MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Colorado bans hemp-derived delta-8 THC
Colorado regulators banned hemp-derived THC isomers such as delta-8 in foods, drinks and dietary supplements, but the status of marijuana-derived THC isomers wasn't immediately made public.
News May 14
Mississippi high court voids voter-ratified medical cannabis legalization measure
The Mississippi Supreme Court on Friday struck down a medical marijuana legalization initiative that voters had overwhelmingly approved last November, shattering a market that was potentially worth more than $250…
News May 14
Aurora Cannabis shakes up board, eyes cuts after CA$165 million quarterly loss
Aurora Cannabis announced a shake-up of its board of directors and is eyeing tens of millions of dollars in additional cost savings as the Alberta, Canada-based company reported another large…
News May 14
California marijuana company buys fourth retail store for $16 million
Grupo Flor, a vertically integrated marijuana company based in Salinas, California, spent $16 million to acquire the White Fire cannabis store in San Jose and expand its portfolio. Grupo Flor,…
News May 14
Ex-Massachusetts mayor found guilty in cannabis bribery scheme
A former mayor of Fall River, Massachusetts, on Friday was convicted of corruption after prosecutors alleged he engaged in a bribery scheme in which he solicited payments from cannabis companies…
News May 14
California governor proposes $100 million grant to ease marijuana licensing logjam
California Gov. Gavin Newsom announced Friday his new state budget proposal - called the California Comeback Plan - will include $100 million to alleviate a bureaucratic logjam that has left…
News May 14
Marijuana REIT to invest $67.8 million in Pennsylvania facility
Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel have struck another sale-leaseback deal. The San Diego-based real estate investment trust (REIT) said it has closed on a transaction…
News May 14
Canadian cannabis producer Hexo to enter US with Colorado facility
Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northern Colorado, marking a step forward for the Canadian producer's U.S. ambitions.
News May 14
Minnesota House OKs adult-use marijuana; Senate passage unlikely
That said, Republicans in May did not stop Minnesota lawmakers from legalizing hemp-derived products, including those containing delta-8 and delta-9 THC.
News May 14
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