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Partial federal hemp ban in effect, court offers lifeline to Illinois THC beverage makers
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Board at marijuana social media giant MassRoots ousts CEO
The board of directors at MassRoots, the cannabis-focused technology and social media giant, has fired CEO and founder Isaac Dietrich amid financial difficulties plaguing the Denver company. The move was…
News October 16Ancillary cannabis business inks $2 million equity deal
Indoor Harvest Corp. (OTCQB: INQD), a Houston-based manufacturer of commercial aeroponic systems that can be used to grow cannabis, signed an investment deal with Tangiers Global for an equity investment of up to $2 million.…
News October 16$20M sale of Pennsylvania MMJ grower, permit is suspended
A Pennsylvania marijuana cultivation business that had put itself on the block for $20 million has pulled the plug on the sale after the state’s governor threatened to revoke the…
News October 16Michigan university offers full-range cannabis degree
A university in Michigan is offering a degree in marijuana that goes beyond simply classes related to cannabis, more evidence that MJ is being recognized as a mainstream industry. Northern Michigan…
News October 16Will Alberta be the first province to endorse private marijuana retail?
Alberta could become the first province in Canada to allow some private sector participation in the sale of recreational cannabis when it unveils its retail framework next week, a move…
News October 16Silicon Valley gets cannabis industry trade group
A pair of former San Jose city employees has launched the Silicon Valley Cannabis Alliance, a trade group that will serve marijuana businesses in Santa Clara, San Mateo and San…
News October 16Wisconsin lawmakers to vote on hemp farming bill this week
A Wisconsin legislative committee is set to vote on a bill this week that would allow farmers in the state to grow hemp and join surrounding states with hemp laws.…
News October 16Chart: 42% of marijuana business owners plan to expand into new markets
By Eli McVey Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey.…
News October 16Virginia official signals state plans to boost hemp program
Virginia is looking to boost its small hemp program next year to compete with larger producers of the plant such as North Carolina and Kentucky. Virginia Agriculture Commissioner Basil I.…
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