Day: November 16, 2020

On:

A Fresno County Superior Court judge heard oral arguments Monday in a long-awaited case that could have major ramifications for California’s legal cannabis businesses. At issue is a policy enacted by the state Bureau of Cannabis Control (BCC) in July 2018 that allows state-licensed marijuana delivery businesses to deliver MJContinue Reading

On:

Four investors who were defrauded by an illicit marijuana scheme in which a Colorado businessman illegally distributed MJ into various states have been awarded a total of $2.5 million in restitution by a district court judge. According to a news release from Colorado’s 18th Judicial District Attorney in suburban Denver,Continue Reading

On:

C3 Industries, a vertically integrated multistate cannabis company based in Ann Arbor, Michigan, closed a funding round that will help the company launch operations in Massachusetts and Missouri. Michigan cannabis firm to expand footprint to four states after $45M raise is a post from: Marijuana Business Daily: Financial, Legal &Continue Reading

On:

What happened when researchers took thousands of cannabis samples representing 396 strain names to a laboratory? The analyzed samples turned out to be a whopping three distinct chemical varieties of cannabis. From the analysis, the scientists concluded that the strain name of a particular type of cannabis basically doesn’t mean muchContinue Reading

On:

Cannabis extractor Nextleaf Solutions has been granted its second US patent for the acetylation of cannabinoids. The patent covers a process for acetylating CBD and the subsequent extraction of CBO-O-Acetate. In February, the Vancouver-based company obtained a patent for the acetylation of THC and subsequent refinement of THC-O-Acetate. The advancementContinue Reading

On:

Virginia’s governor said he plans to push for legalizing an adult-use marijuana market during the 2021 state legislative session. Gov. Ralph Northam’s comments came Monday, the Associated Press reported, on the heels of voters in New Jersey approving a referendum to develop a recreational market. “Legalizing marijuana will happen inContinue Reading

On:

Consumer demand has been pushing the THC potency of herbal cannabis upward for decades, but does that increased potency extend to cannabis resin, and to CBD levels, as well? A new report has answers. The systematic review and meta-analysis of studies between 1970–2017 found levels of THC increased each yearContinue Reading

On:

Washington state cannabis regulators are holding a digital public hearing at 10 a.m. Pacific on Wednesday to receive comments from stakeholders about proposed testing rules that would require the addition of pesticide and heavy metal testing for all marijuana products produced, processed, and sold in the state. WA regulators toContinue Reading

On:

MediPharm Labs Corp. reported third-quarter revenue of 4.9 million Canadian dollars ($3.8 million), 88% lower than the CA$43.4 million the Barrie, Ontario, company booked in the same period last year. Revenue for the quarter ended Sept. 30 was 64% lower than the previous three-month period. The quarterly results come daysContinue Reading