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DEA-licensed cannabis cultivator closes $20 million Series A funding round

Biopharmaceutical Research Co., one of seven cultivators licensed by the U.S Drug Enforcement Administration to grow cannabis primarily for research purposes, closed a $20 million Series A funding round.

News October 4
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Ex-SoCal politician gets 5-year prison sentence in marijuana bribery scheme

Former Southern California politician Jermaine Wright was sentenced to five years in a federal prison after being convicted of bribery in a marijuana business licensing scheme as well as attempted…

News October 4
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International cannabis company Akanda gets Nasdaq share price notice

International medical cannabis company Akanda Corp. says its shares could be delisted from the Nasdaq Capital Market after the stock exchange gave notice that the bid price of Akanda's shares…

News October 4
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First licensed social equity craft marijuana grower opens in Illinois

Star Buds IL became the first social equity craft marijuana grower to begin operations in Illinois.

News October 4
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Japan urged to consider medical cannabinoid imports 

A panel set up by Japan’s Ministry of Health, Labor and Welfare is recommending that the nation’s lawmakers carve out a legal pathway to import scientifically proven medical cannabinoids, similar…

News October 4
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Strong retail demand in Vermont on first day of recreational marijuana sales

Long lines, strong demand and a celebratory atmosphere marked the first day of recreational marijuana sales in Vermont.

News October 4
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Trulieve employee died from ‘hazards of ground cannabis dust,’ OSHA report says

A worker at multistate operator Trulieve Cannabis' cultivation facility in Holyoke, Massachusetts, died in January because of "the hazards of ground cannabis dust," according to an Occupational Health and Safety…

News October 3
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Another lawsuit targets Detroit’s adult-use marijuana licensing ordinance

Detroit's revised adult-use marijuana ordinance has provoked yet another lawsuit, this time from a hopeful MJ business owner and a company that operates multiple medical cannabis dispensaries in the city.

News October 3
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Cannabis financier Safe Harbor renamed SHF Holdings after SPAC acquisition

Special purpose acquisition company (SPAC) Northern Lights Acquisition closed its acquisition of cannabis financial institution Safe Harbor Financial, taking the company public on the Nasdaq Capital Market and changing its…

News October 3
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