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marijuana deal

New marijuana REIT strikes deal to combine with Israel’s InterCure

Subversive Real Estate Acquisition REIT is combining with Israeli marijuana producer InterCure in a deal that values InterCure at $300 million and is intended to secure a Nasdaq listing for…

News January 27
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Arizona medical cannabis firms qualify for second grow permit, regulators say

Arizona’s longstanding 130 medical cannabis businesses – which are vertically integrated, by law – may now each snag a second cultivation license under a relatively new interpretation of the recreational…

News January 27
Minnesota marijuana

Minnesota governor favors adult-use marijuana, but Senate is a hurdle

Minnesota Gov. Tim Walz is again trying to prod lawmakers to consider legalizing a recreational marijuana market, but the Republican-controlled state Senate is seen as an obstacle.

News January 27
cannabis-infused beverages

Newly formed Cannabis Beverage Council inspired by alcohol prohibition

A new beverage group has been formed to connect leaders in the cannabis and beverage industries who hope to expand that segment of the hemp and marijuana sectors.

News January 27
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Metrc loses court fight over ‘tag fees’ for Missouri marijuana businesses

Florida-based marijuana inventory tracking firm Metrc lost an appeal in Missouri over whether the company was contractually allowed to charge licensed medical cannabis businesses extra money for state-mandated plant tags.

News January 27
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Nevada cannabis testing lab targeted for passing tainted samples

Nevada cannabis regulators are accusing a marijuana testing lab of falsely boosting THC potency numbers and allowing contaminated products to pass.

News January 27
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With Democrats in charge, cannabis advocates upbeat about US reforms – but legalization uncertain

Now that President Joe Biden has been sworn in and Democrats have taken control of Congress, many cannabis industry executives might expect some reform of federal marijuana policy within the…

News January 27
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Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees

A California judge again ordered marijuana multistate operator MedMen to pay the company’s former chief financial officer at least $500,000 to cover his legal fees in an ongoing lawsuit over…

News January 26
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Massachusetts city drops onerous ‘impact fee’ on cannabis businesses

A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses. The move, if adopted by other Massachusetts communities,…

News January 26
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