Day: January 12, 2021

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The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill the last remaining open position on the board. Massachusetts marijuana regulator taps attorney to fill vacant seat is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: Massachusetts marijuanaContinue Reading

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Mexico has published highly-anticipated regulations to underpin its medical cannabis industry, more than three years after an amendment to the General Health Law allowed medical cannabis use. The long delay underscores a benefit of approaching the international medical marijuana industry with a conservative strategy. Countries often legalize medical cannabis, onlyContinue Reading

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Multistate cannabis operator MedMen Enterprises said Tuesday it raised $10 million in capital by amending a senior secured debt facility led by Gotham Green Partners. That facility and other debt amendments announced at the same time will dilute the value of MedMen stock. But the amendments also reflect an effortContinue Reading

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It’s winter, it’s cold—good thing feeling nice and cozy inside is one of the many benefits of consuming cannabis. The post 7 weed strains for winter hibernation appeared first on Leafly. Read More: 7 weed strains for winter hibernationContinue Reading

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Ten marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt to overturn a license scoring process that left all of them without business permits. According to C&G Newspapers, the city identified three cannabis companies as top scorers for marijuana business licenses and left out 27Continue Reading

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New Brunswick-based cannabis producer Organigram continues to struggle, reporting lower sales and a bigger loss for its first quarter ended Nov. 30, 2020. Net revenue for the three-month period fell to 19.3 million Canadian dollars ($15 million), lower than the previous quarter’s CA$20.4 million. Organigram’s adjusted EBITDA loss grew toContinue Reading

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As public health-insurance payouts for medical cannabis in Germany stagnate, entrepreneurs are focusing instead on the private health-care sector, where medical consultations and marijuana is paid for directly by patients. Although Germany is often touted as an attractive market because statutory health insurers are expected to cover the cost ofContinue Reading

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While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market there might actually be underperforming when considering the state’s large population. Illinois consumers purchased 14.5 million recreational marijuana products last year, generating $669 million in sales. While nowhereContinue Reading