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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 […]

US lawmaker Blumenauer sees clearer pathway for cannabis banking reform

May 16th, 2022U.S. Rep. Earl Blumenauer expressed optimism Monday about the odds of cannabis banking reform finally being passed by the full Congress, citing growing bipartisan support and the increased risk of violent attacks on state-legal marijuana businesses that handle cash. US lawmaker Blumenauer sees clearer pathway for cannabis banking reform is a post from: MJBizDaily: Financial, […]

Tribe to expand medical marijuana cultivation in South Dakota

May 16th, 2022The Flandreau Santee Sioux Tribe is building two new cultivation facilities to support its medical cannabis dispensary in South Dakota, citing high demand. Tribe to expand medical marijuana cultivation in South Dakota is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Lack of attention to nanoemulsion standards could hurt cannabis manufacturers

May 16th, 2022Cannabinoid nanoemulsions have gained in popularity. But are they safe and have they slipped through the regulatory cracks? Is this another example of a lesson (not) learned? Lack of attention to nanoemulsion standards could hurt cannabis manufacturers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

California governor proposes eliminating marijuana cultivation tax

May 16th, 2022California’s governor wants to eliminate a tax on marijuana cultivation, but not without raising taxes elsewhere on the state’s struggling cannabis industry. California governor proposes eliminating marijuana cultivation tax is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Cannabis product sampling is taking off, despite legal and pandemic challenges

May 16th, 2022Cannabis product sampling is taking off, despite legal and pandemic challenges is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Ohio suit resolved by pushing adult-use marijuana legalization issue to 2023

May 13th, 2022An initiative to legalize adult-use marijuana in Ohio won’t be on the state’s November ballot. Ohio suit resolved by pushing adult-use marijuana legalization issue to 2023 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canadian producer Aurora Cannabis loses another CA$1 billion

May 13th, 2022Struggling cannabis producer Aurora Cannabis reported a net loss of 1 billion Canadian dollars ($770 million) for the three months ended March 31 on plunging sales of adult-use products, bringing its loss this year to CA$1.1 billion. Canadian producer Aurora Cannabis loses another CA$1 billion is a post from: MJBizDaily: Financial, Legal & Cannabusiness news […]

North Carolina lawmakers could consider legalizing medical marijuana

May 13th, 2022North Carolina lawmakers could take up and pass a medical marijuana bill in an upcoming short session that runs from May 18 to June 30. North Carolina lawmakers could consider legalizing medical marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Miami approves medical cannabis dispensary after years of holding out

May 13th, 2022Miami’s City Commission voted 3-2 on Thursday to allow medical cannabis dispensary MRC44 to open, paving the way for other MMJ businesses. Miami approves medical cannabis dispensary after years of holding out is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Marijuana lender Chicago Atlantic increases credit facility to $65 million

May 13th, 2022Marijuana industry real estate lender Chicago Atlantic Real Estate Finance increased the size of its revolving credit facility by $20 million to $65 million. Marijuana lender Chicago Atlantic increases credit facility to $65 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

24 US senators push for inclusion of cannabis banking in competitiveness bill

May 12th, 2022Two dozen U.S. senators called for congressional leadership to include cannabis banking reform in American competitiveness legislation now being negotiated between the House and Senate. 24 US senators push for inclusion of cannabis banking in competitiveness bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Medical marijuana company sues over Detroit’s adult-use ordinance

May 12th, 2022A medical marijuana company in Detroit filed a lawsuit challenging a city ordinance that would bar medical cannabis companies from receiving an adult-use business license for five years. Medical marijuana company sues over Detroit’s adult-use ordinance is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs