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Virginia fines hemp businesses nearly $11 million for violating rules

Authorities in Virginia levied $10.77 million in fines on almost 350 businesses across the state for violating rules restricting intoxicating hemp-derived cannabinoid products.

News July 30
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Is the future of cannabis in Europe? Q&A with Bloomwell CEO Niklas Kouparanis

Germany’s recreational cannabis market has limited opportunity, but Bloomwell Group's Niklas Kouparanis is bullish on the medical market.

News July 30
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Marijuana company with Israel, Germany operations regains Nasdaq compliance

IM Cannabis Corp., a medical marijuana company operating in Israel and Germany, said it has regained compliance with the minimum-bid price requirement to list on the Nasdaq stock exchange.

News July 30
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Verano spending $105M to buy cannabis licenses in 2 markets from Cannabist Co.

Chicago-based cannabis multistate operator Verano Holdings Corp. will pay $105 million to The Cannabist Co. to acquire the New York-headquartered MSO's plant-touching operations in Arizona and Virginia.

News July 29
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DEA still has doubts about marijuana rescheduling, GOP lawmakers claim

Two leading congressional Republicans wrote a letter to Biden administration officials expressing concern with the marijuana rescheduling process’ "unusual" circumstances and suggesting that the U.S. Drug Enforcement Administration has similar…

News July 29
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Trulieve Cannabis donates $5 million more to adult-use campaign in Florida

Multistate operator Trulieve Cannabis Corp. contributed another $5 million to the adult-use marijuana legalization campaign in its home state of Florida.

News July 29
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California regulators revoke marijuana testing lab license over fake results

California regulators canceled the license of a marijuana testing lab that allegedly faked test results and tampered with equipment so it could offer passing test results to cannabis products potentially…

News July 29
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MJBizCon’s social equity scholarship program returns

MJBizCon, the world’s largest cannabis business conference and trade show, once again is offering scholarships for social equity license applicants and license holders to attend the Dec. 3-6 event in…

News July 26
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Minnesota starts adult-use marijuana social equity license application process

Minnesota’s Office of Cannabis Management has opened its first social equity business license application window for the state's adult-use marijuana market.

News July 26
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