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Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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US-based Cookies plans flagship cannabis store in Toronto this year
Gage Growth Corp. announced details of its previously disclosed plan to bring the U.S. cannabis brand Cookies to the Canadian market, including the location of its first store. Detroit-based Gage…
News July 27
New Mexico novelty store gets cease-and-desist order for ‘gifting’ marijuana
New Mexico's Cannabis Control Division is cracking down on a Las Cruces business for "gifting" marijuana to shoppers who bought non-MJ merchandise.
News July 27
Massachusetts medical cannabis dispensary sued over $21 million debt
A medical cannabis dispensary in a Boston suburb has been sued by a creditor for more than $21 million in debt and interest the shop owes.
News July 27
Boom or bust? Marijuana execs see more sales gains as COVID-19 lockdowns ease
As coronavirus-related lockdowns have lifted across the country, many cannabis companies are bullish that the market will continue its steady growth.
News July 27
Aurora Cannabis continues board revamp, installs ex-Pfizer executive
Aurora Cannabis expanded its board and installed Theresa Firestone, a senior health-care executive, as an independent director, the Edmonton Alberta-based company announced Monday.
News July 26
Verano to acquire Nevada marijuana company Sierra Well for $29 million
Illinois-based marijuana company Verano Holdings announced it will acquire Sierra Well, a Nevada vertically integrated cannabis company with two dispensaries and production and cultivation facilities, for $29 million.
News July 26
Denver cannabis retailer asks Supreme Court again to review its IRS fight
After the U.S. Supreme Court in June declined to hear arguments in a case between a Denver-based cannabis retailer and the Internal Revenue Service, the company decided to ask the…
News July 26
Florida man ordered to repay nearly $3 million in Colorado marijuana scheme
A Florida businessman has been ordered to pay the U.S. Securities and Exchange Commission nearly $3 million to resolve allegations that he bankrolled a lavish lifestyle with investor money that…
News July 26
Biden nominee for drug czar consulted for medical cannabis business
President Joe Biden’s pick to lead the Office of National Drug Control Policy, Dr. Rahul Gupta, consulted with a Massachusetts-based medical cannabis business for nine months in 2020. Ethics documents…
News July 26
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