Day: March 28, 2019 (Page 2)

On:

LEDs have proven to be more efficient for growing marijuana for years. Can this new kind of LED make growing cheaper and more efficient? The post These New LEDs May Be the Future for Growing Marijuana appeared first on Leafly. Read More: These New LEDs May Be theContinue Reading

On:

Arizona-based Hypur Ventures announced it’s rolling out a half-billion-dollar cannabis investment fund intended to inject even more capital into both the marijuana and hemp sectors. Dubbed Hypur Ventures II, the fund will focus partially on mergers, acquisitions and rollup opportunities but also on “seasoned operators” with still-maturing private companies. IndividualContinue Reading

On:

Ontario-based cannabis firm CannTrust plans to establish a large outdoor grow operation in Canada to provide low-cost production inputs for extraction-based products. CannTrust “believes it will be a leader in outdoor growing capability, which will leverage its proprietary genetics and has the potential to accelerate the company’s low-cost production advantage,”Continue Reading

On:

Congress made progress on two of the most prominent cannabis reform bills this week, setting up key votes that could greenlight cannabis banking and OK state-level legalization. The post Enough Talk! Congress Takes Action on Key Cannabis Legislation appeared first on Leafly. Read More: Enough Talk! Congress TakesContinue Reading

On:

An unlicensed medical cannabis dispensary in Detroit has sued the state, just days before regulators are poised to shutter shops that have not obtained appropriate permits. Green Genie filed suit to allow unlicensed dispensaries to stay open past a March 31 deadline, MLive.com reported. Roughly 50 dispensaries are facing cease-and-desistContinue Reading

On:

Mexico’s main regulatory body for medical cannabis revoked key guidelines used as the basis for issuing dozens of import licenses for low-THC products, putting the status of those permits into question, pending a government review. Toward the end of President Enrique Peña Nieto’s term last fall, Mexico’s Federal Commission for the ProtectionContinue Reading

On:

A key U.S. House committee voted resoundingly Thursday to provide federal protection for financial institutions that serve state-authorized marijuana and ancillary businesses, a landmark development for cannabis banking legislation. The House Financial Services Committee voted 45-15 to advance the bill, the Secure And Fair Enforcement (SAFE) Banking Act, after amendingContinue Reading