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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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California city approves massive marijuana facility
A Southern California town has approved a 489,000-square-foot medical marijuana cultivation and production facility that would make it one of the largest in the U.S. marijuana industry. The facility is…
News October 11Aurora Cannabis strikes stock deal to raise CA$60 million
Aurora Cannabis reached a stock-purchase deal to raise another 60 million Canadian dollars ($50 million) to fund its domestic and international expansion initiatives, bringing its new financing so far this year…
News October 11Obama-era attorney general blasts Jeff Sessions over cannabis views
A U.S. attorney general under President Barack Obama laid into the nation’s current top law enforcement official and said that current AG Jeff Sessions has an “almost obsession with marijuana.” Eric…
News October 11
‘We lost it all’: Puerto Rico medical marijuana businesses assess hurricane damage
By Bart Schaneman Hurricane Maria devastated Puerto Rico’s medical marijuana industry, setting back its development at least six months – if not much longer – and causing millions of dollars…
News October 11
5 business takeaways from Target’s flip-flop on selling CBD products
Target Corp. sent shockwaves through the marijuana industry last month when the retail giant quietly started selling CBD products, despite federal drug authorities repeatedly saying the cannabis compound is illegal. But…
News October 11California wildfires could adversely affect legal marijuana crops
Wildfires raging in Northern California could have a serious impact on the state’s legal outdoor marijuana harvest, much of which would supply the January launch of recreational cannabis sales. Across a number…
News October 10Michigan offers to educate potential MMJ business owners
Michigan’s top licensing agency has scheduled five meetings next month to designed for entrepreneurs who are interested in breaking into the state’s medical marijuana industry. The Michigan Department of Licensing and…
News October 10Arkansas accountants cleared to do work for medical marijuana firms
Accountants in Arkansas have been given the green light to provide professional services to medical marijuana businesses, making Arkansas one of the few states where accountancy regulators have given clear…
News October 10Dutch government eyes regulated cannabis production
The Netherlands’ new cabinet plans to sanction experiments that would change the country’s model of where and how legal cannabis is sold. According to RTL News, up to 10 municipalities may…
News October 10
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