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Uber’s interest in marijuana delivery highlights sector’s potential and pitfalls
You’d think that marijuana delivery executives would quake in their shoes after the head of a ride-sharing giant recently floated the idea of getting into their line of work.
News May 7Decisions by judge, regulator boost New Mexico’s marijuana market
The biggest medical marijuana business in New Mexico, Ultra Health, is celebrating another legal victory after a district court judge sided with the company's lawsuit alleging that regulators inappropriately limited…
News May 6Alabama lawmakers pass landmark medical cannabis legalization bill
Alabama took a major step toward becoming the 39th state in the nation to legalize a medical cannabis market, albeit a relatively restrictive one, after the House passed an amended…
News May 6MJBiz introduces podcast series to aid cannabis entrepreneurs
MJBiz, the parent of independent publisher and event producer MJBizDaily, is launching a podcast series intended to deliver business insights and advice to entrepreneurs from the cannabis industry’s top executives…
News May 6Canadian cannabis extracts topped CA$324 million in sales in 2020
Sales of cannabis extracts and concentrates tripled between the first and final quarter of last year, ending 2020 with roughly 324 million Canadian dollars ($265 million) in retail sales, according…
News May 6Trulieve acquires marijuana cultivation license, two dispensary permits in WV
Trulieve Cannabis completed a $6 million cash-and-stock acquisition of West Virginia medical marijuana operator Mountaineer Holding.
News May 6Credit Suisse reportedly halts US cannabis stock transactions
Global investment banking firm Credit Suisse Group reportedly has told customers in recent months that it has decided to stop executing stock transactions of cannabis companies with U.S. operations or hold…
News May 6California hemp bill could provide new opportunities for marijuana firms
Two bills in the California Legislature that would establish a new regulatory framework for hemp-infused goods - including CBD-infused foods and drinks - are poised to become law this year,…
News May 6West Virginia opens medical marijuana patient registration
Nearly four years after West Virginia voters legalized medical cannabis, state officials are allowing eligible patients to register for the program. According to Charleston TV station WOWK, the state’s Office…
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