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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
Clever Leaves claims first EU-GMP cannabis certification in Latin America
Clever Leaves, an international cannabis company with its main operations in Colombia, said Thursday it obtained EU-Good Manufacturing Practice certification "to produce Active Pharmaceutical Ingredients (API), semi-finished and finished cannabis products…
News July 9
As Pennsylvania’s medical cannabis sales soar, recreational market prospects brighten
Pennsylvania’s medical cannabis market, praised for its smooth operation, is expected to nearly double to $400 million-$500 million in sales this year and reach $1 billion in sales within three…
News July 9
L.A.’s 100 extra retail marijuana permits a result of settlement, plaintiff says
The Los Angeles City Council’s decision to double the number of social equity retail marijuana licenses was the result of a court room settlement, according to a plaintiff in the…
News July 8
Handful of cannabis-related firms received coronavirus stimulus money
Roughly a half-dozen companies with ties to the cannabis industry received $3.5 million to $8.7 million from the federal government’s Paycheck Protection Program designed to help small businesses keep workers…
News July 8
California enacts tax warrants in fight against illicit marijuana businesses
In California’s ongoing battle against the illicit cannabis market, the state’s central tax collection agency served a dozen tax warrants to illegal marijuana retailers in Southern California in recent weeks.…
News July 8
Canadian cannabis inventory soars to new high, indicating more pain ahead for producers
Federally licensed producers in Canada are stockpiling more cannabis than ever, new figures from the Canadian government show, indicating that some producers are in store for more financial pain as…
News July 8
More hurdles for marijuana MSO MedMen in Arizona, California – and in court
Bad news continues to pile up for California-based MedMen Enterprises. After the multistate operator’s founders stepped down from leadership roles in January, their replacements have continued to struggle to right…
News July 8
Oklahoma now enforcing medical cannabis product testing
Oklahoma medical marijuana regulators are administering laboratory testing after a three-month grace period to ensure enough licensed labs are in place amid the coronavirus pandemic. The mandatory testing requirements apply…
News July 7
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