Day: January 7, 2021

On:

Montana lawmakers rejected a $1.35 million budget request to fund the state’s recreational cannabis program, raising uncertainty about the program’s ability to meet its deadlines. The state revenue department had requested the money to set up a department of 20 full-time employees, according to the Associated Press. Montana voters approvedContinue Reading

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Jay Z officially has his hands in cannabis with the release of Monogram and the cannabis brand’s first line of products. The post Jay-Z’s Monogram makes its debut appeared first on Leafly. Read More: Jay-Z’s Monogram makes its debutContinue Reading

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Canadian marijuana producer WeedMD is closing a facility in Bowmanville, Ontario, in order to centralize medical cannabis distribution at its site in Aylmer, Ontario. WeedMD “has offered relocation and severance packages, where applicable, to about 20 employees,” the company said Thursday in a news release. WeedMD spokeswoman Marianella delaBarrera wroteContinue Reading

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New York-based multistate marijuana operator Columbia Care announced Thursday it struck a deal to acquire Southern California cannabis dispensary The Healing Center San Diego for approximately $15 million. Columbia Care to acquire San Diego marijuana retailer for $15 million is a post from: Marijuana Business Daily: Financial, Legal & CannabusinessContinue Reading

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Cannabis research slowed down in 2020 due to COVID-19, but some great studies still came out showing off the amazing benefits of the plant. The post The top cannabis research studies of 2020 appeared first on Leafly. Read More: The top cannabis research studies of 2020Continue Reading

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Multistate cannabis operator Curaleaf Holdings priced a new offering of 16.5 million subordinate voting shares in a bid to raise 275.6 million Canadian dollars ($216.6 million). The share offering was announced after markets closed Wednesday, with Curaleaf saying the funds would be used “for working capital and general corporate purposes.”Continue Reading

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The steadily growing Arkansas medical marijuana program is offering new business opportunities: processor and transporter licenses. Scott Hardin, spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that the state’s MMJ constitutional amendment didn’t establish a limit on the number of those licenses, so the commission will considerContinue Reading

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Oregon state cannabis regulators are recalling recreational cannabis products for pesticide contamination. Oregon regulators recall contaminated cannabis extracts, flower is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Oregon regulators recall contaminated cannabis extracts, flowerContinue Reading