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Why a cannabis business is betting on dogs to reach FDA approval
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US House will again consider cannabis banking reform
A cannabis banking reform bill was reintroduced in the U.S. House of Representatives on Thursday, according to congressional staffers.
News March 18
Marijuana tech platform I Heart Jane suffers slowdown, affecting retailers
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational and medical cannabis retailers that rely on the software. I Heart Jane…
News March 18
Canadian cannabis producer Canopy Growth borrows $750 million
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) – with the possibility of borrowing $500 million more…
News March 18
Hexo CEO: Canada’s cannabis sector entering ‘most competitive phase’
Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second quarter ended Jan. 31 as its chief executive said the Canadian industry…
News March 18
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed…
News March 18
South Dakota trade group forms to aid prospective marijuana businesses
As South Dakota works to implement medical and recreational marijuana programs passed by voters in 2020, a new trade group seeks to assist cannabis companies in the state.
News March 18
Ontario Cannabis Store appoints sixth president in three years, raising industry concern
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and online retailer about to get its sixth president in three years.
News March 18
Cannabis companies anticipate added sales bump with new round of stimulus checks
Cannabis companies should expect a bump in sales from the newest round of federal stimulus payments.
News March 18
Missouri revokes licenses of overdue medical cannabis operators
Missouri medical cannabis regulators are revoking the licenses of some businesses that haven’t met their one-year cutoffs to open and didn’t receive extensions.
News March 17
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