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Battling insurers in the aftermath of lootings: Q&A with California cannabis executive Keith Stephenson
Keith Stephenson’s 14-year-old Oakland cannabis shop, Purple Heart Patient Center, was one of scores that were ransacked the weekend of May 29 during widespread Black Lives Matter protests in California…
News August 17
Struggling economy might signal time for cannabis businesses to seek out real estate deals
The COVID-19 crisis and ensuing economic downturn have created opportunities for cannabis companies to finagle deals on real estate belonging to mainstream businesses or marijuana firms that are scaling back…
News August 16
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45 million Canadian dollars), according to the proxy statement the company released after…
News August 15
Maine sets October date to commence recreational cannabis sales
In a long-awaited move, Maine regulators set an Oct. 9 date for recreational cannabis sales to begin, nearly four years after voters approved adult-use sales. The state’s Office of Marijuana…
News August 14
Marijuana legalization plaintiffs make final plea to US Supreme Court
The federal statute criminalizing cannabis should be declared unconstitutional, according to a petition filed with the U.S. Supreme Court. The 3-year-old case, if the Supreme Court decides to hear it,…
News August 14
Canada asks cannabis users to buy legal edibles after kids eat illicit ones
Canada’s federal health authority is advising consumers to buy cannabis exclusively from authorized retailers after reports of children eating illicit-market products. “Children are accidentally ingesting illegal edible cannabis products and…
News August 14
Cannabis REIT Innovative Industrial Properties on a roll with $100M in recent outlays on cultivation, distribution sites
Innovative Industrial Properties is on a marijuana shopping spree, having spent $100 million since April to buy cultivation and distribution facilities around the nation while providing cannabis operators with sorely…
News August 14
Canada’s medical cannabis market plateauing since recreational legalization – at least for now
The number of active medical marijuana registrations in Canada appears to have leveled off about a year after adult-use cannabis was legalized in the fourth quarter of 2018, but industry…
News August 14
Montana adult-use cannabis legalization OK’d for November ballot
A citizen initiative in Montana to legalize a commercial recreational marijuana program gathered enough valid signatures to appear on the November ballot, according to the Secretary of State’s office. The…
News August 13
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