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Cash courier to resume cannabis services after resolving seizure lawsuit
An armored car company that carried legal marijuana proceeds will resume services in San Bernardino County, after the county’s sheriff’s department dropped its legal claims.
News May 9
Marijuana REIT NewLake Capital inks $30 million credit facility
Marijuana industry real estate investment trust NewLake Capital Partners announced it secured a five-year revolving credit facility worth $30 million, with the possibility of expansion to $100 million "as additional…
News May 9
Massachusetts cannabis delivery firms with equity permits face hurdles
Since launching last July, Christopher Fevry, co-founder and CEO of Boston-based cannabis delivery service Your Green Package, has been busy. With a Massachusetts courier delivery license - which are reserved…
News May 9
Dozens of Mississippi cities and counties opt out of medical cannabis
Nearly four dozen Mississippi municipalities and counties have so far opted out of the state's new medical marijuana program, with the deadline for doing so emerging in a few days.
News May 6
Tornado ravages $95,000 in plants at Oklahoma medical marijuana farm
A medical marijuana cultivation facility in Maud, Oklahoma, had an estimated $95,000 worth of marijuana plants destroyed when a tornado tore through the facility on Thursday.
News May 6
California cannabis companies sell assets, narrow focus to save money
Vertical integration was the name of the game when California launched its recreational marijuana market in 2018, as companies handled everything from cultivation to retail sales and home delivery. Four…
News May 6
New York OKs 36 more recreational cannabis cultivation permits
New York marijuana regulators approved 36 more conditional licenses to grow recreational marijuana, adding to the list of hemp growers approved to kickstart the new adult-use program.
News May 5
South Carolina House leader kills medical marijuana bill
A state House leader ruled that the South Carolina Compassionate Care Act, S. 150, couldn't be considered by lawmakers further because it included an unconstitutional tax increase, the Associated Press reported.
News May 5
MSO MariMed buys Illinois cannabis licensee Green Growth Group
Multistate marijuana company MariMed completed the acquisition of Illinois cannabis company Green Growth Group, vertically integrating its business operations within the Midwestern state.
News May 5
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