Day: January 6, 2021

On:

A small band of the roughly 57 companies whose marijuana business permits expired on New Year’s Eve filed a lawsuit asking a California state judge to order Los Angeles officials to conduct an appeals process or at least a hearing over their licenses not being renewed. According to Law360.com, threeContinue Reading

On:

New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational cannabis program that provides “equitable” licensing opportunities and “reflects national standards and emerging best practices.” New York governor presses again for legalizing recreational cannabis is a post from: Marijuana Business Daily: Financial,Continue Reading

On:

Total compensation for the top executives at struggling marijuana producer Hexo Corp. grew almost 20% year-over-year to 14.4 million Canadian dollars ($11.1 million) in fiscal 2020, led by the company’s CEO, according to a financial disclosure filed with the U.S. Securities and Exchange Commission last month. CEO Sebastien St. Louis’sContinue Reading

On:

Troubled Canadian marijuana company Zenabis Global said it has entered exclusive merger talks with “another significant licensed cannabis producer.” Zenabis, based in Vancouver, British Columbia, said it wouldn’t disclose further details. Zenabis’ announcement in a Wednesday morning news release also included a swipe at competing producer Sundial Growers, which madeContinue Reading

On:

Proposed rules for Maine’s medical cannabis program would require registered MMJ caregivers to use the state’s inventory tracking system. A “limited inventory tracking” option would be available to small-scale caregivers who grow 12 plants or fewer, don’t operate a retail store and don’t do wholesale transfers to other caregivers, accordingContinue Reading