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Canadian firm to manage, but not buy, Florida MMJ company
Although a proposed deal for a Canadian medical marijuana company to purchase one of Florida’s MMJ licensees apparently has fallen through, another deal has taken its place. DFMMJ Investment LLC,…
News May 24New rules in store for Washington state cannabis businesses
New rules in Washington state will allow existing marijuana retail license holders to increase their number of sales outlets to five from three. According to the Denver Post, that and…
News May 24Judge recommends Florida issue two new medical marijuana licenses
A Florida judge issued a ruling recommending that the state’s health department issue two new licenses for the state’s CBD-focused medical marijuana program, saying the pair’s original applications were rejected…
News May 24Vermont governor vetoes recreational cannabis use bill
Vermont Gov. Phil Scott vetoed legislation Wednesday that would have legalized consumption and home cultivation of recreational marijuana, dashing hopes the state would be the first in the nation to…
News May 24Oregon marijuana regulations about to undergo major changes
Oregon medical marijuana growers and processors could soon have direct access to the burgeoning adult-use market under a bill that aims to move MMJ under the purview of the regulatory agency that…
News May 24
A $200M day: Two investors reveal big plans to fund marijuana businesses
By Bart Schaneman A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable…
News May 24Prominent VC firm backs cannabis breathalyzer startup
A Silicon Valley venture capital firm with a successful track record in the tech industry announced that it’s throwing considerable finances behind a California startup that’s aiming to bring a…
News May 23Florida marijuana advocate Morgan poised to invest $100M in industry
Florida marijuana advocate and wealthy attorney John Morgan said he’s ready to invest $100 million of his own money in the cannabis industry. Presented “the right opportunities,” Morgan said, it’s…
News May 23California company plans to invest $100 million in cannabis sector
StarGreen Capital – a new subsidiary of a Southern California-based real estate investment firm – said Tuesday it plans to invest $100 million in California’s medical and recreational marijuana industries…
News May 23
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