West Virginia regulators announced which medical cannabis processors will be receiving business licenses. West Virginia awards medical marijuana processor licenses; several go to MSOs is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: West Virginia awards medical marijuana processor licenses;Continue Reading
Chicago-based Ferrara Candy Co. has filed suit in a federal court against California-based Tops Cannabis, alleging the delivery company has been peddling marijuana-infused parodies of its popular Nerds brand and is infringing on its trademark. According to Law360, Tops Cannabis has allegedly been selling – but not manufacturing – theContinue Reading
British Columbia-based Pure Sunfarms reported yet another profitable quarter as revenue rose substantially compared to the previous three-month period. The cannabis producer saw net sales grow to 22.6 million Canadian dollars ($17 million) for the quarter ended Sept. 30. Adjusted EBITDA – a measure of profitability – increased 125% fromContinue Reading
A group of Mexican legislators met virtually on Friday to discuss the latest version of a bill to legalize adult-use cannabis and, in doing so, comply with a Supreme Court mandate to pass a law by the middle of next month. The legislators already are way behind schedule, but stepsContinue Reading
An Illinois judge rejected a request to stop state regulators from rescoring retail marijuana license applications, moving a seemingly never-ending saga closer to resolution. The ruling allows Illinois to go forward with a licensing do-over that Gov. J.B. Pritzker hopes will remedy complaints about the process to award 75 recContinue Reading
Argentinian authorities published a new decree aiming to address the shortcomings of the rules governing the country’s medical cannabis sector, which has largely failed to materialize since an initial law and decree were approved in 2017. The new decree replaces the 2017 version, which did not facilitate meaningful access toContinue Reading
Montana regulators say they are beginning the process to make adult-use cannabis cultivation and sale licenses available by Oct. 1, 2021. “There’s a lot of work ahead before the first legal sale of nonmedical marijuana in Montana and before the first license is issued,” Gene Walborn, director of the MontanaContinue Reading
For many, the journey to cannabis medicine comes after several painful years of trying seemingly ineffective pharmaceuticals. Shifra and Alex Klein know this all too well. After years of exhausting pharmaceutical treatments and therapies to treat their son’s severe autism, the Los Angeles-based Orthodox Jewish couple made the decision toContinue Reading
Wholesale prices of marijuana and hemp oil have fallen from a year ago, according to industry executives, reflecting rising oil production nationwide that has more than offset an uptick in cannabis sales amid the coronavirus pandemic. The drop in wholesale oil prices reflects multiple market factors working simultaneously – andContinue Reading
