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Week in Review: US lawmakers call for more marijuana research, some Cresco Lab employees in IL unionize, Trulieve addresses short sellers & more
U.S. lawmakers and experts tell a congressional panel that the federal government needs more cannabis research, some marijuana employees in Illinois vote to unionize, Trulieve refutes a short-seller report -…
News January 18Washington state marijuana group wants its legislation withdrawn
The Washington CannaBusiness Association (WACA) on Friday requested that legislation it proposed last September to create a cannabis social equity fund be withdrawn for consideration this year. WACA requested the withdrawal…
News January 17Recent decisions on tax fines offer ray of hope for cannabis industry around burdens of IRS’ 280E
The U.S. Supreme Court’s decision this week not to consider a Colorado Supreme Court ruling on a tax fine – coupled with dissenting opinions in a recent case involving a…
News January 17Tilt changes cannabis ‘management and loan’ practices in Massachusetts
Tilt Holdings, a Massachusetts-based marijuana company being investigated for allegedly trying to control more than the state-allowed three cannabis stores, has backed off the practices that got it into trouble…
News January 17Analyst: Most Canadian marijuana firms not ready for next wave of products
The majority of Canadian cannabis companies were not ready for the launch of new cannabis products such as edibles, extracts and topicals, despite having more than a year to prepare…
News January 17Marijuana tech firm Fyllo buys Denver’s CannaRegs for $10 million
Chicago-based Fyllo, a digital marketing firm that focuses on the cannabis industry, on Friday said it has agreed to pay $10 million to acquire Denver-based CannaRegs. CannaRegs provides a web-subscription…
News January 17European Commission falls short on WHO cannabis recommendations, experts say
The European Commission's proposal that European Union-member countries support three of the six World Health Organization (WHO) cannabis scheduling recommendations does not merit much celebration from the cannabis industry, according to international drug…
News January 17AR rejects sale of medical cannabis licenses for unopened stores
Arkansas regulators nixed the sale of two medical marijuana dispensary licenses, displeased that the owners didn’t take significant efforts toward opening the operations. The Arkansas Medical Marijuana Commission unanimously voted…
News January 17Florida Cannabis Market Data: Who leads in the Sunshine State?
Florida is a large and lucrative medical marijuana market, so keeping track of who is gaining or losing market share on store count, grams of THC, grams of CBD and…
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