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New York governor presses again for legalizing recreational cannabis

New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational cannabis program that provides "equitable" licensing opportunities and “reflects national standards and…

News January 6
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Biden to tap Merrick Garland for attorney general, offering stark contrast to anti-cannabis AGs under Trump

President-elect Joe Biden has settled on Merrick Garland as his nominee for U.S. attorney general, multiple news organizations reported Wednesday, tapping a federal judge who is likely to be less…

News January 6
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CEO compensation at marijuana producer Hexo rises to CA$11 million

Total compensation for the top executives at struggling marijuana producer Hexo Corp. grew almost 20% year-over-year to 14.4 million Canadian dollars ($11.1 million) in fiscal 2020, led by the company's…

News January 6
Canada cannabis

Zenabis, in cannabis merger talks, calls out Sundial over alleged takeover try

Troubled Canadian marijuana company Zenabis Global said it has entered exclusive merger talks with “another significant licensed cannabis producer.” Zenabis, based in Vancouver, British Columbia, said it wouldn’t disclose further…

News January 6
Portland, Maine, Maryland

Maine medical cannabis rules would require track-and-trace for caregivers

Proposed rules for Maine's medical cannabis program would require registered MMJ caregivers to use the state's inventory tracking system.

News January 6
US marijuana reform

Federal marijuana reform outlook brightens as Democrats win control of US Senate

Prospects for major federal marijuana reform are poised to take a big step forward now that Democrats have won control of the U.S. Senate.

News January 6
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7 regulatory-related factors for marijuana companies to consider in a debt transaction

2020 saw several high-profile debt transactions in the cannabis industry, with major companies raising hundreds of millions of dollars through such financings.

News January 6
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Aurora Cannabis co-founder Terry Booth tapped to be CEO of US-based Australis

Eleven months after stepping down as CEO of the Canadian marijuana giant he co-founded, former Aurora Cannabis chief executive Terry Booth said he plans to return to the marijuana industry…

News January 5
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South Dakota attorneys warned against working with marijuana companies

The State Bar of South Dakota ethics committee warned attorneys in the state against taking cannabis businesses as clients, which could discourage lawyers from working with the industry there.

News January 5
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