The California-based marijuana giant MedMen released a false statement this week saying it had signed a definitive agreement to acquire a licensed dispensary from Berkeley Patients Group, one of the nation’s oldest marijuana retailers. After the statement was reported by news outlets and shared on social media, Étienne Fontán, theContinue Reading
Washington state regulators Friday abruptly reversed a recent decision halting the production of certain marijuana edibles and will now allow infused product makers to manufacture state-approved gummies and hard candies, a spokesperson for the state’s Liquor and Cannabis Board (LCB) told Marijuana Business Daily. The reversal – which came after fierce industryContinue Reading
Following a decision from Great Britain’s Home Office, doctors will be permitted to prescribe cannabis oil and other medical marijuana preparations starting on Nov. 1. The change will first take effect in Northern Ireland, but England, Scotland and Wales are to shortly follow. As BBC News reports, the Northern Ireland Department of Health,Continue Reading
Hawaii’s first and biggest cannabis testing lab is sending back a sizable percentage of the medical marijuana it tests for contaminants. Hawaii News Now reports that Honolulu-based Steep Hill Hawaii is rejecting 20%-30% of the marijuana that comes through its doors. Michael Covington, chief operations officer for Steep Hill Hawaii,Continue Reading
Forging physician signatures can get someone booted from the marijuana industry and could lead to jail time. That’s the hard lesson Carolan Krajewski, owner of Delaware Holistic Medicine, which provided health records to help patients get medical marijuana cards, is learning after pleading guilty to tampering with public documents. TheContinue Reading
Multistate cannabis operator Cresco Labs is looking to go public in Canada via a reverse takeover (RTO), the latest U.S. firm to use this path to a listing on the Canadian Securities Exchange (CSE). The firm announced Wednesday that it’s pursuing an RTO of Randsburg International Gold (RGZ.H), an Ontario-based firmContinue Reading
Three former executives claim in a new lawsuit that prominent California marijuana consultant Avis Bulbulyan is a “talented prevaricator” whose “entire professional image is built on a carefully manufactured foundation of deceptions.” The suit, filed last week by Lance Ott, David Yeager and Steve Baghoomian alleges Bulbulyan lured them toContinue Reading
Oklahoma banking officials are urging financial institutions to be cautious or even stay clear of the state’s nascent medical marijuana industry, dealing a potential setback to MMJ companies hoping to secure accounts with local banks or credit unions. Oklahoma banking commissioner Mick Thompson told a legislative working group that financialContinue Reading
Sweet Leaf’s owners strike a deal with Colorado marijuana regulators, New Jersey and Illinois take steps to bolster their medical cannabis markets, and Alaska overhauls its MJ business taxes. Here’s a closer look at some notable developments in the cannabis industry this week. Sweet Leaf hit hard The owners ofContinue Reading
