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Hemp operators are already unwinding ahead of federal ban
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Only 2% of Long Beach, CA, marijuana social equity applicants operating
Just one out of 50 business applicants who qualified for Long Beach’s marijuana social equity program has actually entered the California city’s cannabis industry. The astonishingly low 2% participation rate…
News July 20
Rhode Island approves first medical cannabis lab
Rhode Island licensed its first lab to test medical marijuana, a move that likely will prove beneficial to the dispensary and cultivation operators who had been contracting private labs or…
News July 20
Aurora Cannabis committed to German cultivation despite fresh European cuts
Alberta, Canada-based Aurora Cannabis is downsizing its workforce in Europe, but the company says it remains committed to producing medical marijuana in both Denmark and Germany, Marijuana Business Daily has confirmed.…
News July 20
Flurry of investor interest in Arizona sparked by prospect of recreational marijuana legalization
Investors and cannabis companies are jockeying for a stake in Arizona’s $750 million-plus marijuana market in advance of a likely adult-use legalization ballot initiative in November.
News July 20
How marijuana companies can prepare for the dawn of federal legalization
Though U.S. cannabis entrepreneurs might be skeptical that federal marijuana reform will happen anytime soon, experts say it’s not too early to prepare for that monumental event.
News July 19
Week in Review: Israel’s impressive cannabis import totals, sizzling marijuana sales, social equity guidelines & more
The world’s largest importer of cannabis flower is … Israel surpassed Germany in 2020 as the top global importer of cannabis flower. As of mid-2020, German flower imports totaled a…
News July 18
Massachusetts marijuana corruption trial pushed until early 2021
The trial of a former Massachusetts mayor accused of trying to extort $600,000 from at least four prospective marijuana businesses was delayed for a second time because of the coronavirus…
News July 17
California REIT, Curaleaf strike $5.5M cannabis deal on New Jersey property
Innovative Industrial Properties, a San Diego-based, marijuana-centric real estate investment trust (REIT), has solidified yet another sale-leaseback deal, this time partnering on a New Jersey property with multistate operator Curaleaf…
News July 17
Arkansas medical marijuana growers sue to keep others from entering market
Five Arkansas companies with permits to grow medical cannabis are suing to stop three more cultivation licenses from being issued.
News July 17
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