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Medical cannabis producer Cronos taps major bank for planned CA$100M stock sale
Licensed producer Cronos Group is looking to raise up to 100 million Canadian dollars ($78 million) in what would be only the second equity financing between one of Canada's biggest…
News March 23
Week in Review: MedMen-Cronos alliance, California MJ business licensing & Arkansas’ MMJ woes
MedMen strikes up a cannabis partnership with Canada’s Cronos Group, California’s Humboldt County considers reopening its licensing process, and a judge tells Arkansas to stop issuing medical marijuana licenses. Here’s…
News March 23
Michigan rejects first medical marijuana business license applicants
No medical marijuana businesses received approval Thursday in Michigan’s first review of applications. According to the Detroit Free Press, an applicant for a dispensary license and an applicant for a…
News March 22
Indiana approves CBD for all, ending months of retailer confusion
Indiana’s long-simmering CBD confusion ended with the state’s governor signing a law clarifying that all CBD products are legal as long as they come from hemp and contain low amounts of…
News March 22Pennsylvania to add medical cannabis business licenses in Phase 2 rollout
One of the hottest new U.S. medical marijuana markets just opened up to more businesses. Pennsylvania’s Department of Health announced Thursday it will begin accepting new applications for dispensaries and…
News March 22
Marijuana monopoly ‘detrimental’ to legalization objective, says think tank
Ontario's plan to lock private owners out of the retail recreational marijuana market may run counter to the nation's objective for legalization, according to a new analysis of the province's…
News March 22
Massachusetts’ recreational marijuana market offers opportunities, pitfalls aplenty
Massachusetts’ looming recreational marijuana market has the potential to be one of the most prosperous in the nation. Under rules finalized this month, cannabis entrepreneurs face no license caps for…
News March 22
Maine’s largest hemp grower eyes blueberry plant for processing site
The largest hemp cultivator in Maine has identified a former blueberry processing plant as its future extraction site. Future Farm Maine – a subsidiary of Vancouver, British Columbia-based Future Farm…
News March 22
New federal budget bill includes medical marijuana protections
A key federal law that prohibits the Department of Justice from using federal funds to prosecute medical marijuana companies looks likely to remain in place under a new federal budget…
News March 22
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