(This story has been updated with industry reaction.) Preliminary results show a slim majority of voters in New Zealand rejected the country’s referendum on a proposed bill to legalize and regulate sales of adult-use cannabis, the country’s Electoral Commission announced today. However, the official outcome will not be known untilContinue Reading
The year 2020 was supposed to be a big one for Bhang Corp. The leading adult-use edibles company had spent upwards of $100k and months of planning every detail of their rebrand, scheduled to roll out in March. With the company’s 10th anniversary approaching in August, it would give theContinue Reading
It looks as if the Mississippi Supreme Court won’t consider a legal challenge to a medical cannabis initiative being on the ballot – until the election is over. Chief Justice Mike Randolph filed an order Wednesday giving Secretary of State Michael Watson until Nov. 6 to respond to the challengeContinue Reading
The dumpster fire that is 2020 is about to get even crazier. Check out these weed strains to get through the election, you’ll need ’em. The post Election Day stress? Chill with these 5 dank strains appeared first on Leafly. Read More: Election Day stress? Chill with theseContinue Reading
Marijuana Business Daily is rolling out extensive coverage of the 2020 general election to give readers timely updates and analysis of legalization ballot measures in five states as well as key federal races that could affect cannabis reform. MJBizDaily will offer blog reporting and analysis from its reporters as wellContinue Reading
Marijuana multistate operator Harvest Health & Recreation raised $34.5 million (46 million Canadian dollars) through a public offering of subordinate stock, the company said Wednesday. The Arizona-based marijuana company said in a previous news release that it will use the proceeds for working capital and general corporate purposes. The offeringContinue Reading
Denmark’s medical cannabis pilot program notched another positive quarter, but the number of unique consumers remains well below the trial’s peak of a year ago. The Danish market’s struggles demonstrate how businesses need to factor market ebbs and flows into their projections rather than counting on consistent, perpetual growth. In theContinue Reading
A group of Illinois cannabis retail license applicants will get to argue their case next week on a suit seeking to compel the state to award 75 new licenses. The case is potentially a key one in deciding how the state moves forward in a marijuana retail licensing process thatContinue Reading
Nevada’s recreational marijuana sales have largely recovered, having slumped in the spring from some of the strictest coronavirus shutdown measures in the nation and dwindling numbers of tourists visiting Las Vegas. Industry officials link the rebound to robust demand from local residents and improved business practices that arose as aContinue Reading
