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Rival cannabis trade associations

Rival cannabis trade associations NCIA, USCC underscore industry rift

A rivalry has emerged between the National Cannabis Industry Association and U.S. Cannabis Council, the largest trade groups in the industry.

News September 7
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Marijuana businesses in Michigan, Pennsylvania unionize

The United Food and Commercial Workers (UFCW) has helped union two more marijuana businesses.

News September 6
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Ramm Pharma buys Polish hemp firm from TGOD for CA$1.2 million

Toronto-based Ramm Pharma Corp. acquired HemPoland from The Green Organic Dutchman Holdings for 1.2 million Canadian dollars ($910,000) in cash.

News September 6
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Industrial hemp farm begins harvesting first seeds in Idaho

A hemp farm in Buhl, Idaho, has started harvesting the first crop of industrial hemp seeds in the state.

News September 6
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Marijuana companies lay off hundreds, retrench amid economic woes

While business around the world shuttered as COVID-19 spread, the marijuana industry was deemed "essential" in nearly 30 states and stood to gain from the pandemic. But more than two…

News September 6
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Detroit finally begins adult-use cannabis business licensing

After years of waiting, Detroit is now accepting applications for adult-use cannabis business licenses for retailers, microbusinesses, and consumption lounges. The application window for adult-use business licenses opened Sept. 1…

News September 2
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Missouri recreational marijuana ballot initiative faces pair of challenges

A group of Missouri lawmakers asked the state's governor to add recreational marijuana legalization to an  upcoming special session as an alternative to the Nov. 8 adult-use cannabis ballot measure.…

News September 2
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Innovative Industrial Properties buys MA cannabis facility for $21.5 million

Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) that focuses on the regulated cannabis industry, completed its acquisition of a property in Webster, Massachusetts.

News September 2
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Opinion: Not paying federal taxes is a foolish form of marijuana financing

Close readers of cannabis company financial statements have realized that many cannabis enterprises are financing themselves through nonpayment of federal taxes.

News September 2
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