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Chicago considers limits on CBD retailers calling their shops a ‘dispensary’

Under a proposal by city Alderman Brian Hopkins, CBD shops in Chicago would be prohibited from advertising themselves as “dispensaries."

News July 25
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4 Arkansas marijuana companies hit with RICO suit over alleged THC inflation

Four medical marijuana companies in Arkansas are in the crosshairs of a federal civil lawsuit alleging that they conspired to defraud MMJ patients by illegally lying about cannabis potency testing…

News July 25
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Canadian retailer Nova Cannabis to issue up to CA$20 million in shares

Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million Canadian dollars ($15.5 million) worth of shares over time.

News July 25
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Weedmaps again advertising illegal marijuana retailers and products, complaints allege

Cannabis advertising giant Weedmaps is again carrying listings on its website for illegal or unlicensed marijuana retailers and products in California, according to complaints filed with state and federal regulators.

News July 25
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Colorado cannabis wholesale flower prices plummet to all-time low

The wholesale price of cannabis flower in Colorado dropped to an all-time low, reflecting a market saturated with supply and squeezing cultivator margins.

News July 22
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Illinois issues 185 new recreational marijuana retail licenses

Illinois regulators on Friday announced tentative winners for 185 new recreational marijuana retail permits.

News July 22
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Canadian adult-use cannabis sales grow slightly to nearly CA$376 million in May

Sales of legal adult-use cannabis in Canada totaled a record 375.8 million Canadian dollars ($292.1 million) in May, representing a 0.7% increase over April sales on an unadjusted basis, according…

News July 22
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Biotech and hemp firm to raise $35 million in registered direct offering

Agriculture biotechnology firm 22nd Century Group has announced a registered direct offering of shares to raise expected gross proceeds of $35 million.

News July 22
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What’s next in the City of Angels: Q&A with L.A. marijuana regulator Michelle Garakian

Shortly after Michelle Garakian replaced Cat Packer in March to become the Los Angeles marijuana czar, the city invoked mandatory timelines to process and approve cannabis business applications and licenses.…

News July 22
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