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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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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
Chart: Montana medical marijuana patient count continues rapid growth
Montana’s medical cannabis program - already one of the largest in the nation on a per capita basis - posted year-over-year, double-digit patient count growth in January.
News February 25
Medicine Man updates revenue for eliminations, announces plan for new name
Denver-based Medicine Man Technologies reduced its pro forma revenue guidance but maintained its pro forma margin and EBITDA guidance via a new presentation filed with the SEC that outlines the story…
News February 24
No need to raise Iowa’s medical cannabis sales cap, governor says
Iowa’s governor believes the state’s proposed limit on how much medical marijuana a dispensary can sell an individual is adequate. The state’s Medical Cannabidiol Board recommended earlier this month the removal of…
News February 24
Maine issues guidance on marijuana advertising
In an effort to keep Maine’s cannabis businesses compliant with state laws, regulators issued a reminder guidance regarding how to advertise. The state’s Office of Marijuana Policy released the guidance after…
News February 24
Luxembourg’s government reportedly weighs plan to legalize recreational marijuana
Luxembourg’s federal government is reported to be weighing plans to legalize recreational cannabis through a tightly controlled market that would offer entrepreneurs a limited number of production and retail licenses.…
News February 24
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