Day: July 29, 2019

On:

Two top executives at the Canadian-based Auxly Cannabis Group resigned from the board of Dixie Brands, a Denver-based maker of cannabis-infused products. Hugo Alves, the president of Auxly, and Michael Lickver, senior vice president of strategy for the Vancouver, British Columbia-based cannabis company, announced their resignations Monday. No reason for theirContinue Reading

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While the Empire State’s legalization hopes fell short this year after seeing a wave of major support from around the state, New York Gov. Andrew Cuomo just signed off on the consolation prize: marijuana decriminalization. The legislation could help change the lives of nearly a million New Yorkers, thanks toContinue Reading

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Six companies challenged Utah’s medical marijuana grower licensing selections, which could further delay the program rollout set for next year. The state’s Division of Purchasing said Monday it received the appeals before Friday’s deadline from six unsuccessful applicants. Some applicants complain that Utah is granting licenses to unqualified cultivators; othersContinue Reading

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Marijuana Business Daily hired two equity research analysts to expand its coverage for investors in the cannabis space. Craig Behnke and Mike Regan will develop and oversee content for MJBizDaily‘s Investor Intelligence product. Both analysts have extensive backgrounds in financial and investment analysis as well as modeling that will enhance theContinue Reading

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A Philadelphia research center that initially was expected to provide an economic boost to the medical cannabis industry is fighting for survival. The Lambert Center for the Study of Medical Cannabis and Hemp is struggling in the wake of losing key staff and allegations of mismanagement and sexual harassment, accordingContinue Reading

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Among those surveyed, 49% reported reducing over-the-counter painkiller use since starting cannabis, and 52% reduced prescription drug use. The post USA Today Report: Cannabis Consumers Reduce Use of Pills, Booze appeared first on Leafly. Read More: USA Today Report: Cannabis Consumers Reduce Use of Pills, BoozeContinue Reading

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Customers from Idaho, where cannabis remains illegal, waited in line for more than three hours to shop at Weedology, a new store near the Oregon–Idaho border. The post Idahoans Flock to Cannabis Shop on Oregon–Idaho Border appeared first on Leafly. Read More: Idahoans Flock to Cannabis Shop onContinue Reading

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Arizona Attorney General Mark Brnovich approved a trial program allowing digital payments to medical marijuana dispensaries,  a move that could significantly influence the way the state’s unbanked MMJ firms transact business in the future. Brnovich noted in a news release that an Arizona startup, Alta, will allow cash-intensive businesses to make andContinue Reading

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Chicago-based Cresco Labs will rebrand its medical cannais dispensaries under the name Sunnyside, a move designed to put personal wellness at the center of its sales pitch. The marketing move, announced Monday by the vertically integrated multistate cannabis operator, also comes in advance of the 2020 launch of a recreational marijuanaContinue Reading