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Marijuana-focused firm gets tepid response in NYSE debut

Innovative Industrial Properties became the first marijuana-related company Thursday to trade on the New York Stock Exchange, drawing a lukewarm reception from Wall Street investors. The cannabis-focused real estate investment…

News December 1

New York adds chronic pain to medical cannabis conditions list

New York health regulators took a major step Thursday toward boosting the state’s fledgling medical marijuana industry by adding chronic pain to the list of treatable conditions for MMJ. The state’s…

News December 1

Report: MMJ producers would also supply Canada’s rec program

Canada’s 36 federally licensed medical marijuana producers would become the initial cultivators for the country’s proposed legalized recreational program under a plan delivered to Prime Minister Justin Trudeau, sources told…

News December 1

Scotts Miracle-Gro establishes 80% ownership of home-grow firm

In its latest marijuana-related deal, Scotts Miracle-Gro Co. said it has secured an 80% stake in AeroGrow International, which sells home-growing kits for indoor gardeners. Scotts Miracle-Gro acquired some 21.6 million shares…

News December 1
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Testing, supply issues ‘could be death knell’ for Oregon MJ market

By Omar Sacirbey Strict marijuana testing standards and a dearth of labs have created a supply shortage for Oregon’s marijuana businesses, resulting in half-empty shelves, plunging revenue and possible layoffs.…

News December 1

Trump makes second anti-cannabis Cabinet pick

President-elect Donald Trump has made a second anti-cannabis appointment to his Cabinet, selecting Rep. Tom Price from Georgia to serve as Health and Human Services secretary.

News November 30

Colorado hemp industry moves ahead after seed certification

Colorado’s hemp industry took a major step forward this week when the state’s Department of Agriculture announced that three industrial hemp seed varieties passed a statewide trial that confirmed the…

News November 30

Maine rec legalization recount to begin Monday

A formal recount of Maine's election results on recreational cannabis legalization is set to begin Monday and is expected to take four to six weeks and cost the state up to…

News November 30
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New Market: Humble beginnings expected for North Dakota’s medical marijuana industry

By Bart Schaneman North Dakota’s new medical marijuana market - made possible by the Nov. 8 election - is expected to be one of the smallest in the nation, with…

News November 30
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