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Denver awards first license for medical marijuana R&D
The city of Denver issued its first medical marijuana research and development license to study MJ-related treatments for diseases. The license went to Denver-based medical marijuana company MedPharm. The permit…
News June 18
Bierman and Modlin leave board of cannabis firm MedMen
The co-founders of California-based multistate marijuana operator MedMen are completely out of the company, having relinquished their roles on the board of directors.
News June 18
New Australian law looks to boost cannabis exports after COVID-19 threat passes
Australia has amended pertinent laws in an effort to put its medical marijuana and hemp exporters in a position to "come out firing" after the COVID-19 crisis eases, the country's…
News June 18
Acreage subsidiary challenges Maine city’s marijuana residency rule
Maine’s largest medical marijuana company is suing the city of Portland in federal court, claiming that an adult-use licensing preference for residents violates the commerce clause of the U.S. Constitution.…
News June 18
Hexo completes sale of cannabis greenhouse acquired from Newstrike
Hexo Corp. completed the sale of the Niagara, Ontario-based cultivation facility it acquired as part of a 263 million Canadian dollar ($193 million) deal to buy Newstrike Brands last year.
News June 18
Delta 9, Manitoba Hotel Association partner up with eye on lodging distribution
Manitoba cannabis producer and retailer Delta 9 Cannabis has inked a deal to be the "exclusive cannabis partner" of the Manitoba Hotel Association (MHA), a transaction that could promote development…
News June 18
Recent looting targeting marijuana shops disrupts supply chain, producing fallout in some wholesale markets
Robberies and looting that targeted cannabis retailers during the recent nationwide protests over the death of George Floyd have upended the marijuana supply chain in several markets, at least for…
News June 18
Arkansas awards sixth medical cannabis grow permit as sales rise
Arkansas regulators approved a sixth cultivation license to support a rapidly growing medical cannabis market nearing $100 million in total sales.
News June 17
Marijuana firm Acreage gets $15 million loan at 60% interest rate
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a whopping 60% yearly interest rate, the company said Wednesday.
News June 17
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