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Partial federal hemp ban in effect, court offers lifeline to Illinois THC beverage makers
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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 2DOJ: Marijuana businesses can’t seek bankruptcy protection
Cannabis business owners cannot turn to federal bankruptcy courts when they land in financial hot water, a U.S. Department of Justice official reaffirmed. Cliff White, director of the DOJ’s U.S. Trustee…
News May 2Medical cannabis businesses get breathing room after Congress extends key protections
By Bart Schaneman Congress' decision to pass a $1.1 trillion spending bill that includes key protections for legal medical marijuana businesses is a clear sign the federal government will take…
News May 2Mexico close to legalizing low-THC medical cannabis program
Mexico moved closer to legalizing the use and sale of medical marijuana with a low-THC level when the government’s lower house passed a bill that now goes to the country’s…
News May 1Congress keeps medical marijuana protections in budget deal
Congress unveiled a $1.1 trillion spending bill Monday that includes a provision to extend key protections for state-licensed medical marijuana businesses through the end of September. The MMJ amendment has…
News May 1New York medical cannabis businesses sue to limit licensees
A majority of New York’s medical marijuana companies are suing to stop the state Department of Health from awarding new licenses, saying the competition could damage an industry that is operating…
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