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Illinois marijuana retail hopefuls drop suit after getting second chance
A group of unsuccessful cannabis retail license applicants in Illinois withdrew their legal challenge against the state after the governor announced an application do-over.
News September 23Oregon loses at least seven cannabis businesses in wildfires; more damaged
Wildfires in Oregon destroyed at least seven marijuana companies and damaged at least a dozen more, according to state regulators, but it’s too early to tell how the fires will…
News September 23Israel medical cannabis patient count hits record as imports soar
The number of authorized medical cannabis patients in Israel has more than doubled in the past two years - topping 70,000 - despite persistent supply and regulatory challenges, according to…
News September 23Montana recreational marijuana ballot measure would allow only local operators
Montana voters will decide in November if they want to join the growing list of states with adult-use marijuana, and if they do, the market will be one of a…
News September 23Chocolate in cannabis edibles might compromise potency test accuracy
The chocolate in cannabis-infused chocolates may interfere with the accuracy of third-party testing of cannabinoid levels mandated in many jurisdictions. This possibility, set out in a new study underscores the…
News September 22Canadian marijuana company Aurora ends fiscal year with CA$3.3B loss
Canadian marijuana producer Aurora Cannabis reported a net loss of more than 1.8 billion Canadian dollars ($1.4 billion) for its fourth quarter, ending its 2020 fiscal year with a CA$3.3…
News September 22Vermont is one step from legalizing adult-use cannabis sales
A bill that would legalize a commercial adult-use marijuana program in Vermont has been sent to the governor’s desk for his signature after the Senate passed the final version Tuesday…
News September 22Illinois gives recreational marijuana store applicants chance for a do-over
Illinois regulators are allowing some applicants for adult-use cannabis retail licenses an opportunity to correct their applications and refile before the state’s lottery for permits. The state announced finalists for…
News September 22Founder of cannabis firm CannaRegs sued for alleged securities fraud
A securities fraud lawsuit filed against the co-founder of the web-based marijuana rules monitoring firm CannaRegs underscores how company sales can lead to court battles among initial investors – a…
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