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Hemp operators are already unwinding ahead of federal ban
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Hemp companies in financial trouble now have option to seek bankruptcy protection – but there are alternatives to try first
Hemp companies have experienced a perfect storm of obstacles since legalization in late 2018 - an uncertain regulatory environment, overproduction in 2019, ongoing challenges with access to banking and financial…
News July 1
Maine edges closer to starting $300 million adult-use cannabis market, though opt-outs and license caps linger
Maine is inching toward launching a projected $300 million-a-year recreational marijuana market perhaps by the fall, nearly four years after residents voted to legalize adult use. Former Gov. Paul LePage,…
News July 1
California cannabis market a challenge, but it’s not all doom and gloom
Experts agree the California recreational marijuana market is extremely challenging because of high tax rates, huge illicit production and consumption as well as an uncertain economy amid the coronavirus pandemic.…
News June 30
Marijuana edibles maker Dixie Brands changing name to avoid causing ‘pain’
Denver-based marijuana edibles producer Dixie Brands said it will change its name in a move to separate itself from the historic context of the word “Dixie” and to “stand shoulder…
News June 30
NJ is key to East Coast adult-use cannabis legalization, stakeholders say
New Jersey is the “linchpin” for coming recreational marijuana legalization on the East Coast, a panel of industry experts said Tuesday on the second day of MJBizConNEXT Direct, Marijuana Business…
News June 30
Second medical marijuana provider in Louisiana poised to roll out products
Only two entities in Louisiana – both colleges – are authorized to produce medical marijuana for patients, and Southern University on Wednesday is expected to join Louisiana State in rolling…
News June 30
Illinois delays awarding 80 cannabis business permits
The governor of Illinois on Monday signed an executive order delaying the issuance of 80-plus marijuana business permits that were scheduled to be awarded on July 1, and now it's…
News June 30
Cannabis sector can boost economy post-pandemic, Canadian chamber says
Canada’s cannabis industry can help create jobs in the post-pandemic economic recovery, the nation’s largest business association says, despite challenges recently faced by some domestic producers. To that end, the…
News June 30
The ins and outs of medical cannabis distribution in Germany
An ability to draw a distinction between an importer and wholesaler of medical cannabis is essential to the understanding of the German distribution market, says Jakob Sons, co-founder of Frankfurt-based…
News June 30
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