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Marijuana research

DEA close to allowing companies to grow cannabis for scientific research

After years of delay under the Trump administration, the federal government is preparing to award the first new licenses for cultivating cannabis for scientific research, giving U.S. marijuana operators a…

News May 18
Rite Aid pharmacy

Rite Aid pharmacy CEO not ruling out carrying marijuana products

Marijuana could be coming to Rite Aid, a U.S. pharmacy chain with 2,500 stores in 17 U.S. states.

News May 18
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MedMen raises $10M for new cannabis stores in Boston, San Francisco

Multistate marijuana company MedMen Enterprises has closed a non-brokered private placement worth $10 million that will be used "to drive" new store openings in Boston and San Francisco.

News May 18
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CA marijuana social equity advocates demand help, threaten to sue state

A coalition of stakeholders from across California joined forces to deliver a message to Gov. Gavin Newsom and the state Legislature: Help victims of the war on drugs get into…

News May 18
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Minnesota lawmakers OK medical cannabis smokable flower

Minnesota's Legislature approved smokable flower for medical cannabis patients, which could significantly boost sales in what has been a heavily regulated MMJ market that has only two operators.

News May 18
California Gov. Gavin Newsom

California governor gets lukewarm marijuana industry support amid recall

California Gov. Gavin Newsom might need all the political ammunition he can muster later this year when he faces a recall election, but he probably shouldn’t count on an outpouring…

News May 18
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Marijuana REIT announces $200 million private placement

Innovative Industrial Properties, a marijuana real estate investment trust (REIT), said it plans to raise $200 million through a private placement of senior notes for continued cannabis-related property investments. The…

News May 17
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Canada approves fourth medical cannabis vaporizer license

Health Canada approved a cannabinoid inhaler made by Tel Aviv, Israel-based Syqe Medical, the company announced, making it only the fourth medical device license granted for a cannabinoid vaporizer by…

News May 17
Image of Birmingham, Alabama

Alabama governor signs medical cannabis legalization bill into law

Alabama on Monday became the latest state in the nation and second in the Deep South to legalize a medical cannabis market after Gov. Kay Ivey signed a legalization bill…

News May 17
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