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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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High marijuana taxes could give California’s black market new life
A report from a credit rating agency suggests that California’s high tax rates on marijuana – which could reach 45% depending on local taxes – may result in an ongoing…
News October 30North Dakota is looking for more hemp farmers
North Dakota’s Agriculture Department is seeking participants for the third year of the state’s industrial hemp research program. The goal of the program is to determine whether hemp can be…
News October 30Montel Williams’ suit seeks to protect image vs. CBD scams
Television talk-show host and medical marijuana activist Montel Williams is suing several Arizona-based companies for wrongly using his name and image in alleged CBD scams. The lawsuit, filed in U.S.…
News October 30Alcohol giant buys $190M stake in Canadian cannabis company
One of the biggest alcohol businesses in the world is entering into a strategic relationship with one of the largest medical marijuana companies on the globe, a move that could…
News October 30MedMen seeks $250 million raise for marijuana private equity fund
Marijuana management firm MedMen is aiming to raise $250 million to invest in cannabis businesses in the California, Nevada and New York markets. The fund, called MedMen Opportunity Fund II,…
News October 30
Chart: Canadian marijuana producers bolster inventories ahead of recreational cannabis legalization
By Eli McVey With Canada’s recreational marijuana market set to launch next summer, the country’s licensed medical cannabis producers are shoring up their inventories in anticipation of an eventual supply…
News October 30Michigan medical cannabis license hopefuls lining up days in advance
Medical marijuana business permits in Michigan are already appearing to be a hot commodity. So hot, in fact, that hopeful licensees are willing to wait for days in freezing temperatures…
News October 27New Jersey may add five more medical marijuana conditions
New Jersey’s proposed addition of five conditions that can be treated with medical marijuana could expand the program’s patient pool and, in turn, lead to increased sales for the handful of…
News October 27University to study medical cannabis as opioid alternative
On the same day that President Donald Trump labeled opioid-related deaths a “national health emergency,” word spread that the University of Florida Health will study the medical benefits of cannabis as…
News October 27
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