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Canadian marijuana companies opening wallets to tap California market

A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world's largest…

News January 18
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Canadian-listed marijuana company buys Florida MMJ license holder for $48M

A New York-based marijuana investment company used cash and its Canadian-listed shares to fund a $48 million acquisition of a licensed medical marijuana business in Florida. iAnthus Capital Holdings, an investor…

News January 17
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Nevada closes in on permanent cannabis rules, but growers unhappy

After a contentious public comment session, Nevada’s marijuana regulators voted to make permanent most of the temporary rules that allowed the state to get an early start on its recreational cannabis…

News January 17
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Crowdfunding effort nets CA$6.2M for Canadian hemp, marijuana company

A new crowdfunding method aimed at smaller investors helped a Canadian cannabis company raise 6.2 million Canadian dollars ($4.1 million). True Leaf Medicine, a company in Vernon, British Columbia, that makes…

News January 17
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Maine delays cannabis social clubs until 2023

In another setback for Maine’s recreational marijuana industry, a legalization panel has voted to delay marijuana social clubs until 2023. The Marijuana Legalization Implementation Committee voted 5-1 to stall social…

News January 17
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Judge orders Illinois to add intractable pain as a medical marijuana condition

An Illinois judge has ruled the state must add intractable pain to the list of medical marijuana qualifying conditions, a move that could greatly expand sales at the program’s 53 dispensaries.…

News January 17
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Starting up, scaling and moving on: Q&A with cannabis pioneer Tripp Keber

Tripp Keber took many by surprise in December when he stepped down as CEO of Denver-based Dixie Brands, one of the most successful multistate companies in the marijuana industry. His decision to…

News January 17
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19 attorneys general urge Congress to give cannabis states access to banking

A letter to 10 major congressional leaders from 19 attorneys general asks Congress to push through legislation that would allow states with medical or recreational marijuana laws to bank as other business…

News January 16
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Prince Edward Island taps marijuana growers; will use government-owned shops

Prince Edward Island has tapped three licensed producers to supply it with marijuana, while the province plans to sell adult-use cannabis products through four government-owned stores when sales are legalized this…

News January 16
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