Merger and acquisition activity is accelerating across the cannabis industry as more companies land multimillion-dollar capital infusions and ink deals aimed at growing market share. The momentum is giving more company founders an opportunity to cash out at an attractive price – or leverage the deals to launch their next venture. The flurry of activity […]Read More
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As a co-founder of MJ Freeway, one of the best-known names among cannabis seed-to-sale companies, Jessica Billingsley is widely seen as an industry pioneer.
When she and Amy Poinsett co-founded the Denver firm in 2010, seed-to-sale tracking wasn’t a thriving sector.
Today, it’s an indispensable element of the marijuana industry, and the firm has processed more than $10 billion in legal cannabis transactions.Read More
Connecticut’s medical marijuana growers and retailers are at loggerheads over the state’s plan to expand its MMJ program to meet growing consumer demand for products. The state has proposed adding up to 10 more dispensaries to serve Connecticut’s growing patient pool, an increase that would more than double the number of retailers. But some dispensary […]Read More
Florida’s medical cannabis industry is already growing at a brisk pace, and changes to the program could accelerate growth even further.Read More
Arizona cannabis companies defy a court decision banning the sale of extracts, California marijuana businesses deal with the state’s July 1 transition, and an emerging player in the MJ industry plans a large indoor grow in Iowa. Here’s a closer look at some notable developments in the cannabis industry over the past week. Business as […]Read More
An unofficial July 1 target date set by Massachusetts cannabis regulators for the kickoff of recreational sales has come and gone, and it’s still anybody’s guess when the adult-use industry will actually launch. The Massachusetts Cannabis Control Commission may have awarded the state’s first recreational cultivation license in June and the first rec retail license on Monday, but a slew […]Read More
Now that it’s July and new mandated regulations involving packaging and lab testing have kicked in, many licensed companies in California may be wondering what will happen if they’re suddenly faced with a surprise inspection from a state official. “When a product ends up on a shelf that does not comply, whose fault is that? […]Read More
Support for marijuana policy reform at the federal level is reaching a fever pitch, fueling a surge in the number of marijuana-related bills introduced to this session of Congress. A Marijuana Business Daily analysis found that 41 pro-cannabis bills have been introduced in the 115th session of Congress, nearly identical to the total number of […]Read More
Allegations of corruption during competitive bidding for marijuana business licenses is far from a new phenomenon, especially in California, where tales of backdoor wheeling-and-dealing between companies and public officials have been circulating for years. But the state’s newly regulated market, launched in January, has brought the issue even more to the forefront, as illustrated by […]Read More
The growing mainstream appeal of CBD has some cannabis business owners concerned that CBD is a threat to the THC-reliant marijuana market.Read More
Many California marijuana companies are worried if they will survive past the state’s July 1 deadline for complying with a comprehensive set of readopted and updated emergency regulations. The deadline to sell product that hasn’t passed mandated tests might even prove an “extinction event” for businesses struggling to comply, observed Pamela Epstein, founder of Los […]Read More