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No edibles under New Zealand’s medical cannabis scheme, government says
Businesses will be barred from marketing cannabis edibles under New Zealand’s medical program, which kicks off in April, the government confirmed to Marijuana Business Daily, eliminating for now the opportunity…
News January 23
Cresco Labs secures up to $200M in debt for marijuana operations
Cresco Labs, a multistate cannabis operator based in Chicago, said it has secured up to $200 million in debt funding from a syndicate of lenders. The money is earmarked for:…
News January 23
Thailand issues 442 medical cannabis licenses, but full market access years away, report says
Thailand is on track to be competitive in the nascent Asian medical marijuana and hemp markets, but the full commercialization of the sector and liberal access for private businesses is…
News January 23
First cannabis consumption site in Illinois gets nod
Illinois’ capital city approved the first social consumption marijuana establishment in the state. Illinois Supply and Provisions plans to connect the consumption space to its recreational and medical marijuana store in…
News January 23
Two years in, California’s legal marijuana businesses struggle with financial woes as they battle illicit market
Licensed California cannabis companies face a business climate that's arguably more dire than ever before, despite the hope that came with the launch of legalized adult-use sales in January 2018.
News January 23
German pharmacies have new pharmaceutical CBD supplier
The medical cannabidiol market is becoming more competitive in Germany, as 2020 kicks off with one new CBD option that pharmacists can dispense to patients. A Cologne, Germany-based distributor of…
News January 22
S&P, Toronto Stock Exchange launch cannabis indices
Two indices tracking the performance of cannabis companies on North America's largest stock exchanges have launched in recent months, demonstrating a growing level of mainstream interest in the burgeoning industry.
News January 22
US House lawmakers make marijuana banking reform pitch to key senator
The four lead sponsors of the successful cannabis banking bill in the U.S. House of Representatives are urging the chair of a key U.S. Senate panel to work in partnership…
News January 22
Illinois adult-use cannabis stores might face more shortages
Recreational marijuana sales in Illinois could be hurt by a surge in medical cannabis applications with the Jan. 1 launch of adult-use sales. More than 2,570 people applied for medical marijuana…
News January 22
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