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New York Medical Marijuana Companies in the Red

New York’s medical cannabis companies are struggling to turn a profit, according to a new report from the Albany Times Union. That’s not a total surprise, given how slow the…

News August 8

Ohio Towns Move to Block Medical Cannabis Businesses

Several Ohio municipalities are moving to block marijuana businesses from opening within their borders as the state moves forward with its medical cannabis program. A few cities have put six-month moratoriums…

News August 8

Canadian MJ companies raise tens of millions in financing

Within the span of a week and a half, a trio of Canadian medical cannabis producers announced they had all raised seven-figure amounts to expand their businesses. First it was…

News August 8

Pennsylvania Hires Health Care Exec to Lead MMJ Program

Pennsylvania has tapped a health care veteran – John J. Collins – to head its new medical marijuana program, a possible sign the state wants to make its program more…

News August 8
cannabis election 2016

Chart of the Week: Many marijuana businesses unsure if they’ll donate to 2016 legalization efforts

By Eli McVey Some marijuana businesses are ramping up donations to legalization efforts ahead of what promises to be a historic election for the industry, but many are still weighing…

News August 8

Scotts Miracle-Gro’s cannabis play boosts stock price

Marijuana appears to be lifting Scotts Miracle-Gro’s stocks to new highs. On Thursday, a day after the Ohio-based lawn care giant announced that it had shelled out $40 million to buy Botanicare,…

News August 5

Illinois MMJ Cultivators Now Allowed to Host Reporters

Illinois medical marijuana regulators today lifted an unusual prohibition on media outlets visiting the state’s cultivation facilities, a move growers hope will allow them to better educate patients and the public…

News August 5

Canna-Centric Software Company Nets $1.6 Million in Seed Funding

Baker, a Denver-based customer-engagement software company for marijuana dispensaries and edibles brands, announced on Friday it has landed $1.6 million in seed funding. The funding round was led by Michael…

News August 5

Washington Tribe Expanding Cannabis Business Interests

The Puyallup Tribe of Washington State is entering almost uncharted business territory: Having already opened a testing lab, it will now start growing and selling medical cannabis to members of its own…

News August 5
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