Month: January 2018

Capital raises in the marijuana industry appear to be continuing unabated since the issuance of the Sessions Memo on Jan. 4. Country music star Willie Nelson’s cannabis company joined the marijuana funding fray Wednesday with the announcement of a $12 million raise for expansion into new markets. Nelson’s company, GHCContinue Reading

While advocates do not expect the bill to pass this year, they’re still excited about the bill’s prospect for moving the needle forward on marijuana legalization in New Mexico. New Mexico State Representative Javier Martinez introduced House Bill 312 to tax and regulate marijuana on Wednesday. The bill puts forthContinue Reading

A licensed producer of medical marijuana in Ontario has recalled a small amount of dried marijuana due to a labeling error. Leamington, Ontario-based Aphria issued the voluntary recall for two lots of dried marijuana sold in 10-gram bottles produced between Jan. 19 and Jan. 22. The labels failed to includeContinue Reading

A slow start to implementing regulations for California’s recreational marijuana program has impeded sales of Scotts Miracle-Gro’s hydroponics division this year. Several factors have contributed to the Golden State’s sluggish cannabis rollout, including: A majority of localities are dragging their feet on developing rules. A slow conversion of the grayContinue Reading

A massive marijuana production operation on the drawing board in Quebec could yield enormous financial benefits for the province if it’s fully built out, according to a preliminary economic assessment by accounting firm Deloitte. According to a news release, Vancouver, British Columbia-based MYM Nutraceuticals is planning infrastructure investments worth moreContinue Reading