Count California-based MedMen as the latest U.S. marijuana company looking to Canada to raise money. The management and investment firm, which operates dispensaries and production facilities in California, New York and Nevada, plans to go public in Canada later this year, CNBC reported. The company will list its shares on the Canadian Securities ExchangeContinue Reading
The agency that regulates Oregon’s marijuana market has passed new rules that include heavier penalties for cannabis retailers and employees who sell product to minors. Effective immediately, first-time offenders will face 30-day license suspensions or a $4,950 fine, the Portland Business Journal reported. The new fine is triple the previous amount for the sameContinue Reading
Federal confusion about CBD and hemp is giving state lawmakers in three of the most conservative parts of the country a reason to back cannabis legislation that addresses the cannabidiol conundrum. Indiana’s Senate voted this week to legalize all CBD oil products in Indiana that contain up to 0.3% THC, IndianapolisContinue Reading
Canada’s black-market marijuana cultivation industry is larger than the country’s entire domestic brewing industry, according to a federal government agency, underscoring the importance that cannabis plays in Canada’s overall economy even before legalization this summer. The findings are part of the first batch of data released by Statistics Canada’s CannabisContinue Reading
British cannabis company GW Pharmaceuticals is hoping the U.S. Food and Drug Administration will sign off on its CBD-based epilepsy treatment, Epidiolex, as soon as this year. According to The Washington Post, GW is hoping to get the green light from the FDA to classify Epidiolex as a prescription drug,Continue Reading
Law enforcement raids on California dispensaries are not completely a thing of the past, especially for those that continue to sell cannabis without obtaining state or local permits. In recent days, at least three unlicensed dispensaries have been raided by local police in the Los Angeles suburb of Santa AnaContinue Reading
One writer tries out a cannabis gym in Colorado. As I drive the approximately 15 minutes from Downtown Denver to Wheat Ridge, my adrenaline begins to build. Located in a remodeled basement, Break the Stigma Fitness is the first cannabis-friendly gym in America. I had signed up to take oneContinue Reading
Colorado marijuana regulators have chosen to continue the contract with Metrc for the state’s seed-to-sale tracking system. According to the Denver Post, Colorado’s Department of Revenue plans to add three years to its contract with Franwell, the Florida-based company that developed Metric. Here’s what you need to know: Colorado hasContinue Reading
New Jersey’s governor looks to improve the state’s medical marijuana program, California cannabis growers are suing the state over licensing, and Massachusetts MMJ inspections uncover numerous violations. Here’s a closer look at some notable developments in the marijuana industry over the past week. New Jersey MMJ expansion? The Garden State’sContinue Reading
