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West Virginia Seeks Financial Institution to Handle Medical Marijuana Money
April 23rd, 2019West Virginia Seeks Financial Institution to Handle Medical Marijuana Money State lawmakers passed a bill earlier this year to allow financial organizations, like credit unions, to bid for the job. CHARLESTON — The state Treasurer’s Office hopes to have a request for proposal (RFP) issued within the next month with the goal of hiring a […]
Canopy Kicks Off Cross-Border Cannabis Consolidation
April 22nd, 2019By Kristine Owram |April 21, 2019, 8:00 AM EDT Cross-border cannabis consolidation has begun. Canopy Growth Corp. announced Thursday that it’s buying Acreage Holdings Inc. in a $3.4 billion deal that keeps it onside with stock-exchange rules while giving it an entry point to the U.S. market the moment federal legalization occurs. The deal is “the most […]
Marijuana MSO PharmaCann raises $39.5 million through upsized debt offering
January 21st, 2022Privately held marijuana multistate operator PharmaCann raised net proceeds of $39.5 million through an upsized offering of senior secured notes. Marijuana MSO PharmaCann raises $39.5 million through upsized debt offering is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
South Dakota starts awarding medical cannabis dispensary permits
January 21st, 2022South Dakota issued its first three medical marijuana dispensary permits, but with no corresponding cultivation or processing licenses awarded, it’s unclear when sales might begin. South Dakota starts awarding medical cannabis dispensary permits is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Rhode Island governor renews push for recreational marijuana legalization
January 21st, 2022Rhode Island Gov. Dan McKee, as expected, is pushing again for recreational marijuana to be legalized this year. Rhode Island governor renews push for recreational marijuana legalization is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Lawsuit further stalls Georgia medical cannabis market
January 21st, 2022The launch of Georgia’s limited medical cannabis market will apparently have to wait even longer because of an ongoing lawsuit over the state’s licensing process. Lawsuit further stalls Georgia medical cannabis market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Canada’s retail marijuana sales decline to CA$353.7 million in November
January 21st, 2022Retail sales of legal adult-use marijuana dipped to 353.7 million Canadian dollars ($282.5 million) in November, a 2.9% decline from October’s monthly sales record. Canada’s retail marijuana sales decline to CA$353.7 million in November is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Oklahoma lawmaker seeks to exert local control over medical marijuana growers
January 20th, 2022An Oklahoma lawmaker filed a bill to try to increase local control over and thus curb the number of medical marijuana growers in what is arguably the most wide-open MMJ market in the country. Oklahoma lawmaker seeks to exert local control over medical marijuana growers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news […]
British Columbia launching program to promote Indigenous cannabis products
January 20th, 2022The Canadian province of British Columbia is launching a program to highlight cannabis products in retail stores and online made by B.C.-based Indigenous producers. British Columbia launching program to promote Indigenous cannabis products is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Armored car firm files suit against law enforcement, alleging marijuana cash theft
January 20th, 2022An armored car and fintech company filed a lawsuit against the federal government and multiple law enforcement agencies alleging that it has been unlawfully targeted by police over the past year and is the victim of “highway robbery.” Armored car firm files suit against law enforcement, alleging marijuana cash theft is a post from: MJBizDaily: […]
Louisiana cannabis grower expands to meet demand, stave off competition
January 20th, 2022A cannabis cultivation company with a contract to provide medical marijuana to Louisiana patients is boosting production to meet added demand and keep lawmakers from adding more competition to the limited-license program. Louisiana cannabis grower expands to meet demand, stave off competition is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Atlanta group poised to enter marijuana sector using REIT model
January 20th, 2022UC Asset, an Atlanta-based real estate investment group, announced its intent to acquire an indoor-outdoor medical marijuana property in Oklahoma City. Atlanta group poised to enter marijuana sector using REIT model is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Mississippi poised to legalize medical cannabis after House passage
January 19th, 2022Mississippi is on the verge of legalizing a commercial medical cannabis program after the state House of Representatives on Wednesday voted 104-14 in favor of a bill to launch an MMJ program. Mississippi poised to legalize medical cannabis after House passage is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona
January 19th, 2022Marijuana multistate operator Curaleaf Holdings finished up its previously announced acquisition of vertically integrated Arizona cannabis company Bloom Dispensaries. Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs