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Illinois social equity program flawed, advocates say, but it’s best in cannabis industry so far
Illinois' social equity provisions for cannabis companies are considered among the most forward-thinking in the country, yet some advocates and business insiders say the rules don't go far enough to…
News July 10CA marijuana exec sues MedMen affiliate Captor Capital for fraud, more
A longtime Southern California marijuana entrepreneur and executive filed suit against Toronto-based Captor Capital - a former financial partner of MedMen Enterprises - for fraud, breach of contract and other…
News July 9Researchers find promising link between THC and COVID-19
Could cannabinoids be used to help treat COVID-19? Many of the symptoms of the disease caused by the SARS-CoV-2 virus result from excessive inflammation after the release of cytokines. That…
News July 9Dutch cannabis supply to Germany partially restored after short delay
Dutch medical cannabis shipments to Germany have partially been restored after a short delay, and some German wholesalers started receiving flower deliveries in recent days, Marijuana Business Daily has learned.…
News July 9Biden task force takes states-rights approach to cannabis legalization
A joint Joe Biden-Bernie Sanders task force has recommended rescheduling marijuana on a federal basis, legalizing medical marijuana nationwide and allowing states to decide about recreational cannabis. The recommendations have…
News July 9Marijuana tissue-culture technology company raises more than $15 million
Conception Nurseries, a Sacramento, California-based cannabis genetics firm, raised $15 million with the addition of approximately $12 million in a Series A funding round to help add scale and automation…
News July 9Oklahoma medical cannabis regulators won’t rush to enforce new rules
Oklahoma medical marijuana regulators won’t immediately enforce a stricter two-year residency requirement and a 1,000-foot school buffer zone rule that could put many dispensaries out of business in the fast-growing…
News July 9Canopy Growth shuns pharmaceutical cannabis research
There has been no shortage of signs that Canopy Growth Corp. is steering off the course set by co-founders and former co-CEOs Bruce Linton and Mark Zekulin. Perhaps the biggest…
News July 9New Brunswick retailer Cannabis NB posts second profitable quarter
New Brunswick’s government-owned marijuana retailer, Cannabis NB, posted its second consecutive profitable quarter, reporting a gain of 1.4 million Canadian dollars ($1 million) for the period ended June 28. Cannabis…
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