Day: September 25, 2019 (Page 2)

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Earnouts are a common risk-allocation provision in cannabis and hemp mergers and acquisitions used to bridge the business-value gap between a business owner and an acquirer. Why earnouts matter in cannabis M&A is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ReadContinue Reading

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Once customers verify they’re at least 21, legal products will arrive at their door. Look for it to start early next year. The post Cannabis Delivery Wins Final Approval in Massachusetts appeared first on Leafly. Read More: Cannabis Delivery Wins Final Approval in MassachusettsContinue Reading

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Australia’s capital is the first part of the country to legalize recreational marijuana for personal use. The Australian Capital Territory Legislative Assembly voted on Wednesday to legalize possession by adults of up to 50 grams (1.8 ounces) of dried marijuana and cultivation of two marijuana plants beginning Jan. 31. TheContinue Reading

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If recent developments in professional sports are any indication, it’s just a matter of time before cannabis is removed from the list of banned substances in North America’s biggest sports leagues. The post Pro Athletes Eager to Embrace Cannabis, but Are Leagues Listening? appeared first on Leafly. ReadContinue Reading

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The federal government is finally ready to roll up its sleeves and examine the cannabis plant to determine whether it has any therapeutic benefits. The only problem is that weed has become such a modern-day Frankenstein monster — one that has been sprawled out on a rack of consumerism andContinue Reading

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California’s 2019 legislative session drew to a close earlier this month, and it was a lackluster year for cannabis business priorities, industry watchers noted, with no victories on issues such as tax relief, banking or the opening of more jurisdictions for business licensing. “It’s a mixed bag,” Amy Jenkins, chiefContinue Reading

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The multibillion-dollar U.S. cannabis industry is poised to cross a historic threshold Wednesday with a scheduled U.S. House vote on a bill that would permit financial institutions to serve state-legal marijuana businesses without fear of federal punishment. The vote would mark the first time a standalone marijuana bill has come beforeContinue Reading