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NYC mayor pitches $4.8 million plan to aid marijuana equity entrepreneurs

New York's mayor wants the city to spend $4.8 million in part to help individuals affected by marijuana-related offenses apply for business licenses and obtain financing and real estate for…

News April 20
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Canadian cannabis producer Flowr selling Portugal facilities to Akanda

Canadian cannabis producer The Flowr Corp. is selling its subsidiary Holigen Holdings, which owns two cultivation facilities in Portugal, to U.K.-based medical marijuana company Akanda Corp. in a deal worth…

News April 20
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Marijuana MSO Red White & Bloom makes moves to strengthen finances

Marijuana multistate operator Red White & Bloom said it completed a restructuring that included selling an Illinois cultivation facility, repaying $51.7 million of debt and reducing its work force and…

News April 20
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Opinion: Why 4/20 cannabis celebration is a triumph of health care equality

By now, we have all become accustomed to the celebratory spirit among cannabis enthusiasts that accompanies April 20, particularly in regulated markets. Once known only to a counterculture crowd, the…

News April 20
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Convenience store giant to boost stake in marijuana retailer Fire & Flower

Multinational convenience store operator Alimentation Couche-Tard plans to boost its stake in major Canadian cannabis retailer Fire & Flower to roughly 35%.

News April 20
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Innovation drives shift in cannabis product demand, especially around 4/20

A critical aspect of cannabis retail success is knowing what your customers want - and when. Marijuana’s unofficial holiday, 4/20, is upon the industry, with expectations of good turnouts for…

News April 20
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4 marijuana-related companies run ‘Chicago cartel,’ federal lawsuit alleges

A group calling itself True Social Equity in Cannabis sued three marijuana multistate operators and an ancillary company in Illinois federal court, claiming the four constitute a “Chicago cartel” linked…

News April 19
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DEA goes to battle in federal court over THC in hemp extractions

The U.S. Drug Enforcement Administration told a federal appeals court Tuesday that hemp can't legally be processed into an intoxicant.

News April 19
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Workers at another Illinois marijuana retailer vote to join Teamsters

More than 90% of workers at Rise Dispensary in Niles, Illinois, voted to unionize with the Teamsters Local 777, joining a growing list of marijuana employees in the state to…

News April 19
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