Maryland offers funds to help medical marijuana operators move into adult use
Maryland is offering grants and loans to help existing medical marijuana companies move into the state’s impending adult-use cannabis market.
Maryland is offering grants and loans to help existing medical marijuana companies move into the state’s impending adult-use cannabis market.
Marijuana grown under a Colorado medical cultivation permit can now be reclassified as retail and sold in adult-use stores, one of a bevy of new rules that went into effect in the state Thursday.
Social equity applicants for marijuana businesses in Washington state will be able to apply exclusively for a number of revoked cannabis retail licenses after legislators passed a law Tuesday aimed at boosting the participation of minorities in the industry.
Could it be a win-win deal?
An increasing number of investors – including mainstream investment banks new to cannabis – have begun seeking out cash-strapped marijuana companies with the aim of pumping money into them to provide a financial lifeline.
Jushi Holdings, a Florida-based marijuana company, closed an agreement to acquire Pennsylvania-based Franklin Bioscience in a $63 million deal.
Ontario’s first legal cannabis retail shops open for business, Texas removes hemp from controlled substance list, New Hampshire approves bill and more.