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$770 million windfall: Canadian marijuana companies see surge in new investments
Canada’s marijuana-related companies collectively raised more than $770 million in the first half of 2017 – a nearly 1,700% increase from a year earlier – as businesses prepare to ramp…
News August 1Massachusetts to fast-track MMJ firms for rec marijuana licenses
Registered medical marijuana businesses in Massachusetts will be expedited through the review process for recreational cannabis licenses in an effort by legislators to sidestep a potential supply shortfall. Lawmakers believe MMJ businesses…
News July 31California lawmakers seek to expedite cannabis rulemaking
In a move to ensure they can meet their January 2018 deadline to establish a new regulatory system for medical and recreational marijuana businesses, California legislators have established an “emergency…
News July 31New Jersey awards state’s final medical marijuana license
Six years and several executive and investor changes later, Harmony Foundation became the sixth and final medical marijuana business in New Jersey to get its cultivation license. The dispensary plans…
News July 31Canada’s Aurora Cannabis moves into hemp via investment deal
Aurora Cannabis Inc. agreed to proceed with its 3.2 million Canadian dollar ($2.5 million) strategic investment in Hempco Food and Fiber Inc., securing a 19.9 percent stake in the Burnaby, British Columbia-based…
News July 31Maryland probes possible ethics violations in MMJ licensing process
Maryland regulators are investigating potential conflicts of interest that occurred during the state’s application process for medical marijuana cultivation, extraction and dispensary licenses, The Washington Post reported. In fact, some…
News July 31Virginia colleges researching uses for industrial hemp
Three universities in Virginia are conducting research on industrial hemp after the state legalized cultivation of the crop for research purposes. Virginia Tech, James Madison University and Virginia State University…
News July 31
Chart: Recreational marijuana stores are clustered in low-income areas of Denver, Seattle
By Eli McVey In Denver and Seattle – two of the largest recreational marijuana markets in the nation – retail cannabis stores are concentrated in low-income neighborhoods throughout each city.
News July 31Manitoba reaches out to cannabis industry to help shape regulations
Manitoba’s government is reaching out to potential cannabis producers and retailers as it considers how marijuana would be produced, distributed and sold in the province when it’s legalized in Canada…
News July 28
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