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Chart: Cannabis industry, MJBizCon continue growth trends

Fueled by continued growth in the cannabis industry - both domestically and internationally - the number of attendees, exhibitors and exhibition space at MJBizCon 2019 reached all-time highs.

News December 18
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Cannabis comp tables as of Dec. 17 – now excluding excess cash

This comp table provides a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.

News December 17

Illegal cultivation

California agency filed a lawsuit against Lowell Herb, alleging the Los Angeles-based company had processed marijuana without a license in San Luis Obispo County in California between December 2018 and…

News December 17
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Most marijuana insurance claims involve theft

Roughly 90% of cannabis insurance claims in the U.S. industry involve theft, according to Gerrit Nagarwalla, a claims supervisor at London-based Canopius Group. He also suspects much of the thefts involve…

News December 17
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California firm charged with illegal cannabis grow

A California agency filed a lawsuit against Lowell Herb, alleging the Los Angeles-based company processed marijuana without a license in the state’s San Luis Obispo County between December 2018 and…

News December 17
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New Jersey residents to vote on adult-use marijuana next year

In a historic vote, a supermajority of New Jersey lawmakers passed a proposed ballot question on Monday to legalize recreational marijuana, putting the referendum before voters on the 2020 ballot. The…

News December 17
marijuana testing

First lab applies for Maine recreational cannabis testing license

Nelson Analytics became the first lab in Maine to apply for a certification to test adult-use marijuana in the state. Testing for pesticides, heavy metals and residual solvents likely won’t…

News December 17
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Italy to nearly triple domestic medical cannabis production in 2020

The Italian Ministry of Health plans to almost triple the quantity of medical marijuana to be produced domestically in the coming year. This signals the intention of the government to rely to…

News December 17
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Chicago mayor floats recreational marijuana idea for minorities

Chicago Mayor Lori Lightfoot is pushing a social equity program in which the city would use up to $15 million in seed money to grow its own recreational marijuana in…

News December 17
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