Day: January 11, 2021

On:

Colorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast and mold issues. Colorado authorities issue recall of contaminated cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Colorado authorities issue recall of contaminated cannabisContinue Reading

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Massachusetts-based multistate marijuana company Curaleaf Holdings is borrowing $50 million by way of a three-year secured revolving credit facility. The loan, announced Monday, will “be used to fund capital expenditures to support future growth initiatives, potential acquisitions, and for general corporate purposes,” Curaleaf said in a news release. The loanContinue Reading

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South Dakota Republican Gov. Kristi Noem issued an executive order that indicated she is behind the effort to overturn voter-approved recreational cannabis legalization and that she has the right to challenge legalization as part of her duty to defend the state’s constitution. The two-age executive order issued Friday noted thatContinue Reading

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California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new department – has finally been rescheduled and is now slated to be completed by July. Though the merger is pending approval from lawmakers, the move is part ofContinue Reading

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Third-party production, or white-label manufacturing of consumer products, is a method of combining valuable brands and production capabilities. Cannabis products are no different. How to arrive at an appropriate royalty fee when white-labeling cannabis products is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneursContinue Reading

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(A version of this story first appeared at Hemp Industry Daily.) California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday. But this time, the proposal comes with a twist: TheContinue Reading