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SAFE Banking status: Q&A with marijuana industry ally US Rep. Ed Perlmutter

U.S. Rep. Ed Perlmutter's political crystal ball proves correct. The Colorado Democrat is confident the SAFE Banking Act - which Perlmutter has sponsored every congressional cycle since first introducing it…

News November 8
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Power REIT ups funding of Michigan marijuana greenhouse to $25.6 million

Power REIT finalized a lease amendment to fund additional upgrades to a cannabis greenhouse cultivation facility in Michigan.

News November 5
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Medical marijuana could ease anxiety, depressive symptoms, study shows

Medical marijuana could help to reduce anxiety and depressive symptoms, according to a new study from Johns Hopkins University School of Medicine in Baltimore.

News November 5
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Missouri reconsidering medical cannabis advertising restrictions

In response to opposition from industry stakeholders, Missouri’s medical cannabis regulators are considering relaxing advertising restrictions on the state’s MMJ businesses. According to the St. Louis Post-Dispatch, MMJ regulators published…

News November 5
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Canopy closing Niagara-on-the-Lake cannabis greenhouse, laying off 30

Beleaguered Canadian cannabis producer Canopy Growth Corp. is closing another massive greenhouse and laying off staff as part of the Smiths Falls, Ontario-based company’s efforts to cut costs amid ballooning…

News November 5
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Arkansas marijuana advocates add another push for adult-use legalization

A proposed amendment in Arkansas that would legalize recreational marijuana and create a new market for cannabis businesses was filed on Thursday with the secretary of state's office.

News November 5
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Virginia election results throw future of state’s recreational marijuana market into question

This week's electoral triumph by the Republican party in Virginia has thrown into question the rollout of the state's recreational marijuana market, which would be the first adult-use market in…

News November 5
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Canopy reports growing cannabis loss, no longer expects profitable 2021

Canopy Growth Corp. says it no longer expects to be profitable this year, citing supply and market share challenges in its home country of Canada.

News November 5
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Tilray’s share of Canadian cannabis market plummets, but Auxly shines, data shows

Canadian cannabis producer Tilray has seen around one-third of its market share in Canada evaporate since it merged with Aphria in May, new data suggests, while rival Auxly Cannabis Group…

News November 5
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