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NBA to allow players to promote, invest in and consume cannabis

A groundbreaking bargaining agreement between the National Basketball Association and its players association would allow players to invest in and promote cannabis companies.

News April 3
Germany cannabis imports

Germany imports record amount of marijuana, but growth slows

Germany imported a record amount of marijuana for medical and scientific use in 2022, according to new data from the country’s Federal Institute for Drugs and Medical Devices.

News April 3
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US cannabis firms could gain from Canadian Securities Exchange plan

The Canadian Securities Exchange (CSE)'s new senior tier could offer U.S. cannabis companies lower capital costs and a broader investor base.

News March 31
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Massachusetts closes marijuana chain after owner posts threatening video

The Massachusetts state Cannabis Control Commission (CCC) suspended the licenses of a growing marijuana retail chain on March 24, the day after the owner allegedly recorded a series of threatening…

News March 31
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Paychex ceasing direct deposits, other services to cannabis firms

U.S. cannabis operators are scrambling to find a new payroll provider after receiving a memo from Paychex advising that the company will no longer process direct deposits or offer other…

News March 31
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Kentucky governor signs medical marijuana legalization bill into law

Kentucky Gov. Andy Beshear signed a bill legalizing medical marijuana in the state into law on Friday, fulfilling an earlier promise.

News March 31
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Cannabis vape hardware firm Greentank raises $16.5 million

Vape hardware manufacturer Greentank Technologies closed a Series B financing round worth $16.5 million with an unspecified "strategic investor group" that includes Canadian cannabis producer Organigram Holdings.

News March 31
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Suspect unions’ effort to evade state law could hurt marijuana workers

Cannabis businesses in California and on the East Coast are evading worker-friendly licensing requirements by obtaining state business permits after signing deals with “labor organizations” that appear to be illegitimate “company…

News March 31
Image of Kentucky state capitol building

Kentucky lawmakers OK medical cannabis legalization, send bill to governor

The Kentucky House on Thursday approved legislation legalizing medical cannabis, sending the bill to Democratic Gov. Andy Beshear for his expected signature.

News March 30
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