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Tribes in two states considering cannabis opportunities
An American Indian tribe in Oklahoma is exploring ways to become involved in the marijuana industry, while a South Dakota tribe will vote on whether to legalize medical and adult-use…
News January 24MedMen raises eyebrows as it considers equity to pay bills
California-based MedMen's attempts to renegotiate payment terms with vendors - including the use of equity for those payments - raises some big questions about the health of the multistate operator.
News January 24Missouri licenses 192 medical marijuana dispensaries
It took only two days for Missouri regulators to award all 192 medical cannabis store licenses in the state. Voters approved a constitutional amendment in 2018 that requires the state’s Department…
News January 24Alaska licenses state-approved social cannabis consumption
Marijuana stores in Alaska will be among the first in the United States where state-sanctioned on-site consumption is permitted. Alaska regulators approved licenses for the first retail stores where customers…
News January 24Aphria secures CA$100 million injection from anonymous investor
Canadian cannabis producer Aphria said Friday it has entered into an agreement with an institutional investor for a strategic investment worth 100 million Canadian dollars ($76 million). Chief Corporate Affairs Officer Tamara…
News January 24Canadian medical cannabis firms eligible for federal government funding
Medical marijuana companies in Canada interested in exploring business opportunities overseas are eligible to receive financial aid and other forms of support from the federal government through Canada's Trade Commissioner Service…
News January 24Cannabis firms cautiously optimistic New York could legalize adult-use sales this year
New York Gov. Andrew Cuomo has revived the prospects for legalizing recreational marijuana sales in 2020 through the state’s Legislature, but cannabis businesses are taking a tentative approach after legalization…
News January 24California to require marijuana retailers to exhibit QR code
Citing the 2019 vaping crisis, California cannabis regulators on Thursday mandated that licensed marijuana retailers and distributors display a QR code in order to differentiate legal cannabis businesses from illicit ones.
News January 239,000 vape cartridges recalled from Detroit medical cannabis store
Michigan regulators recalled 9,380 vaping cartridges containing vitamin E acetate sold by a licensed medical marijuana dispensary in Detroit. The vape cartridges recalled by the state’s Marijuana Regulatory Agency (MRA) came from…
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