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Mississippi sets July 1 timetable for finalizing medical cannabis rules
Regulations for Mississippi’s medical cannabis program likely will be in place by July 1, according to members of the state Board of Health, but it’s still unknown when sales will…
News February 4
Legal recreational cannabis sales in Canada outstrip illicit spending for first time
Sales of regulated adult-use cannabis in Canada overtook illegal transactions for the first time in the third quarter of 2020, according to new Statistics Canada data. That development demonstrates the…
News February 4
Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta - control of the White House and both chambers of Congress - is giving marijuana industry executives hope for federal reform and encouraging investors to pump…
News February 4
L.A. social equity marijuana retailers allowed to apply for state licenses
Roughly two dozen of 200 upcoming social equity marijuana retailers in Los Angeles got the greenlight from city regulators to apply for the required state permits, marking slow but steady…
News February 3
Pennsylvania governor makes budget pitch for legalizing recreational cannabis
Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities this year. Wolf highlighted recreational marijuana in his budget proposal Wednesday and…
News February 3
Medical cannabinoid firm GW Pharma to be acquired by Jazz Pharmaceuticals for $7.2 billion
Global pharma company Jazz Pharmaceuticals has reached an agreement to buy U.K.-based GW Pharmaceuticals, one of the largest medical cannabinoid businesses in the world, for $7.2 billion in cash and…
News February 3
How interstate commerce could upend the marijuana industry
Also known as interstate commerce, each state’s laws limits the movement of cannabis to within the state.
News February 3
California cannabis agency creates uproar by revoking 300-plus business permits, then reinstates most
California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it inexplicably revoked the licenses of more than 300 businesses. By Tuesday afternoon,…
News February 2
Marijuana firm Planet 13 raises $53.9M in bought deal public offering
Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought deal public offering. According to a company news release, the money will…
News February 2
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