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California Marijuana Notebook: Tax issues loom high on the agenda for state’s cannabis industry
Even with all the upheaval of the past two years, ongoing shifts in the market involving tax increases, 280E and the potentials surrounding exporting cannabis from state to state might…
News February 26Comp Tables as of Feb. 24, 2020: Multiples compress
These comp tables provide a benchmark for private investors to evaluate existing and future investments, a way for companies to judge their own valuations for current and future capital raises…
News February 25
Florida Cannabis Market Update: Smokable form share gains
Marijuana in smoking form is the most popular method of consuming THC in Florida, accounting for approximately 65% of consumption (measured in milligrams of THC).
News February 25
Regulators want funding to speed up Massachusetts marijuana licensing
Massachusetts regulators are seeking additional money from the state in order to cut in half the time required to obtain a cannabis business license.
News February 25
Pennsylvania approves four firms to grow cannabis for research
Four more medical marijuana companies – including multistate operator Curaleaf – have been approved by Pennsylvania regulators to grow MMJ that state universities can use for research. Curaleaf, which is based…
News February 25
Tainted marijuana sold by 30 Nevada retailers
Nevada issued a health advisory for 20 different contaminated cannabis products that were sold at 30 retail marijuana stores across the state. The retailers sold marijuana flower and pre-rolls that failed an…
News February 25
Directors and officers liability insurance is increasingly important – and costly – for cannabis companies
Cannabis industry authorities predict more bankruptcy filings and insolvency proceedings by cannabis companies in 2020. Under this scenario, businesses low on cash struggle to raise funds or are unable to…
News February 25
Paraguay issues first 12 medical cannabis production licenses
Paraguay granted the first 12 licenses allowing companies to become vertically integrated producers of medical cannabis, paving the way for the South American country to become a low-cost producer of…
News February 25
Arkansas medical marijuana firm sues over replacement license
An Arkansas medical cannabis company filed a lawsuit against three state agencies over a failed bid to win a dispensary license. Medicanna filed the suit in Pulaski County Circuit Court…
News February 25
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