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Treasury Secretary Yellen frustrated with stalled marijuana banking reform

U.S. Treasury Secretary Janet Yellen expressed her strongest support yet of marijuana banking reform - and frustration over the lack of progress on the issue in Congress.

News April 8
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Massachusetts Senate passes bill to crack down on excessive cannabis fees

The Massachusetts state Senate unanimously passed a package of cannabis reforms that includes clamping down on the exorbitant fees some municipalities are charging licensed marijuana businesses.

News April 8
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Court hints it might strike down Maine medical marijuana residency law

A federal court appears poised to strike down a Maine law that prevents out-of-state ownership of for-profit medical marijuana dispensaries.

News April 8
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South Carolina moves closer to legalizing medical cannabis

The South Carolina Legislature is poised to legalize medical cannabis, but the bill that could make that happen might still fail.

News April 8
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California marijuana farmers clamber to avoid major ‘extinction event’

Marijuana farmers across California are scrambling to revamp their operations to stay in the licensed market at a time when hundreds, if not thousands, of cultivators are in danger of…

News April 8
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New ‘cannabis strategy table,’ excise tax tweaks floated in Canada’s 2022 budget

The Canadian federal government is proposing a new "cannabis strategy table" to liaise with legal cannabis industry businesses in a new budget document released Thursday.

News April 7
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CA marijuana companies CannaCraft, March and Ash to merge

Northern California marijuana manufacturer and cultivator CannaCraft will merge with Southern California retail chain March and Ash in a deal that will likely prove mutually beneficial.

News April 7
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British Columbia considering recreational cannabis consumption spaces

The government of British Columbia is considering allowing recreational cannabis consumption spaces and has launched a public consultation on the topic.

News April 7
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Marijuana MSO Jushi expands Nevada presence by closing on $53.6M purchase

Florida-based marijuana multistate operator Jushi Holdings bolstered its operations in Nevada, closing on its previously announced agreement to acquire NuLeaf for up to $53.6 million in cash and stock.

News April 7
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