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Canada’s producers stockpiling cannabis ahead of legalization
One year ahead of adult-use marijuana legalization, Canada’s licensed producers continue to bolster their inventories of cannabis, according to fresh data from Health Canada. Despite the stockpiling, LPs still have…
News September 14Colorado marijuana banker has plans for a national network
By Omar Sacirbey A Colorado-based credit union believes it may have the solution to marijuana businesses’ banking issues, one that it hopes will be available in six states by the…
News September 14Adult marijuana use increasing in US, two studies show
Some fundamentally good news for the American cannabis industry: Adult marijuana use is steadily increasing. That’s according to findings from two different studies – the National Survey on Drug Use…
News September 14Tuatara invests $3.3 million in Colorado cannabis extracts firm
Tuatara Capital, a New York-based canna-centric investment private equity fund, has invested $3.3 million in marijuana extracts company Green Dot Labs. Boulder, Colorado-based Green Dot Labs initially had sought to…
News September 13Green Organic Dutchman seeking to raise CA$20M for expansion
Less than two weeks after securing a 5 million Canadian dollar ($4 million) line of credit, Green Organic Dutchman Holdings is taking steps to raise another CA$20 million through a private placement…
News September 13Deadline looms for businesses to submit comments to FDA on CBD
Producers and retailers of CBD products have a few more days to try to discourage international health regulators from classifying the substance as a psychotropic drug. The U.S. Food and…
News September 13Recreational marijuana business options plentiful in Maine draft bill
A recreational marijuana draft bill crafted by Maine lawmakers would permit the state’s eight licensed medical marijuana dispensaries to apply for a license to sell adult-use cannabis, but they couldn’t sell medical…
News September 13Ottawa signals hands-off stance on provincial rec cannabis plans
Canada’s federal government has indicated it won’t interfere in how provinces decide to regulate distribution, taxation and retail when adult-use marijuana is slated to become legal next summer – regardless…
News September 13Hawaii seeks to limit cash in medical marijuana dispensary sales
Hawaii regulators announced plans to be the first state to conduct marijuana sales without cash, saying they want to avoid robberies and other crimes targeting medical cannabis dispensaries. All of…
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