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Canadian MMJ Producer Announces $5M Equity Deal

One of Canada’s few licensed medical marijuana producers, Aurora Cannabis, said it has secured a $5 million equity investment from a New York-based investment firm, Alumina Partners The deal calls for…

News June 6
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Chart of the Week: Snapshot of Increased Investment Activity in the Marijuana Industry

By Marijuana Business Daily staff The cannabis industry is becoming increasingly attractive to investors, who are pumping more money than ever into marijuana companies. One indication of the increased activity: In 2015,…

News June 6

AZ Judge: State Should Consider Parkinson’s Patients for MMJ

Arizona’s medical marijuana market – already one of the largest in the country – could get even bigger after a judge ruled the state improperly rejected a hearing into whether patients with…

News June 3

$500K of medical marijuana oil missing in Minnesota

Minnesota authorities are probing whether one of the state’s two licensed medical marijuana producers illegally shipped $500,000 worth of MMJ oil to a sister company in New York. The company in question, Minnesota Medical…

News June 3
marijuana news

Week in Review: IL expanding medical cannabis, OR milestone & CA MMJ revamp

Illinois moves to give its medical marijuana industry a boost, Oregon marks a milestone in its adult-use cannabis industry, and California lawmakers embark on a revamp of the state's MMJ market.

News June 3

CA Bills Would Create New MMJ Grower License, Expand Regs

The California State Assembly has approved two medical marijuana-related bills, including one that would create a new type of license for MMJ “micro farmers” and another that addresses a host a…

News June 2

Arizona Announces New MJ Dispensary Application Details

Arizona announced it will accept applications from July 18-29 for its new round of licensing for medical cannabis dispensaries, a move that will increase the number of dispensaries in the state…

News June 2

OR market for edibles, infused products opens

Thursday is a big day for the cannabis industry in Oregon, where medical marijuana dispensaries for the first time can now sell edibles and other THC-infused products legally to anyone 21…

News June 2
cannabis taxes

Possible landmark marijuana tax trial starts Monday

By John Schroyer Henry Wykowski scored a big victory for the cannabis industry last month after the Department of Justice dropped its case against one of his clients, California-based Harborside Health…

News June 2
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