4
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