Day: October 30, 2020

A federal judge dismissed a $200 million civil racketeering lawsuit filed by a Southern California cannabis farmer against another grower, ruling the claim had no standing because marijuana is illegal under federal law. The case was an unusual twist on lawsuits that have been filed against marijuana cultivators under theContinue Reading

The first finished, registered cannabis medicine became available to patients in Peruvian pharmacies this week, Marijuana Business Daily has learned. The product, Epifractan, is manufactured in Uruguay by Ramm Pharma and imported into Peru by Cann Farm, holder of the registry with the Peruvian General Directorate of Medicines, Supplies andContinue Reading

New Jersey’s top medical marijuana regulator squashed the idea that recreational marijuana should be available immediately after the election. New Jersey recreational marijuana sales wouldn’t start right after election is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: New JerseyContinue Reading

Canadian marijuana producer Hexo Corp. reported a net loss of 170 million Canadian dollars ($127 million) for its fourth quarter, ending its 2020 fiscal year with a CA$546 million loss. The quarterly loss accounts for inventory write-downs (CA$42 million), impairment (CA$46 million) as well as a CA$54 million loss onContinue Reading

A new cannabis vending machine has hit the market in Colorado, with other states on the horizon, but the automated dispensers must overcome a host of challenges to become a regular part of the marijuana retail landscape. As new cannabis vending machines hit the market, challenges remain is a postContinue Reading