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Firm Launches $25M Cannabis Fund

Canna Group, which provides consulting services to the marijuana industry, has launched a $25 million private equity fund that will invest in ancillary businesses that aren’t subject to state regulations. The…

News November 11

Snoop Unveils New Marijuana Product Line

Rapper Snoop Dogg has brought his love of marijuana directly into the industry with a new cannabis product line that includes eight marijuana flower strains, concentrates and edibles. The line,…

News November 10

LeafLine Labs Raises Another $2.5M

One of Minnesota’s two medical cannabis producers has raised another $2.5 million, according to a filing with the U.S. Securities and Exchange Commission. The raise, by LeafLine Labs, comes on…

News November 10
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Potential for Large Patient Pool, Hefty Profits Offsets Onerous Fees in Maryland

By Omar Sacirbey Some of the highest fees in the medical marijuana industry did little to deter scores of entrepreneurs from applying for business licenses in Maryland, suggesting that the state…

News November 10

Canadian Patient Files Complaint After Dispensary Shuttered

A medical marijuana patient in Saskatoon, Canada, has filed a complaint with the Saskatchewan Human Rights Commission after police raided and closed an unlicensed Saskatoon medical marijuana dispensary on Oct. 29.…

News November 9

Tribe Suspending Marijuana Resort Plans, Destroying Crop

If it sounds too good to be true, it usually is. A South Dakota Native American tribe that had announced ambitious plans to open a recreational marijuana resort at its…

News November 9

Hillary Clinton Calls for Rescheduling Marijuana

The predictions are coming true: Cannabis is beginning to play a larger role in presidential politics. Most recently, Democratic frontrunner Hillary Clinton staked out a formal position on federal cannabis reform,…

News November 9
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Chart of the Week: Growth in Medical Cannabis Patient Numbers as Dispensaries Open

By Becky Olson One of the most pressing challenges cannabis executives face in emerging markets is estimating how many new patients will sign up for a medical marijuana program once the first dispensaries open.…

News November 9

Eight IL Dispensaries to Begin Selling MMJ Monday

After a lengthy wait, eight Illinois medical cannabis dispensaries will begin serving customers on Monday morning, effectively launching the state's MMJ market.

News November 6
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