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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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NY-based cannabis firm iAnthus takes group to court in Canada
Vertically integrated multistate marijuana operator iAnthus Capital Holdings is taking legal action against an international investor group that claimed the New York company has defaulted on a $25 million convertible…
News February 28
Ontario nears 800 cannabis Retail Operator License applications
Since Ontario started accepting open market applications on Jan. 6, just under 800 Retail Operator License submissions have been filed for adult-use cannabis stores, as the province looks to get…
News February 28
Concerns looming over coronavirus impact on cannabis industry, but some US firms could gain from fallout
Marijuana and hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak. That’s largely because…
News February 28
Vermont House advances recreational marijuana bill
The Vermont House of Representatives on Thursday took the next procedural step to legalize adult-use cannabis sales in the state. A marijuana legalization bill that the House passed in a 90-54…
News February 27
In major shift, UN drug chief questions whether control treaties involving cannabis are out of date
The president of the narcotics enforcement agency of the United Nations is questioning whether the agency's decades-old drug conventions are outdated given global policy developments in recent years involving drugs such as…
News February 27
Deadline looms for Guam’s recreational cannabis rules
Guam’s Cannabis Control Board is preparing a public hearings schedule to discuss draft regulations to govern the territory’s adult-use marijuana industry.
News February 27
Multistate cannabis operator MedMen reports $96 million loss
California-based MedMen Enterprises, a once-thriving multistate marijuana retailer, released a “grim” quarterly financial report that detailed a whopping $96.4 million net loss in its fiscal 2020 second quarter. That loss was 49.3%…
News February 27
Australian firm signs binding cannabis supply deal with Germany’s Demecan
Perth, Australia-based Little Green Pharma has signed a binding three-year supply deal with German medicinal cannabis company Demecan. The purchase agreement with Demecan is for any combination of 1,000 kilograms…
News February 27
What marijuana companies can learn from federal legalization of hemp
The nationwide legalization of hemp in 2018 offers marijuana companies lessons in preparing for a highly scrutinized, commodity-driven industry that likely will reward nimble, well-run companies.
News February 27
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