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Why cannabis banking reform alone won’t solve payment processing woes
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New CBD Strain in MN Will Help Company Cut Costs
A new strain of medical marijuana being cultivated in Minnesota has one CEO expecting to be able to slash his company’s prices by up to 10% next year. Kyle Kingsley,…
News December 17
Major Marijuana Research Institute Launches in Czech Republic
Scientific inquiry into marijuana received a big boost this week, courtesy of a new partnership between American and Czech stakeholders.
News December 17WA Marijuana Shop Licenses to Jump 66%
Washington State will boost the number of licenses for cannabis stores by 66% following a recommendation by analysts who have taken a close look at the market. The Washington State Liquor…
News December 17$42M Merger Creates Hemp Juggernaut in Canada
A single company is about to dominate Canada’s thriving hemp-based foods industry. Manitoba Harvest this week acquired Hemp Oil Canada for $42 million, which will give the combined company an…
News December 17
Big win, several losses for cannabis businesses in congressional bill
By John Schroyer A $1.9 trillion federal spending bill that Congress introduced this week represents a mixed bag for the cannabis industry, as it extends some key protections for marijuana businesses but also…
News December 17DOJ Urges Supreme Court to Toss CO Rec Lawsuit
The Obama administration has formally requested that the Supreme Court decline to hear a lawsuit that seeks to overturn Colorado’s three-year-old recreational cannabis law. The attorneys general of Nebraska and Oklahoma filed…
News December 16Infused Products Firm Plans Major U.S., International Expansion
The expansion game continues. Wana Brands, a Colorado-based edibles and extracts company, announced that it is planning to tap new markets via a partnership with Cannabics Pharmaceuticals, a Maryland-based company that…
News December 16Maryland County Wants Out of MMJ Program
Another Maryland county wants to leave the state’s medical marijuana program, and this one is willing to sue to get its way. The Calvert County board voted 4-1 this week…
News December 16
Massachusetts could become major marijuana business hub if legalization succeeds
By Omar Sacirbey If Massachusetts legalizes recreational cannabis next year as some expect, the state could become one of the biggest marijuana markets in the country. Bigger than Colorado and Washington State, even.
News December 16
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