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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 10
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CA 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 9
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Researchers 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 9
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Dutch 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 9
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Biden 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 9
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Marijuana 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 9
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Oklahoma 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 9
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Canopy 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 9
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New 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…

News July 9
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