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Missouri’s Social Equity Law Meets First Court Challenge

January 2nd, 2020A Missouri family is suing the state’s Department of Health and Senior Services after they were denied a license to cultivate medical cannabis under Missouri’s medical cannabis law, passed in 2018. Paul Callicoat and his family said in the lawsuit that the state violated the Constitution when they awarded only sixty out of five hundred […]

South Carolina Destroys Seized Hemp Crop After It Tests Hot

January 2nd, 2020South Carolina police who seized a more than 180-pound hemp shipment headed to from North Carolina to Texas have destroyed the crop after it tested over the legal limit for hemp but did not press charges against the drivers, according to a WCNC report. The hemp was cultivated by Bio Lab Global, which is licensed […]

Illinois Cannabis Market Launch Brings Happy New Year

January 1st, 2020On January 1, 2020, adult-use cannabis is officially available for purchase in Illinois. Starting today, Illinois residents 21 and over can legally purchase and carry up to 30 grams of dried flower, 5 grams of concentrates, and up to 500 mg of THC in edible form. Non-residents and tourists will be able to legally carry […]

Sanders’ Cannabis Plan Would Exclude Big Corporations

January 1st, 2020When it comes to cannabis, Bernie Sanders has been the most consistently pro-legalization politician on Capitol Hill. As a key part of his 2020 presidential bid, he has crafted a plan which would shape the industry for years to come with points of action aimed at leveling the playing field and keeping it level. Sanders’ […]

Heavenly Rx expands footprint by acquiring American CBD maker

December 31st, 2019Heavenly Rx, a CBD maker based in Toronto, on Tuesday announced the acquisition of a privately held CBD manufacturer in the United States. The purchase of Paradise Valley-based PureKana expands Heavenly Rx’s reach into Arizona and continues a recent string of acquisitions by the Sol Global Investments subsidiary. Heavenly Rx most recently added to its portfolio in […]

Cannabis packaging

December 31st, 2019The Washington Liquor and Cannabis Board approved new regulations on packaging and labeling marijuana products that go into effect on Jan. 1 and are intended to keep them from children Cannabis packaging is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Michigan Approves Three Cannabis Delivery Businesses

December 31st, 2019Michigan regulators have approved three businesses for home cannabis delivery, the Associated Press reports. Customers can order up to 2.5 ounces of flower and 15 grams of concentrates to their homes – the limits are the same for in-person purchases – although the agency did not indicate when delivery services would commence. The Michigan Department […]

Nevada Testing Lab Loses License After Approving Tainted Products

December 31st, 2019A second Nevada cannabis testing lab has lost its license after regulators found the company approved products for sale that had elevated levels of mold, yeast, bacteria, and fungus, the Reno Gazette Journal reports. Cannex Nevada LLC approved the flower products which were cultivated by Nevada Wellness Group LLC, ACC Enterprises LLC, and Integral Cultivation […]

Arkansas Medical Cannabis Sales Top $28M in 2019

December 31st, 2019Medical cannabis sales in Arkansas reached $28.13 million since the program launched in May, the Associated Press reports. According to Department of Finance and Administration figures, the state’s 14 dispensaries sold more than 4,200 pounds of medical cannabis in 2019. In all, state regulators have licensed 32 dispensaries but just 14 were operational this year. […]

Chart: Illinois’ new adult-use marijuana market to attract fierce competition

December 31st, 2019The start of the new year will launch a flurry of activity for Illinois’ recreational cannabis industry, a sizable new market that will unleash stiff competition for business licenses and could eventually reach $2.5 billion in annual sales. On Jan. 1, recreational sales will begin through existing medical marijuana dispensaries in the state. The next […]

Stock slump, layoffs and turning a cannabis company around: Q&A with MedMen CEO Adam Bierman

December 30th, 2019The new year always offers a chance for a fresh start, which is exactly what MedMen CEO Adam Bierman believes he needs. Stock slump, layoffs and turning a cannabis company around: Q&A with MedMen CEO Adam Bierman is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Bermuda releases draft medical cannabis law and rules to ‘spark entrepreneurship’

December 30th, 2019Bermuda released the draft legislative blueprint to establish a domestic medical cannabis industry, which Attorney General Kathy Simmons said would create business opportunities for local enterprises and attract international investment. The government is inviting the public to submit feedback on the proposed Medicinal Cannabis Bill and corresponding Medicinal Cannabis Licensing Regulations. The proposed law and […]