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Reporter’s California Notebook: Recreational marijuana companies overwhelmed during new market launch
Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing the historic, Jan. 1 launch of the state’s recreational marijuana market.
News January 9
Saskatchewan gives cannabis rec sales and wholesale to private sector
Saskatchewan’s adult-use marijuana will be sold in private brick-and-mortar stores and online, the government announced, giving entrepreneurs in the cannabis space more opportunities when sales begin this summer. Saskatchewan is…
News January 8
Rhode Island considering medical marijuana deliveries
Fearful of how recreational legalization in neighboring Massachusetts could affect their businesses, Rhode Island’s three medical marijuana dispensaries are pushing state regulators to allow them to start delivering to their…
News January 8
Canadian cannabis companies with US operations must disclose risks
An exchange in Canada dominated by marijuana stocks has asked listed companies with U.S. operations to publicly detail any risks they face after Attorney General Jeff Sessions’ decision to scrap protections…
News January 8
Sessions’ move could slow cannabis investment money, but analysts doubt long-term impact
News that federal prosecutors have wider discretion to enforce federal drug law could put at least a temporary damper on investment money flowing into the U.S. cannabis sector, but analysts doubt…
News January 8
Michigan agencies increase medical marijuana enforcement
Law-enforcement agencies across Michigan are using excess state revenue from medical marijuana patient and caregiver fees to boost enforcement efforts as the state prepares to license dispensaries and cannabis businesses…
News January 8
Indiana apologizes to 50 businesses cited for selling CBD
Indiana authorities are apologizing to about 50 businesses after regulators erroneously cited them for selling illegal CBD products. The letters were sent despite assurances by state officials that the store owners…
News January 8
Aurora strikes deal to raise up to CA$230 million; buys Green Organic Dutchman stake
Licensed medical marijuana producer Aurora Cannabis is looking to raise up to 230 million Canadian dollars ($185 million), a sum CEO Terry Booth called “the largest bought deal financing” to date…
News January 8
Chart: Marijuana stocks stumble, then rebound after Sessions announcement
Marijuana stock investors are wagering that Jeff Sessions’ bark will be bigger than his bite. U.S. and Canadian cannabis stocks briefly tumbled after the U.S. attorney general’s blockbuster decision last week to…
News January 8
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