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Partial federal hemp ban in effect, court offers lifeline to Illinois THC beverage makers
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Marijuana REIT to invest up to $15M in Maryland cultivation site
Innovative Industrial Properties, a cannabis-focused real estate investment trust (REIT), said it has agreed to purchase a partially developed property in Capitol Heights, Maryland, and plans to invest up to $15 million…
News May 5
Week in Review: New York medical cannabis lawsuit, Vermont MMJ expansion & Texas’ preliminary CBD licensees
By Omar Sacirbey, Bart Schaneman and John Schroyer New York medical marijuana dispensaries file suit to prevent new competitors, Vermont lawmakers approve expanding the state’s MMJ program, and Texas awards…
News May 5BioTrackTHC wins Delaware medical marijuana tech contract
Florida-based BioTrackTHC has won a state contract with the Delaware Department of Health and Social Services to implement a seed-to-sale inventory tracking system, as it has already done in several…
News May 4Ohio cannabis firms can turn to insurer for surety bonds
Entrepreneurs applying for medical marijuana business licenses in Ohio – but worried about having the financial cushion required by state law – can tap a source that’s typically not considered a…
News May 4Uruguay 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
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