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Are Florida medical cannabis operators looking to exit the $2 billion market?
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Medical marijuana producer ABcann ready to wheel and deal after CA$30M raise
Licensed medical marijuana producer ABcann Global Corp. has reached a deal to raise 30 million Canadian dollars ($22 million), strengthening its cash position to over CA$70 million. The proceeds of…
News November 27
Canadian cannabis company to pay $1.6M for California dispensary
A Canadian marijuana company has entered into an agreement to buy a privately owned medical cannabis dispensary in California for $1.6 million (CA$2 million), the latest sign that interest in American…
News November 27
Maryland awards more medical marijuana licenses as sales near
With medical marijuana sales expected to begin anytime, Maryland's MMJ commission has awarded more licenses for businesses around the state.
News November 27
Chart: Value of largest Canadian, US marijuana companies
A limited number of medical marijuana producers in Canada, combined with rising patient counts, growing MMJ sales and impending federal legalization of adult use, have enabled the country’s licensed cannabis…
News November 27
Alaska to probe erratic cannabis potency results at state’s labs
A committee will look at issues surrounding the testing of marijuana products amid inconsistency in potency results from Alaska’s two labs, the state’s top marijuana regulator said. However, Erika McConnell,…
News November 24
North Dakota seeks medical marijuana tracking system
The North Dakota health department is accepting requests for proposals for a traceability system to help monitor the state’s impending medical marijuana program. RFPs can be submitted until 3 p.m. CT…
News November 24
Medical cannabis firm sues Florida over licensing delays
A lawsuit has been filed in Florida alleging state officials are "unconstitutionally dragging their feet" on issuing more medical marijuana business permits for the highly competitive program.
News November 24
CA state senator leads charge against large-scale marijuana grows
In an effort to protect smaller-scale cannabis growers that are worried about being forced out of the regulated market by commercial cultivators that will be producing at scale, California state…
News November 24
Massachusetts aims to release recreational cannabis draft rules in December
A Massachusetts commission is planning to make significant headway next month in crafting regulations for the state’s upcoming recreational marijuana industry, with draft rules expected before the end of the…
News November 24
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