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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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MassRoots’ net loss widens, but cash reserves grow
MassRoots saw its red ink double in the third quarter, though the cannabis-focused social media network’s cash reserves were substantially higher than the previous three-month period. According to the company’s…
News November 14Florida MMJ businesses can only watch as 50K try to join lagging program
More than 50,000 patients have attempted to register for medical cannabis ID cards in Florida, but it appears many are being forced to wait months before receiving those cards. According…
News November 14Marijuana producer MedReleaf inks stock deal to raise CA$60M
MedReleaf reached a stock-purchase agreement to raise 60 million Canadian dollars ($47 million) to finance the acquisition or construction of marijuana production and manufacturing facilities in Canada and overseas. MedReleaf…
News November 14
Michigan capital to start medical cannabis licensing Nov. 16
Michigan’s capital city of Lansing will open a 30-day window to apply for a license to run a medical marijuana dispensary on Nov. 16. The Lansing clerk’s office said 20…
News November 14
San Diego County’s only licensed marijuana grower to double production
With an expected boost in demand on the horizon, San Diego County’s only licensed cannabis grower plans to increase his farm’s output from 1,000 pounds in 2017 to at least…
News November 14
New US recreational marijuana markets – one year later
The recreational marijuana industry had a big year in 2016, when voters in four states - California, Maine, Massachusetts and Nevada - approved sales of adult-use cannabis. But one year…
News November 14
Hemp State Highlight: North Dakota growing lots of hemp, but market potential is limited
Few states are growing more hemp than North Dakota. With more than 3,000 acres in active hemp production and an unparalleled system for getting viable, certified seeds to interested growers,…
News November 14
Washington state cannabis businesses get help with tracking system transition
The majority of license holders in Washington state have turned to BioTrackTHC's Universal Cannabis System as a stopgap measure while the industry operates without a state-sanctioned seed-to-sale framework.
News November 13
Adding tax to Canada’s MMJ draws ire of industry, patients
Licensed medical marijuana producers and patients groups are urging the Canadian government to reconsider its plan to impose an extra tax on MMJ. Ottawa wants to levy an excise tax on…
News November 13
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