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Forget the DEA and DOJ: When cannabis legalization happens, these are the feds to worry about
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RI medical marijuana dispensary drops lawsuit, clearing path for lottery
An applicant for a medical marijuana dispensary license in Rhode Island dropped its appeal against regulators, a move that likely will allow a lottery for a retail license on the…
News November 11
Cannabis MSO Jushi seeks to raise up to $397.3 million
Marijuana multistate operator Jushi Holdings plans to raise up to 500 million Canadian dollars ($397.3 million) by way of a new preliminary short form base shelf prospectus filed in Canada.
News November 11
West Virginia’s long-delayed medical marijuana market poised to launch
West Virginia’s potential $40 million medical marijuana program finally is set to launch Friday with the opening of the state’s first dispensary by multistate giant Trulieve Cannabis.
News November 11
California marijuana veteran selling businesses in sign of wider market woes
Kimberly Cargile has had enough, and she's ready to sell. The 20-year-veteran of California's marijuana industry told MJBizDaily she's looking for a buyer for her Sacramento retail marijuana shop, A…
News November 11
Consolidation continues in Colorado marijuana market + importance of due diligence
Columbia Care (CSE: CCHW; OTCQX: CCHWF) completed its acquisition of Denver-based Medicine Man on Nov. 1, highlighting the accelerating consolidation of the Colorado cannabis market.
News November 10
Oregon reopens recreational cannabis business licensing process
Oregon regulators are reopening the approval process for recreational cannabis business licenses, which was on pause for more than three years as the state worked through what it said was…
News November 10
New Jersey to start accepting adult-use marijuana applications next month
New Jersey regulators will start taking grower, processor and testing lab license applications in December as the state’s potential $2 billion adult-use marijuana market edges closer to a launch.
News November 10
Cannabis MSO Verano entering Connecticut via acquisitions
Chicago-based cannabis multistate operator Verano Holdings announced its expansion into Connecticut with multiple acquisitions, including one completed deal and two pending purchases.
News November 10
21 US governors sign letter to Congress supporting marijuana banking
Almost half the nation's 50 governors put their names on a letter this week to Congressional leaders, urging them to approve the SAFE Banking Act, which would provide safe harbor…
News November 10
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