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Financial trouble for proposed marijuana tourism mecca in California town
Arizona-based American Green’s goal of transforming a California ghost town into the “Epcot Center” of marijuana has run into serious turbulence. The company issued a news release revealing that it…
News March 26
Chart: US hemp production soars in 2017
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number…
News March 26
New Zealand hemp industry taking off with new uses, more acres
A hemp education hub opening Saturday in New Zealand comes as the nation prepares for a big uptick in hemp growing because of new rules expanding how the plant can…
News March 23
Arkansas court battle over cannabis grow licenses heating up
Arkansas’ attorney general is appealing a judge’s order that forbids the state to license five companies to grow medical marijuana. Attorney General Leslie Rutledge’s office on Friday filed a notice…
News March 23
Trump signs spending bill that includes medical marijuana protections
It’s official: Medical marijuana companies won’t have to worry about being prosecuted by the federal government for at least another six months. President Donald Trump on Friday signed into law…
News March 23
Louisiana activists seek to expand medical cannabis conditions list
Medical marijuana may be legal in Louisiana, but not for everyone who wants or needs it. That’s a situation some activists are already pushing to fix. They want to add…
News March 23
Chicago voters back recreational marijuana legalization
By an overwhelming margin, Chicago metro area voters told lawmakers they want legal cannabis. In a vote on a nonbinding referendum that asked locals if they want the state to…
News March 23
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
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