Day: October 10, 2019

On:

Several companies recently announced challenges with financing their expansion plans. The trend doesn’t bode well for many cannabis operators. Cannabis companies scale back plans as access to capital tightens is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Cannabis companiesContinue Reading

On:

Minnesota-based Vireo Health, a multistate marijuana operator, signed the first vertically integrated medical cannabis labor agreement in Pennsylvania, a deal that is being touted as a win for both the employees and the company. The three-year pact is between Vireo’s Pennsylvania Medical Solutions subsidiary and the United Food and CommercialContinue Reading

On:

U.S. Senate Majority Leader Mitch McConnell is scheduled to talk with cannabis industry executives this week in California about marijuana banking legislation and other issues, perhaps signaling that the Kentucky Republican is open to MJ reform. McConnell is a key gatekeeper in determining whether cannabis banking reform legislation, which recentlyContinue Reading

On:

The Los Angeles County Bar Association (LACBA) approved a new law practice section specifically focused on marijuana, a move that could make it easier for a cannabis business operator to find a lawyer knowledgeable in the fast-growing and complex MJ industry. California is the largest legal marijuana market in theContinue Reading

On:

By banning all legal vapes, Gov. Baker sent consumers to the polluted illicit market—and to deadly tobacco cigarettes. The post Opinion: Why Massachusetts’ vaping ban won’t stop lung illnesses appeared first on Leafly. Read More: Opinion: Why Massachusetts’ vaping ban won’t stop lung illnessesContinue Reading

On:

Some Canadian cannabis companies are facing a financial squeeze because of the country’s slow rollout of recreational marijuana stores and a dwindling pool of available funding. Quebec cannabis producer Hexco Corp.’s lower fourth-quarter revenue projection and Ontario-based The Green Organic Dutchman’s capital issues could be a sign of things toContinue Reading

On:

Innovative Industrial Properties, a real estate investment trust (REIT) focused on the cannabis industry, bought a warehouse in Michigan from LivWell Holdings in a $42 million sales-leaseback deal. San Diego-based Innovative Industrial paid $19 million to LivWell Michigan for the 156,000-square-foot warehouse in Warren, Michigan. LivWell Michigan, whose parent isContinue Reading