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Oregon Power Providers Point Finger at Cannabis Grows

A pair of Oregon power companies say that legal indoor marijuana cultivation businesses are taking Oregon’s electrical grid above capacity and are behind several transformer blowouts over the last year. Now,…

News November 6

NY Cannabis Real Estate Company Lands $25 Million

Kalyx Development, a Manhattan real estate company that leases properties to indoor cannabis growers and also provides consulting services for property renovations, announced Friday that it has closed a $25…

News November 6

Privateer CEO: U.S. marijuana legalization coming in 2-3 years

Brendan Kennedy, the CEO of Seattle-based private equity firm Privateer Holdings, predicted at an Ireland tech summit this week that marijuana will be legalized at the federal level in the…

News November 6
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Week in Review: Florida CBD, Ohio Marijuana Bill & Colorado Edibles Recall

By John Schroyer and Omar Sacirbey Florida experiences another CBD setback, Ohio’s marijuana measure could result in a stagnant year for legalization, and two more companies issue edibles recalls in Colorado. Here’s a closer…

News November 6

Minnesota Panel Opposes Adding Pain to MMJ List

Minnesota’s two medical cannabis producers received a dose of bad news this week. A state panel tasked with looking into whether or not intractable pain should be added to the qualifying…

News November 5

Colorado City Giving Hemp Firm $5M in Incentives

The city of Pueblo, Colorado, is giving an upstart company a package of incentives worth $4.89 million to buy equipment and transform a long-shuttered former Boeing plant into a large CBD and hemp…

News November 5

Wholesale Cannabis Platform Closes $750K Funding Round

A new online cannabis wholesale platform scheduled to launch in the first quarter of next year announced that it has closed a $750,000 round of funding. LeafLink, which is based…

News November 5

Mexican Supreme Court Sides With Marijuana

Cannabis reform efforts just took a big step forward in Mexico, which  eventually could lead to a new market for marijuana entrepreneurs. The Mexican Supreme Court stated in a ruling this…

News November 5
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Cannabis Social Network Clears First Hurdle to Nasdaq Listing

By Omar Sacirbey A fast-growing social network for marijuana users is entering a key phase in its quest to get listed on the Nasdaq, which would mark a groundbreaking development for…

News November 5
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