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Washington state’s fledgling hemp program gets lifeline from legislators
Budget writers in Washington state’s House and Senate have restored money to oversee hemp, potentially ending uncertainty after the governor proposed cutting funding for the state’s hemp production program. The hemp…
News February 26
Chart: Canada fueling explosive growth in global marijuana industry funding
Investment activity in the cannabis industry has been increasing for several years, but 2018 is on pace to shatter previous records, as global financing in marijuana-related businesses topped $1.4 billion…
News February 26
Cronos lists on Nasdaq, as US gets first ‘pure play’ marijuana stock on major exchange
A Canadian marijuana company will become the first “pure play” cannabis listing on a major U.S. stock market, an important milestone for the cannabis industry. Cronos Group, one of Canada’s…
News February 26
California green lights surety bond program for state’s cannabis industry
California has approved its first insurer to provide surety bonds for marijuana businesses in the state. According to the Insurance Journal, Mayfield, Ohio-based Continental Heritage Insurance Co. has passed muster with…
News February 26
Marijuana industry goes to court to force Israeli government to permit MMJ exports
The marijuana industry is fighting a high-stakes court battle to force the Israeli government to approve medical cannabis exports sooner rather than later. The decision by industry advocates to go…
News February 25
Study: Marijuana use in Canada doubled in 30-year span
Cannabis use among Canadians 15 years and older increased more than twofold between 1985 and 2015, according to new data released this week by Statistics Canada, indicating that the potential…
News February 23
Pennsylvania misses hemp target, but expansion still coming
Response to Pennsylvania’s plan to expand hemp production has been lower than state officials anticipated. The state set an ambitious goal for increasing hemp production this year by offering more…
News February 23
CannTrust gets initial OK to list on Toronto Stock Exchange
CannTrust Holdings is set to become the first marijuana company to graduate to Canada’s senior stock market since listing requirements were clarified for companies with U.S. assets. The Toronto Stock Exchange…
News February 23
Viridian: Investment money pouring into cannabis industry
Investors pumped $1.23 billion into the legal marijuana industry during the first five weeks of 2018, nearly matching the $1.29 billion in investments in all of 2016. The $1.23 billion…
News February 23
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