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US senators raise heat on President Biden, demand marijuana reform
A group of Democratic and independent U.S. senators is trying to up the pressure on the Biden Administration to remove marijuana from the federal Controlled Substances Act on criminal justice…
News July 7
Appeals court rules against Nebraska medical cannabis backers
A federal appeals court dealt a setback to Nebraska medical marijuana advocates by granting the state a stay in a case involving signature requirements for a legalization ballot initiative.
News July 7
Opinion: 3 likely causes of distressed marijuana cultivation businesses
If a cannabis business is struggling because of production woes in the cultivation department, it's a situation that can be remedied.
News July 7
Canadian cannabis retailer High Tide buying Choom stores for CA$5.1 million
Calgary-based adult-use marijuana retail chain High Tide announced a deal to acquire nine stores from Choom Holdings, including two in British Columbia, six in Alberta, and one in Ontario, amid…
News July 7
7/10: The ‘other’ marijuana holiday boosting retail sales
Step aside, 4/20. There’s another unofficial marijuana-related holiday that retailers can take advantage of. 7/10, or “Dab Day,” is dedicated to cannabis users who prefer concentrates such as live resin,…
News July 7
Cannabis REIT NewLake invests $50 million in three properties
Cannabis real estate investment trust (REIT) NewLake Capital Partners said it has now fully committed the capital raised in a $100 million initial public offering last year by investing $50…
News July 6
Oklahoma group submits signatures for adult-use marijuana legalization
An Oklahoma group aiming to get an adult-use marijuana market legalized through a statewide vote in November submitted more than 164,000 signatures to the secretary of state.
News July 6
Cannabis software firm Akerna closes $10 million public offering
Cannabis technology company Akerna closed a public offering of shares and share purchase warrants, raising gross proceeds of roughly $10 million for debt servicing and other other purposes.
News July 6
After legal setback, hemp extractors hope DEA won’t make any big moves
Hemp extractors worried about a federal crackdown over THC levels have dim prospects for getting help from the judicial system. Instead, they're looking to the words of the U.S. Drug…
News July 6
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