Day: May 30, 2019 (Page 2)

Arizona law firm ordered to pay $150K for meritless marijuana suit

On: May 30, 2019

Arizona’s highest court has concurred that a Phoenix law firm must pay roughly $150,000 in legal fees for filing a frivolous lawsuit against the town of Snowflake and Copperstate Farms, a large medical cannabis grower. The suit challenged Snowflake’s decision in 2016 to issue a permit allowing Copperstate to cultivateContinue Reading

Gov. Polis Just Broadly Expanded Cannabis Investment Opportunities in Colorado

On: May 30, 2019

Colorado Governor Jared Polis signed off on a bill on May 29 that will greatly expand investment opportunities in the state’s cannabis market. The bill will allow cannabis companies operating in Colorado to become publicly traded companies and expand the kinds of funding those companies could access come November whenContinue Reading

Alberta to license 115 new cannabis stores over next six months if supply keeps rising

On: May 30, 2019

Alberta regulators have reversed a moratorium on the issuance of new adult-use marijuana retail permits after seeing a “modest but steady” improvement in the province’s cannabis inventory over the past two months. The province stopped accepting new applications for marijuana stores in late November after federally licensed cultivators delivered onlyContinue Reading

Hemp Industry Creating Tens of Thousands of Jobs for American Workforce

On: May 30, 2019

While the United States workforce may still have a ways to go before it reaps the economic benefits of a national cannabis industry, many working-class stiffs could get a taste for how this agricultural sect is going to impact the population as its non-intoxicating cousin prepares to go big timeContinue Reading

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