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How cannabis businesses should act after the DEA marijuana rescheduling hearings
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Uruguay readies for launch of rec marijuana program
Uruguay this week took the final step needed to launch its legal recreational marijuana program. Sixty-five post offices across Uruguay began accepting registrations from prospective cannabis buyers on Tuesday, the…
News May 4
California draft MMJ rules offer opportunities for firms big and small as well as investors
By Bart Schaneman Proposed rules governing California’s free-wheeling medical marijuana market could entice entrepreneurs large and small to set up shop in the state and encourage cannabis investors to open their checkbooks…
News May 4Deal extends Canadian medical cannabis grower’s footprint west
Canopy Growth, already one of Canada’s biggest licensed medical marijuana producers, finalized its purchase of rTrees Products, a move that extends Canopy’s cultivation operations into the western reaches of the country.…
News May 3Three firms win preliminary licenses under Texas CBD program
Three companies won preliminary approval from Texas regulators to receive licenses to dispense CBD-based medicine with a low THC content in the state. Cansortium Texas, Compassionate Cultivation and Surterra Texas…
News May 3Australia receives first marijuana oil imports
CanniMed Therapeutics, a Canadian federally licensed medical marijuana producer, said it delivered the first commercial shipment of cannabis oil to Australia and has received an additional order for more product.…
News May 3
Canada’s recreational marijuana market expected to help, not hurt, US businesses
By Omar Sacirbey Marijuana business owners and investors in the United States aren't viewing Canada's looming legalization of recreational marijuana as a potential competitive threat. Rather, they see it as…
News May 3Vermont to expand medical cannabis program
Vermont lawmakers have approved a modest expansion to the state’s medical marijuana program, permitting dispensaries to open more locations and expanding the list of medical conditions treatable with MMJ. The House gave…
News May 2Colorado marijuana retailers fined more than $680K last year
The Colorado Department of Revenue's Marijuana Enforcement Division collected at least $683,500 in fines last year from marijuana retailers, including a number that allegedly duped the state's seed-to-sale tracking system.
News May 2Cannabis-based biopharma firm Teewinot raises $12 million
Teewinot Life Sciences - a Florida company that develops synthetic, cannabinoid-based medical therapies - raised $12.3 million in a Series B funding that attracted strong investor interest.
News May 2
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