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Hemp, CBD Firm Lands $6.5M in Financing From Institutional Investor

CannaVest Corp. said it has closed a $6.5 million round of financing with an unnamed institutional investor, representing one of the larger investment deals in the marijuana industry in recent…

News May 26

Proposal Would Dampen Cannabis Business Opportunities in Anchorage

Businesses in Anchorage, Alaska, that allow patrons to smoke cannabis indoors may face legal issues if a bill proposed by a local lawmaker makes its way into law. The proposal…

News May 26
cannabis security

For Marijuana Companies, Biggest Security Concern Comes From the Inside

By John Schroyer Robberies involving medical marijuana dispensaries, recreational stores and cultivation sites may make headlines, but the biggest security threat for cannabis businesses isn’t tied to unknown masked men…

News May 26

OH Legalization Campaign Sabotage Allegation Tossed

A complaint filed by one marijuana legalization campaign against another in Ohio was dismissed unanimously on Thursday by the Ohio Elections Commission, which ruled that it doesn’t have jurisdiction in…

News May 22
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Big MN-Backed Grower Applies for Coveted NY License

Kyle Kingsley, MD, is hoping he’s found a way to expand his cannabis cultivation company across multiple states, by setting up a series of linked LLCs and by emphasizing his…

News May 22
marijuana news

Week in Review: Final Conference News, Symbolic MMJ Victory in TX + MA Licensing Overhaul

Final highlights from the Spring Marijuana Business Conference and Expo, the Texas Legislature passes a (possibly entirely) symbolic victory for medical cannabis advocates, and Massachusetts, embattled by licensing lawsuits, announces…

News May 22
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Conference Day Two Keynotes: Banking and Dealing With MMJ Naysayers

By John Schroyer Watch out for potential lawbreakers as customers. That was just one word of advice offered by Tom Fleming on Thursday morning to a room full of cannabis…

News May 21

Four WA Rec Stores Sell to Minors in Sting Operation

A quartet of recreational cannabis shops in Washington State wrongly sold marijuana to minors in the course of the state’s first-ever sting operation. The four stores, which will all be…

News May 21

New Lawsuit: CO Cannabis Baron Breaking IL MMJ Rules

Yet another lawsuit has been filed in Illinois over the licensing process in the state’s medical marijuana program, and the new suit claims that a Colorado cannabis businessman has broken…

News May 21
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