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Colorado marijuana sales break another record, hit $1.5 billion in 2017
Despite falling marijuana prices, annual sales in one of America’s oldest regulated recreational cannabis markets have yet to plateau and instead continue to break records. Colorado’s marijuana stores rang up a…
News February 12
New disclosure rules open door to fresh funding, M&As for Canadian cannabis companies in US
The flow of financing and acquisitions involving cross-border marijuana companies is expected to pick up after new risk-disclosure rules were unveiled last week that provide greater clarity for Canadian companies with U.S.…
News February 12
Ontario marijuana monopoly picks Shopify to process sales
Ontario’s government-run provincial cannabis retailer will use Shopify’s software platform to process recreational marijuana sales online and in brick-and-mortar stores. Shopify is an e-commerce company based in Ontario. It is…
News February 12
Wisconsin tribe sues state for delaying CBD production
A Wisconsin tribe planning to produce hemp-derived CBD is suing the state because enforcement authorities say a new hemp law doesn’t necessarily clear the St. Croix Chippewa to start making…
News February 12
Massachusetts DAs ask regulators to nix home delivery, cannabis cafes
District attorneys are asking Massachusetts marijuana regulators to hold off on the licensing of certain types of businesses, including so-called cannabis cafes and home delivery services. In a letter to…
News February 12
Illinois appeals judge’s decision to add pain to medical marijuana conditions list
The Illinois Department of Public Health has appealed a decision to add severe pain as a qualifying condition for medical marijuana in a case that could greatly expand access to…
News February 12
Chart: More banks serving cannabis sector, but Cole Memo repeal threatens to slow progress
The number of banks and credit unions actively serving the marijuana industry has jumped nearly 30% from a year ago. But U.S. Attorney General Jeff Sessions’ decision to repeal the…
News February 12
Denver gets second cannabis consumption application; first candidate awaits decision
Denver is finally seeing some movement on the public marijuana consumption front. The city's first applicant for a cannabis consumption license had a hearing Friday with Denver regulators, and a…
News February 9
Two medical marijuana dispensaries open in Baltimore
Baltimore’s first two medical marijuana dispensaries have opened their doors. Maggie’s in Hampden became the first dispensary to begin sales in Maryland’s largest city when it opened Jan. 31, and Pure…
News February 9
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