MedMen, a Los Angeles-based multistate marijuana operator, announced that its blockbuster acquisition of PharmaCann has been scuttled and that the company will focus on beefing up its retail operations in California and other states. MedMen and PharmaCann terminate $682 million cannabis merger; MedMen CFO ousted is a post from: MarijuanaContinue Reading
In the decades since the medical marijuana movement began in earnest in the 1970s, cannabis has been anecdotally touted as an effective treatment for a variety of illnesses, including those impacting brain function, such as seizures, anxiety and depression. However, peer-reviewed research into the plant’s benefits remained stunted thanks toContinue Reading
The rash of headlines linking deadly respiratory illnesses to vaping has had little impact on the popularity of such products. The wholesale market share of marijuana oil cartridges has declined only slightly in recent months, but the length and severity of the decline – and whether it is related toContinue Reading
Criminal charges were dismissed against a Massachusetts marijuana license holder who allegedly conspired with another man to set up an illicit cannabis cultivation operation. A District Court judge dismissed a marijuana trafficking conspiracy charge against Mark Rioux, according to The Milford Daily News. After learning of the original charges, theContinue Reading
Voting on resolutions to regulate the cultivation and registration of cannabis-based medicines in Brazil has been postponed, the Agência Nacional de Vigilância Sanitária – or National Sanitary Surveillance Agency (ANVISA) – announced Monday. Voting was originally scheduled to take place Tuesday. The delay throws the future of the groundbreaking proposals in doubt. The reasonContinue Reading
German medical cannabis company Demecan has secured 7 million euros ($7.6 million) in financing to expand production in Europe’s largest medical market. The fresh capital – from btov Partners, a European venture capital firm, and a German single family office – comes as international companies establish footholds in the important European Union market. Constantin vonContinue Reading
Maine marijuana enthusiasts will probably be able to purchase their preferred products in retail stores by March 2020 after years of waiting. The post Maine’s first cannabis sales expected by March 2020 appeared first on Leafly. Read More: Maine’s first cannabis sales expected by March 2020Continue Reading
Maine state officials said they are poised to begin accepting adult-use marijuana license applications before the end of the year and expect customers will have the ability to purchase products in retail stores by March. There are no statewide license caps, but municipalities can limit or ban recreational marijuana inContinue Reading
Village Farms is counting on its 30-plus years of experience in megascale, low-cost product growing to give it a leg up as it shifts focus to the Canadian cannabis and U.S. hemp markets. Exclusive Webcast: Village Farms CEO talks branding, strategy for marijuana is a post from: Marijuana Business Daily:Continue Reading
When Lucas Wong and his 50 co-workers at the Belltown, Seattle location of Have A Heart — one of the busiest recreational cannabis dispensary chains in Washington state — voted in the summer of 2018 to join a union and extract concessions from management, they had help from an unlikelyContinue Reading
