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Finish Line for WA Recreational Licensing in Sight, But Hurdles Remain

By Fred Dreier Washington State’s march toward retail marijuana sales is accelerating, with officials holding a long-awaited lottery this week to decide which entrepreneurs can open recreational shops. While the…

News April 23

Tommy Chong Signs on With Colorado Cannabis Store

Actor and longtime marijuana advocate Tommy Chong is diving head-first into the business side of the plant. Chong, 75, has officially signed a business agreement with the Pueblo, Colorado-based retail…

News April 23

Cannabis Firm Buys 3 Buildings in Florida

The publicly traded firm Cannabis RX has acquired three commercial buildings in Florida that it hopes to lease or sell to medical marijuana cultivation operations if the state legalizes MMJ…

News April 22

Lack of Testing Oversight in Oregon Raises Concerns

Dispensary owners in Oregon are concerned that the state’s lack of oversight on testing labs will create an unstable business climate, boost risks for medical marijuana centers and lead to…

News April 22

Lottery for Rec Licenses Underway in Washington

Washington State is holding a lottery this week to determine who can sell recreational cannabis via retail shops, representing a significant step forward for its fledgling marijuana program. Officials will…

News April 21

Updated Illinois MMJ Rules Could Increase Market Size

Illinois has issued revised draft rules for the medical marijuana industry, easing up on regulations for patients but boosting financial requirements for cultivation applicants and establishing marketing restrictions. The new…

News April 21
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Q&A With Advanced Cannabis Solutions CFO Christopher Taylor on SEC Trading Halt

By Fred Dreier Cannabis companies that trade on the public markets have had a rough go of it in recent weeks. After a stellar first quarter in which many cannabis…

News April 21

Privateer Holdings Expects to Raise $50M

Privateer Holdings, one of the largest private equity firms in the cannabis industry, is reportedly set to raise more than $50 million in its latest round of fundraising. The firm…

News April 18
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Week in Review: Anything-Goes Cannabis Policies Fading as Industry Matures

By Chris Walsh Many cannabis companies have long accepted – and at times encouraged – marijuana use by employees while on the clock, even if doing so runs afoul of…

News April 18
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