Nevada marijuana business faces flurry of financial fraud suits
CWNevada, one of Nevada’s largest cannabis companies, has been sued for alleged fraud, failure to repay millions of…
News September 7
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FL cannabis lobbyist turned political candidate sees second bank account shut
A second bank has terminated the campaign account of Nikki Fried, a pro-medical marijuana Democrat who is running…
News September 7
Former North Dakota AG leads new group opposing legalized marijuana
As North Dakota voters look to decide whether to approve adult-use cannabis in the state’s November general election,…
News September 7
US cannabis listings in Canada rise as investor interest spikes
A record number of U.S.-based marijuana companies are turning to Canada to fund aggressive expansion in the United…
News September 7
MedMen inks CA$75M equity financing deal to expand US cannabis operations
Los Angeles-based MedMen Enterprises says it expects to raise up to 75 million Canadian dollars ($57 million) in…
News September 7
Week in Review: Long wait for Oregon rec cannabis permits, OK docs told no MMJ & New Jersey deluged by applicants
New recreational cannabis applicants in Oregon have to wait at least a year for a license, many Oklahoma…
News September 7
California marijuana company Canndescent closes $13 million funding round
California marijuana cultivator Canndescent announced Thursday that it has closed a $13 million Series C Convertible funding round…
News September 6
SEC sues cannabis investment fund, warns investors about MJ industry ‘scam artists’
The U.S. Securities and Exchange Commission charged a marijuana-focused investment fund with bilking investors out of more than…
News September 6
New Jersey flooded with applications for six medical marijuana licenses
New Jersey received 146 applications for six new medical marijuana licenses, an expansion that will double the number of…
News September 6
Judge: Oregon county’s lawsuit against state cannabis law should be dismissed
A federal lawsuit filed by a southern Oregon county with a large number of cannabis growers looks likely…
News September 6
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