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Memo alleges obstruction in Missouri medical marijuana licensing probe
The counsel for the Democratic legislative caucus in Missouri alleges that state medical marijuana regulators obstructed an investigation into the MMJ program by withholding critical information during hearings earlier this…
News September 16
Vermont lawmakers set to legalize recreational cannabis sales, though governor a question mark
Vermont could become the second state in the nation to legalize adult-use marijuana sales through its legislature if a compromise measure hammered out by lawmakers passes both chambers and is…
News September 16
Canadian cannabis retailer High Tide posts sequential revenue growth
Canadian cannabis retail chain High Tide reported revenue of 23.2 million Canadian dollars ($17.6 million) for the quarter ended July 31, an 18.6% increase over the previous quarter's revenue.
News September 16
New medical cannabis product recall in Germany
Cologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination above acceptable levels was detected, Marijuana Business Daily has learned.
News September 16
Canopy Rivers’ cannabis joint venture PharmHouse gets creditor protection
PharmHouse, a Canadian cannabis joint venture partly owned by venture-capital firm Canopy Rivers, received an initial court order granting creditor protection while the company explores restructuring.
News September 16
New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed
A second round of multistate marijuana operators are rapidly expanding their geographic footprints, taking advantage of acquisition and licensing opportunities as well as their ability to raise financing. The companies…
News September 16
New Jersey adding more medical cannabis dispensaries
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday - in advance of even more opening in the coming months.
News September 16
Four tips to navigate cannabis mergers and acquisitions in a distressed market
In the midst of an extended economic downturn, cannabis companies have few options for raising capital. Equity remains elusive, while debt and sale-leasebacks are generally available only to those with…
News September 16
Maine licenses first recreational marijuana manufacturing facility
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along with two adult-use cannabis stores to begin sales when the market launches Oct. 9. According to the Portland Press…
News September 15
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