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Why cannabis banking reform alone won’t solve payment processing woes
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Bahamas looks to establish medical cannabis industry
The Bahamas has introduced a package of legislation to decriminalize cannabis for medical, research and religious purposes and establish a legal medical marijuana industry.
News August 29
Oregon court pauses marijuana testing requirement for aspergillus mold
The Oregon Court of Appeals called for a temporary halt to a new marijuana lab-testing requirement for aspergillus, a type of mold that has led to recalls in several legal…
News August 29
Canadian cannabis exports surge 50% to CA$160 million in 2022-23
Amid declining medical cannabis sales in Canada’s domestic market and cutthroat competition in the adult-use industry, some licensed producers are increasingly looking to overseas markets for a financial lifeline.
News August 29
Planet 13 acquires VidaCann for $49M in Florida marijuana expansion
Las Vegas-headquartered Planet 13 Holdings on Monday announced a $48.9 million deal to acquire Florida-based VidaCann’s vertically integrated marijuana operation, which includes 26 medical cannabis dispensaries.
News August 28
Craft cannabis firm Atlantic Cultivation buying insolvent Tantalus brand
Craft cannabis cultivator Atlantic Cultivation is acquiring the brand of insolvent marijuana producer Tantalus Labs, the companies announced Monday.
News August 28
South Dakota medical marijuana card demand prompts regulatory concerns
A group of South Dakota lawmakers, regulators and law enforcement officials are raising concerns the state has issued too many medical marijuana cards for patients.
News August 28
Cannabis cultivator Clever Leaves consolidates shares to stay on Nasdaq
International medical cannabis company Clever Leaves Holdings has consolidated its Nasdaq-listed shares on a 30-to-1 basis to keep its listing on the U.S. stock exchange.
News August 28
Judge orders former Wrigley-connected medical marijuana company dissolved
A Pennsylvania judge has ordered the dissolution of a heavily indebted, state-licensed medical marijuana company that was once part of former chewing-gum magnate William “Beau” Wrigley Jr.’s fledgling cannabis empire.
News August 28
Canadian wildfires appear to have little impact on cannabis supplies
Health Canada said two licensed cannabis companies have voiced concerns about the wildfires in British Columbia, but the federal regulator told MJBizDaily it has yet to receive any reports the…
News August 28
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